Preview

Jl Hudson Personality

Satisfactory Essays
Open Document
Open Document
334 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Jl Hudson Personality
Target
George Draper Dayton opened up Goodfellow Dry Goods in Minneapolis in 1902. When he was younger, his father couldn’t afford to send him to college because he would offer his services to poor people. So Dayton left home to go work. He was such a workaholic, however, that he had some health issues and so he had to go back home. There, he became a banker and soon enough, he had enough money so he bought the Bank of Worthington. He changed the name multiple times; first to Dayton Dry Goods Company, then to Dayton Company, then Dayton Hudson Corporation, then Target Corporation later on. He was a very active Presbyterian so the rules in his store were encouraged by his beliefs, like no liquor was sold there, it was closed on Sundays, and no ads about liquor in the newspapers he sold. That didn’t slow down or stop his business though. In 1938, he dies and his son Nelson takes over the business. Nelson did a very good job at handling the
…show more content…
During World War II, he used the war as an asset and made sure that all the employees kept the store full of merchandise. When Nelson died, his son became the president of the company with help of five of his cousins. All the rules about Sundays and liquor were changed and the changes they made were very expensive. The J.L. Hudson Company, Dayton’s soon-to-be partner, built the first enclosed shopping mall, called Southdale, in 1956. In 1962, Target was created and launched. They partnered up with the J.L. Hudson Company and they expanded real quick after that. In the 1990s, they made the very first SuperTargets around the country to compete with stores like WalMart and Kmart na they also made Target Guest Cards. They have divisions which include Mervyn’s, Marshall Field’s, Target Financial Services, Target Stores, target.direct, and CityTarget. And now Target Corporation is the fourth largest retailer in the U.S.A. with 1,556 stores around

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Dollar General began during the Great Depression. J.L Turner and his son were buying retail stores that were hard hit by the depression (dollargeneral.com, 2013). The first store was named J.L Turner and Son Wholesale. The idea was that nothing in the store would cost more than a dollar. This idea spread like wildfire. Dollar General Corporation was formed in 1968. It has grown tremendously since that time.…

    • 1829 Words
    • 8 Pages
    Satisfactory Essays
  • Good Essays

    STR 581

    • 295 Words
    • 2 Pages

    The first Target Store was opened in 1962 by the Dayton Company. Though there were other discount chains in the US at that point of time, many of them do not exist today. Target was able to adapt itself to the changing environment and by 2002; it was the second largest discount retailer in the US (Target.com, 2012)…

    • 295 Words
    • 2 Pages
    Good Essays
  • Best Essays

    “By 1975, Target had become Dayton-Hudson’s leading revenue producer, and by 1979 Target’s annual sales had reached $1 billion. In 1995 in Omaha, Nebraska, the company opened its first SuperTarget store which included a full-service grocery, a photography studio, a pharmacy and restaurants. To reflect a new focus on its Target stores, Dayton-Hudson changed its name to Target Corporation” (Target Corporation, n.d.).…

    • 3019 Words
    • 13 Pages
    Best Essays
  • Better Essays

    Acc 230 Final

    • 970 Words
    • 4 Pages

    Target Corporation was founded in 1902 by George Dayton, a banker and real estate investor, the original name was Dayton Dry Goods Company, later in 1911 becoming Dayton Department Store, and in 1962 becoming Target a discount chain store. Target and its iconic red bulls-eye, named because it is a marksman’s goal to hit the center mark, much as it was Target’s goal to do the same in terms of retail goods, services, community commitment, price, value, and overall experience (Target.Com, 2012). 1967 saw Target grow from a regional department store to national retailer. In 2009 Target expanded into the fresh food market nationwide, and in 2012 is celebrating its 50th anniversary; even after 50 years Target is still committed to its original values and the bulls-eye symbol.…

    • 970 Words
    • 4 Pages
    Better Essays
  • Better Essays

    Target Corporation was founded in 1902 by George Dayton in Minneapolis, Minnesota. It was originally called “Dayton Dry Goods Company” and then later became Dayton Company in 1910. By 1962, Dayton Company opened its first discount store in Roseville, Minnesota by the name of “Target”. By 2000, all Dayton Hudson Corporations changed their name to Target Corporation. It opened three operating divisions including Target, Mervyn’s and the Department Store Division. In 2001, Target’s division generated about 80 percent of retail sales and operating income while Mervyn’s generated only 12 percent and the Department Store Division only generated 9% of sales therefore Target merged their e-commerce team and direct merchandising unit into one organization creating Target Corporation opening 74 new stores within the same year. Target’s operating strategy is built on providing great value to their consumers. They distinguish themselves from the competition by differentiating their inventory from other competing retail stores such as Wal-Mart and K-Mart. They are also known as…

    • 1218 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Target Strategic Analysis

    • 4446 Words
    • 18 Pages

    1969, in the same year, Target’s parent company, Dayton, merged with JL Hudson Company of Detroit and became Dayton-Hudson Corporation.…

    • 4446 Words
    • 18 Pages
    Good Essays
  • Satisfactory Essays

    Target Corporation is the second-largest discount store retailer in the United States, behind Walmart. Founded by George Dayton and headquartered in Minneapolis, Minnesota. Later, the first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the Dayton Corporation in 1967. It became the Dayton-Hudson Corporation after merging with the J.L Hudson Company in 1969 and held ownership of several department store chains including Dayton's, Hudson's, Marshall Field's, and Mervyn's.…

    • 116 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    After reading four articles by Jay Mathews I have learned about his overall personality. The columns he writes for Washington Post expresses his views and opinions about recent events. The four columns I chose by Mathews were regarding the American education system. In all four columns Mathews explains the issues that are recently occurring in America. He gives great evidence by quoting people that are involved in these issues.…

    • 253 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Tyler Perry Personality

    • 219 Words
    • 1 Page

    Tyler Perry was born in New Orleans in the year 1969. This individual underwent some very difficult situations in his childhood. Born into a family of six members, out of the four children, Perry seemed to be the main focus of the children’s abusive alcoholic father. Due to this harsh situation, Perry tried to commit suicide in order to find relief from the difficult life that he had been given. After failing at his attempt of ending his life, Perry (during adolescence) altered his first name from that of his abusive father to Tyler. While he was changing things around in his life, the young Perry did not finish high school either. Instead, he dropped his high school enrollment to pursue the general equivalency diploma, otherwise known as the…

    • 219 Words
    • 1 Page
    Good Essays
  • Best Essays

    Company Profile Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota. Target Corporation operates general merchandise and food discount stores in the United States. It operates as two reportable segments: Retail and Credit Card. The company offers household essentials, including electronics, music, and toys; apparel and accessories; home furnishings as well as seasonal merchandise. It also sells its merchandise under private-label brands, such as Archer Farms, etc. Target Corporation operates in-store amenities, such as Target Caféand Target Clinic as well. Its marketing strategy includes selling its products on its online shopping site Target.com and its network of distribution centers. As of June 2, 2010, it operated 1,740 stores in 49 states and the District of Columbia covering 231,941,000 square feet, and has more than 351,000 employees across the United States. Target Corporation’s main competitors are Wal-Mart Stores Inc. (WMT), and Costco Wholesale Corporation (COST). According to its 10-K annual SEC filing, 88% of shares are held by institutional and mutual fund owners. The five largest shareholders of Target Corporation are Gregg W. Steinhafel, Kathryn A. Tesija, Douglas A. Scovanner, Richard M. Kovacevich and John D. Griffith. Segment Performance Target operates as two reportable segments: Retail and Credit Card segments. According to Target’s 10-K annual SEC filing, Target Corporation’s retail segment contains service of merchandising operations, and associate with online services. Its credit card segment gives qualified clients credit cards, such as Target…

    • 2214 Words
    • 9 Pages
    Best Essays
  • Good Essays

    Lee Morgan had been a prodigious trumpet player with many unique qualities that make him exceptional and different from many others on his class. He created his own style and personality reaching the height of his career despite all difficulties and issues that music may lead. Usually judgement take place when someone fall on their knees by any addiction, but certainly they are far to be a bad person, opposite to that, I am pretty sure that they have a noble, or great personality with a soft heart, dedication, passion and give all what they have. In addition, all the giver personality, dedication and passion are applied in all what they best like or doing during their daily life. Smart and skilled people do not make any difference between good and bad when they do something, as I was mentioning before, they bring or take everything to the limit in seriously ways, no…

    • 599 Words
    • 3 Pages
    Good Essays
  • Better Essays

    In 1962 history was made. An employee of Dayton Dry Goods Company named John. F. Geisse thought of the idea of an upscale discount-relating store. The Dayton Company used Geisse’s idea and opened its first store in Minnesota called “Target,” currently owned by Target Corporation. With more than 1,934 stores across the country, Target has grown into a household staple brand. In fact, Target mega-brand is second only to Wal-Mart. It’s amazing how successful Target has become in such a short period of time, but the question on everyone's mind is how? What makes Target so successful? Do they scam their everyday shoppers or are they genuinely that good? Whether it’s the colors or the adorable dog as their mascot Target is doing something…

    • 1251 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Target Corporation

    • 3133 Words
    • 13 Pages

    The Target Corporation, what used to be known as the Dayton Dry Goods Co., is an American retailing company that was founded in Minneapolis, Minnesota, in 1902. In 1962, the first Target store was opened in Roseville, Minnesota. It is the fifth largest retailer by sales revenue in the United States behind Wal-Mart, The Home Depot, Kroger and Costco. The company is ranked 33rd on the 2007 Fortune 500. Target operates its retailing business exclusively in the United States. It is a rival with Kmart and Wal-Mart. Target was listed in Internet Retailer's list of the top 500 retail web sites in 2007 also, this not only proves of brick and mortar sucsess but also online retail.…

    • 3133 Words
    • 13 Pages
    Powerful Essays
  • Better Essays

    In 1902, Target’s founder George Dayton opened his first store Dayton Dry Goods Company in Minneapolis, Minnesota. The residents in this community could expect dependable merchandise, fair business practices and a generous spirit of giving from their new store. Mr. Dayton shaped his new store around his personal principals and humanitarian spirit. By 1960, Mr. Dayton entered into mass-market discount and on May 1, 1962 “Tar-zhay” as it’s known by shoppers like me, was born in the twin cities Roseville. Target’s 75 departments would offer customers the best fashions, discounts, quality, prices, and a supermarket. The shopping experience would be fun for the entire family. The store had wide aisles, easy to shop displays, quick checkouts and well- lighted parking lots. The director of publicity with the help of his staff bounced around more than 200 names before they came up with the name and the bulls- eye logo. “As a marksman’s goal is to hit the center of the bulls-eye, the new store would do much of the same in terms of retail goods, services, commitment to the community, price, value, and overall experience.” (Target Corporation, 2013) Target employs more than 365,000 people and has cultivated a reputation as big box discounter offering affordability and style in more than 1,763 locations. Target appeals and attracts younger, educated, and affluent customers. Target stores are clean, well-kept, and organized. Customers are referred to as “Guests “and employees as “Team-Members.” Target has been recognized as the best place to work for hourly employees and ranked in the top 50 for diversity. Forbes awarded Target most reputable and admired company for its philanthropy. Target’s reputation is under fire for its low wages, poor working conditions, animal abuse, discrimination, lack of diversity and resistance in the…

    • 1197 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    On May 1, 1962, Target 's first store was opened with a grand opening in Roseville, Minn. It was taken as a new idea in discount stores. Target distinguished itself from other retail stores by joining many of the best department store’s features like fashion, quality and services with low prices. By the end of 1962, Target opened its additional locations in St. Louis Park, Crystal and Duluth, Minn.…

    • 3287 Words
    • 14 Pages
    Powerful Essays