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Dayton's

From Wikipedia, the free encyclopedia

Dayton's
Type Department store
Founded 1902 Minneapolis, Minnesota
Headquarters Minneapolis, Minnesota
Industry Retail
Products Clothing, footwear, bedding, furniture, jewelry, beauty products, and housewares.
Website None
This article is about the defunct department retail chain. For the company of the same name that founded this chain, see Target Corporation.

Dayton's was a Minneapolis, Minnesota department store. It was among the leaders in shopping and fashion in the United States for nearly a century. Founded in 1902 by George Draper Dayton as Goodfellows and later named Dayton Dry Goods, the chain had grown to 19 stores by the time it changed its name to Marshall Field's, serving communities throughout the upper Midwest. Dayton's also served as the parent of Target Stores, opening the first Target in 1962 as the discount store version of Dayton's. Target quickly grew to become the majority of the company's business and Target Corporation finally divested their department stores in 2004 to focus on their core business.

Contents

[edit] Timeline

The Dayton Company logo as of 1918.
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The Dayton Company logo as of 1918.
  • 1902: George Dayton opens Goodfellows
  • 1903: Name changed to Dayton Dry Goods
  • 1910: Name changes once again, to Dayton Company
  • 1956: Dayton Company opens Southdale Center, the world's first fully-enclosed two-level shopping center
  • 1962: Dayton Company opens first Target store in Roseville, Minnesota
  • 1969: Dayton's merged with J. L. Hudson Company, a dominant Michigan retailer with 21 stores. The combined firm became known as the Dayton Hudson Corporation.
  • 1978: The company acquires Mervyn's and became the 7th largest retailer in the United States.
Outside Dayton's
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Outside Dayton's

[edit] Former Dayton's locations

City Shopping center Opening year Replaced
Minnesota
Minneapolis-St. Paul-Bloomington, MN-WI Metropolitan Statistical Area
Brooklyn Center Brookdale Center 1966
Burnsville Burnsville Center 1977
Edina Southdale Center 1956 1990
Edina Southdale Area Home Store (freestanding) 1978
Maplewood Maplewood Mall 1996
Minneapolis Nicollet Mall (Dayton's Flagship) 1902
Minnetonka Ridgedale Center 1974
Minnetonka Ridgedale Center Men's/Home 1995 in former Donaldson's
Roseville Rosedale Center 1969 1991
Roseville Rosedale Area Home Store (freestanding) 1976
St. Paul Minnesota World Trade Center (Downtown St. Paul) 1963
Rochester, MN Metropolitan Statistical Area
Rochester, Minnesota Apache Mall 1972
St. Cloud, MN Metropolitan Statistical Area
St. Cloud Crossroads Center 1976
North Dakota
Fargo, ND-MN Metropolitan Statistical Area
Fargo West Acres Shopping Center 1973
Grand Forks, ND-MN Metropolitan Statistical Area
Grand Forks Columbia Mall 1978
South Dakota
Sioux Falls, SD Metropolitan Statistical Area
Sioux Falls Empire Mall 1971
Wisconsin
Appleton, WI Metropolitan Statistical Area
Appleton Fox River Mall 1991
Eau Claire, WI Metropolitan Statistical Area
Eau Claire Oakwood Mall 1991
La Crosse, WI-MN Metropolitan Statistical Area
La Crosse Valley View Mall 1980

[edit] Of interest

Dayton's was the first department store to introduce the concept of a "mall" to the American shopper, building Southdale, the nation's first enclosed shopping center, in the late 1950s.

Target was introduced by Dayton's in 1962 as its discount store. Target remains and has grown into a large corporation that dominates upper-middle class discount retail.

Little known is that in Dayton's heyday, it competed on par with or perhaps even above, stores such as Saks Fifth Avenue and Neiman Marcus. Since changing its name to Marshall Fields the respected retailer has been marketed as a fashion forward, and exclusive shopping experience for upper to middle income families in the Midwest.

The corporation's merger with Federated Department Stores will see a close consolidation of retail brands and markets, and will reduce competition in many Midwestern areas, as well as other markets nationwide that May Company and Macy's share an overlap of stores in.

[edit] References

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