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The Daily Insight Hub

When did target become popular?

Author

Emma Miller

Updated on January 12, 2026

Target established itself as the discount division of the Dayton’s Company of Minneapolis, Minnesota, in 1962; it began expanding the store nationwide in the 1980s (as part of the Dayton-Hudson Corporation), and introduced new store formats under the Target brand in the 1990s.

What did target sell at first?

The first Target Greatland store, which offered a wider selection of merchandise than a standard Target store, opened in 1990. Five years later, in Omaha, Nebraska, the company opened its first SuperTarget store, which included a full-service grocery, a photography studio, a pharmacy, and restaurants.

How long has target been around?

About 119 years (1902)
Target Corporation/Age

Who invented target?

George Dayton
Target Corporation/Founders

When did target go public as a public company?

The store was upgraded to a SuperTarget in 2003 and is still open. The next year, the Dayton holdings were reorganized as Dayton Corporation, and it went public with its first offering of common stock.

What was the name of the first Target store?

In the spring of 1902 the store was known as the Goodfellow Dry Goods store; in 1903 the corporate name was changed to Dayton Dry Goods Company, then seven years later simply Dayton Company, the forerunner of Dayton Hudson Corporation and, ultimately, Target Corporation. Eventually the store would expand to fill the six-story edifice.

What was the stock price of target in 1983?

Historical daily share price chart and data for Target since 1983 adjusted for splits. The latest closing stock price for Target as of June 08, 2021 is 235.10. The all-time high Target stock closing price was 235.10 on June 08, 2021.

What kind of company is the Target Corporation?

Written By: Target Corporation, formerly (1911–69) Dayton Company and (1969–2000) Dayton-Hudson Corporation, American mass-market retail company operating large-scale food and general-merchandise discount stores. It is one of the largest discount retailers in the United States, and its red bull’s-eye logo is familiar throughout the country.