Target Corporation Essay Example | Topics and Well Written Essays - 1250 words

train slew - Essay ExampleThe full name of the retail store known as bottom is post muckle. This name came to be known in 1962. object lens Corporation has a main render fixed in Minneapolis, Minnesota. The main headquarters is fit(p) right downtown. Other smaller offices are to a fault regain in Minneapolis, Minnesota. The state of Arizona is home to the financial headquarters for crisscross Corporation. Target Corporation also has two banks that are located in Sioux Falls, North Dakota and Salt Lake City, Utah (Target2011). These many different headquarters allow for target to provide appropriate customer service and financing. Target Corporation was not forever known as the Target that is today. The first Target store was opened in the 1900s and named life-threatening fellows. Good fellows produced dry goods. The store was located in downtown Minneapolis. It wasnt presbyopic before the fraternity became known as the Dayton Company. Later in the 1960s the first Targe t store was opened. The store was located in Roseville, Minnesota. The store quickly became popular and expanded to the now known Target Corporation. This rapid increment came from a strong founder. The founder of Target Corporation is George Dayton. George Dayton was born in 1857. George was born in crude York. Throughout his career he stumbled upon a retail store that his bank had foreclosed on (Soylent Communications 2011). This business organisation venture was the start of many other additions. George acquired more popular retail stores such as Mervyns, Hudsons and marshal Fields. These many retail fusions led to the current Target Corporation. These mergers also proved the strength that Target Corporation has. Georges determination allowed him to become a successful business man and build Target Corporation to what it is today. The original business of Target Corporation was a Dry Goods retail store. It wasnt long before the Good Fellow Dry Goods Company became known as w iz of the number maven suppliers of retail goods. Products originally sold were retail items like other department stores. Target Corporation sells various products. Products range from childrens clothing, canned goods, jewelry and electronics. Target Corporation is a one stop shop for popular products. Target Corporations owns a majority of manufacturing facilities that help keep the price of goods low. The Target Corporation has a history as many different companies. Target Corporation is responsible for the fusion of many popular retail chains. In 1956, Target Corporation was responsible for the very first shop center that had two different shop levels. This new obtain center became the new face of shopping centers in America. Soon after Target Corporations two story shopping center, many similar shopping centers such as malls were spreading throughout the country. The target store was the first of its kind. The Target store of 1962 was able to offer discounted retail items. Offering discounted items made Target a popular retail chain. The 1960s and 1970s were huge decades for Target Corporation. During this time, there were large mergers and the announcement of Target Corporations entering into the stock market. Another merger with Marshall Fields later took place in the 1990s. This final merger allowed Target Corporation to become huge generating over $30 billion dollars (Target2011). The success of Target stores led to the sale of Marshall Field