Long before the doors open, Target embraces the Hawaiian culture by taking part in a native Hawaiian ceremony to bless the land in which the new stores will stand.
The store environment and merchandise assortment caters specifically to Hawaiian guests and includes specially printed red Hawaiian shirts and surfboards. Just in time for spring, Target launches a new, limited-time partnership with British fashion house Liberty of London, marking the first time a Target collection spans categories ranging from home and garden to fashion for the entire family.
Building upon a century's worth of rich heritage and innovation, the partnership allows guests to experience Liberty of London's iconic prints and fashion at affordable prices. We're on track to reach that number thanks to innovative education programs and partnerships, including our Target School Library Makeovers, book donations and other reading events around the world. In , Target acquired Zellers sites across Canada, and we're planning to renovate between of them to become Target stores in the future.
As we prepare to open the new stores, our list of stores is always growing, so check back often to get the latest scoop on our plans. Since construction can be affected by many things, including the weather, dates of store openings are subject to change. Target unveils a partnership with legendary Italian fashion house Missoni during New York Fashion Week and offers a preview sale at a limited-time pop-up store. Some visitors get to meet Little Marina, a Missoni-obsessed fashion blogger who just happens to be a foot doll.
The larger-than-life puppet, operated by four puppeteers, travels the country, blogging and tweeting via a king-size smartphone. When the in-demand collection is released in stores and online on Sept.
Target partners with legendary department store Neiman Marcus to create an unprecedented, limited-edition holiday collection. Target continues to innovate in mobile and online shopping, allowing our guests to shop wherever, whenever and however they like.
Highlights include our Webby Award-winning mobile app, which lets guests navigate a Target store, refill prescriptions, browse the Weekly Ad and more. During the holidays, guests use the app's QR code scanner to scan top-selling toys' codes in store, buy the product on their phone and have it shipped for free—even if the toy is sold out.
Target also mixes movie-watching and shopping in "Falling for You," a star-studded short film guests can watch while adding the items from the film to their Target. Since , the corporation has given 5 percent of its profit to our communities to fight hunger, aid disaster preparedness and relief efforts, support the arts and put more kids on the path to graduation.
CityTarget stores offer commuters, tourists and urban dwellers the same one-stop shopping convenience of a typical Target store but in a smaller format that's tailored to an urban neighborhood. Plus, guests will find an assortment that's the right size for city-dwellers so no worries about lugging jumbo-packs of paper towels on the bus and, in typical Target fashion, innovative store features like a digital wall and redesigned navigational signs to help to our multilingual guests find what they need quickly.
Target celebrates 50 years since its first store opened in and years since the Dayton's Dry Goods Company—now Target Corporation—was created. In March, we welcome Canadian guests into our first stores north of the border, the culmination of an unprecedented international expansion.
Another milestone: with the opening of stores across Canada throughout the year, we mark our largest ever single-year of store openings—even more than our entire first decade of business! Our entry into Canada is achieved by thousands of team members collaborating around the world.
This limited-time-only collection, available just in Canada, allows us the opportunity to introduce ourselves—and our celebrated design collaborations—to our new guests.
We open three new CityTarget locations—in Los Angeles, Portland and San Francisco—continuing to bring a big box shopping experience to the urban core, and making it easier for city dwellers to get the everyday essentials they need quickly and conveniently.
These companies give our guests more of what they want—additional product, content and choices—in categories that are most important to them. Target introduces Cartwheel, a first-of-its-kind digital coupon app developed in partnership with Facebook.
Cartwheel allows guests to save on hundreds of items throughout our stores. We have a new team at the Target Technology Innovation Center: San Francisco, and they are helping us stay ahead of the curve and be better connected to existing Silicon Valley partners and new technology startups.
To continue offering guests more healthy grocery options, we formulate a new owned brand food collection, Simply Balanced, free of artificial flavors, colors, preservatives and common food additive ingredients. A number of the products are organic, and the vast majority is made without GMO ingredients. For Simply Balanced products that are not certified organic, we are in the process of removing GMO ingredients. In July, we join the Bipartisan Policy Center and other North American retailers in announcing the Alliance for Bangladesh Worker Safety and the launch of the Bangladesh Worker Safety Initiative, a binding agreement focused on elevating safety conditions for garment workers across Bangladesh through measurable, sustainable actions.
The alliance has already achieved major milestones in the areas of safety standards, training curriculum and empowering worker voices. Douglas J. Dayton, the first president of Target Stores, passes away on July 5. Along with his brothers and cousin, Doug was instrumental in helping to guide the strategic direction of Dayton Hudson Corporation for many years and institutionalize the values that are at the heart of Target Corporation today.
Throughout his life, Doug was also known for his passion for volunteerism. Shopping for baby-care products becomes easier for guests with the launch of Target Subscriptions, a program that lets guests order nearly baby-related products like diapers and formula on a recurring schedule. The program is so well received that Target Subscriptions expands to include nearly 4, convenience items like paper towels, coffee K Cups, health, pet, and home office products.
We introduce the Target Sustainable Product Standard, developed over the last two years in partnership with industry experts, vendors and NGOs, to help establish a common language, definition and process for qualifying what makes a product more sustainable. Target launches a Store Pickup program, where guests can choose from more than 40, items across a range of merchandise categories, order them online and pick them up at a nearby Target store in as little as a few hours.
We also test a Ship from Store option, allowing guests to order online for same day or next day rush delivery, or faster standard delivery. Back in , we set a goal for our team: to track , collective service hours annually by the end of In , our dedicated volunteers not only reach the milestone, they exceed it two years ahead of schedule, tracking more than 1 million total hours in their communities.
In mid-December , Target learns that criminals forced their way into our system, gaining access to guest credit and debit card information. As the investigation continues, it is determined that certain guest information was also taken. Target partners with a leading third-party forensics firm to thoroughly investigate the breach. In , Target will enable all REDcards with chip-and-PIN technology and begin accepting payments from all chip-enabled cards in its stores.
Sponsors in motorsports come and go, but Target and Chip Ganassi Racing TCGR have been together for 25 consecutive seasons, one of the longest current partnerships in racing history. Thanks to a team-centric philosophy and a drive for continuous innovation, TCGR has crossed many finish lines together over the years, resulting in more than wins and making Target one of the most recognizable brands of victory lane.
In March, Target introduces Made to Matter — a first-of-its-kind partnership and collection from leading natural, organic and sustainable brands. The new Made to Matter collection features more than new and exclusive products from a crew of trusted companies, taking the guesswork out of buying better-for-you products.
New payment terminals are now in all 1, U. Steinhafel steps down from his positions as Chairman of the Target board of directors, president and CEO. Roxanne S. The board notes their gratitude to Steinhafel for his significant contributions and outstanding service throughout his notable year career with the company.
His passion for the team and relentless focus on the guest established Target as a leader in the retail industry. The first TargetExpress, our newest small-format store, opens its doors to guests in July in the Dinkytown neighborhood of Minneapolis. Paul, Minn. These stores will offer everyday essentials and unexpected must-haves as part of an assortment tailored to each neighborhood. In August, Target joins several other national companies to sign on to an amicus brief in support of marriage equality, currently pending in the Seventh Circuit.
This brief evaluates the issues created by states that both prohibit same-sex marriage and also refuse to recognize marriages that were conducted legally in other states. This position is particularly challenging for a large organization that operates nationally, as we do.
At Target, we have long offered comprehensive, competitive benefits to our LGBT team members and their families, often above what is legally required. We continue to do so today because we believe doing so is right for our team and for our business. But current laws—in places like Wisconsin and Indiana that are addressed in this brief—make it difficult to attract and retain talent.
We believe that everyone—all of our team members and our guests—deserve to be treated equally. Cornell most recently served as the chief executive officer of PepsiCo Americas Foods. We celebrate the 15th anniversary of Target House at St. Through St. Jude for treatment, travel, housing or food. Target and TOMS team up on a limited-edition collection for the holidays.
The number of books 1. But beyond the numbers, what stands out the most is the positive impact on communities rallying together to create change, support one another and transform outdated spaces into state-of-the-art learning centers with complete technology updates. The Target Style campaign launches in February, featuring a series of super-stylish TV spots that run throughout the year, including during big pop culture events like the Saturday Night Live 40th Anniversary Special.
This year, we welcome new leaders to the team and congratulate others on new roles. In June, global technology and innovation leader Mike McNamara takes over the role of chief information officer. In September, seasoned retail business leader Cathy Smith joins Target as our new chief financial officer. Her predecessor, John Mulligan, is named to the newly created role of chief operating officer, and assumes oversight of stores, supply chain and properties.
In December, Casey Carl steps into the newly created role of chief strategy and innovation officer. Our teams explore new ways to give guests a peek at what the future of retail and the shopping experience could be, as imagined by Target. In March, we unveil Target Too, an exhibit featuring playful, interactive and shoppable installations made of Target products.
Here, Target showcases cutting-edge home technology and visitors can see how more than 30 connected home products work together within the Internet of Things. Part toy store and part larger-than-life holiday playground, Target Wonderland merges the physical and digital retail experience to reimagine holiday shopping for its guests. Our guests love products with a great backstory, so in March, we introduce Target Collective, a collection of brands with impeccably crafted, locally produced goods.
In June, three new brands join the mix—Stone and Cloth, Parks Project and Shwood—with more clothing, bags and eyewear for men and women. Our action-packed, stop-motion Avengers: Age of Ultron TV spots send toy heroes on an adventure through the Target store and parking lot. We team up with the Charles M. Schulz Museum on an exclusive cross-category collection to celebrate The Peanuts Movie.
The piece collection features style and home products from apparel to patio furniture. When the big day arrives, guests go wild for the colorful prints.
Our teams continue to test new ideas and technology that will help us take the shopping experience to a new level. Later, we introduce a project called LA25, with plans to test some of our top enhancements in 25 of our Los Angeles-area stores to study the power they have on guest experience and sales.
The new management of Dayton Company undertook radical and costly innovations. In the J. Hudson Company, which would eventually merge with Dayton's, opened the world's largest shopping mall in suburban Detroit. It was a great success, and two years later Dayton Company decided to build a mall on a acre plot of land outside of Minneapolis.
Horrified to learn that Minneapolis had only good shopping days a year, the architect decided to build a mall under cover; Southdale, the first fully enclosed shopping mall in history, was the result, with Dayton's as one of its anchor stores.
The safe, conservative management style favored by George Draper Dayton and his son Nelson passed into history; a younger, more aggressive management pushed for radical expansion and innovation would follow in its wake. The company established the discount chain Target in , opening the first unit in Roseville, Minnesota, and in decided to enter the highly competitive market of retail bookselling, opening B.
Dalton Bookstores. In the company changed its name to Dayton Corporation and made its first public stock offering. Hudson to form Dayton Jewelers. Also in the company acquired department stores in Oregon and Arizona.
The following year brought the acquisition of J. Caldwell, a Philadelphia-based chain of jewelry stores, and Lechmere, a Boston retailer. The year also saw a major acquisition: the Detroit-based J. Hudson Company, a department store chain that had been in existence since Since , 5 percent of Dayton Company's taxable income was donated to the foundation, which continued to be the case after the merger.
Dayton Hudson bought two more jewelers in C. Peacock, Inc. Jessop and Sons of San Diego. California-based Mervyn's, a line of moderate-price department stores, merged with Dayton Hudson in Also in the Target chain become Dayton Hudson's largest producer of revenue, eclipsing the department stores upon which the firm was founded. Dayton Hudson bought Ayr-Way, an Indianapolis-based chain of 50 discount stores, in , and converted those units to Target stores. In , meantime, the operations of the company's two full-service department stores were combined into a new unit called the Dayton Hudson Department Store Company, though the Dayton's and Hudson's units themselves retained their separate identities.
The late s found the company the focus of an unsolicited takeover bid by the Dart Group , which would involve lawsuits by both parties before a stock market crash in October ended the takeover attempt. A second attempt at takeover of the company would be made nine years later, when rival J.
Penney Company, Inc. The offer, which analysts considered an undervaluation of the company's worth, was rebuffed. Venerable Marshall Field's was as much a landmark in the Chicago area as Dayton's was in Minneapolis and the Hudson's stores were in Detroit; the acquisition added 24 department stores to Dayton Hudson's Department Store division while also doubling its department store retail space. While the Dayton's, Hudson's, and Marshall Field's department stores offered the monied customer more costly and sophisticated merchandise, the popular Target and Mervyn's catered to the budget-conscious customer, offering apparel and recreational items on a self-service basis.
With the approach of the 21st century, Target continued to be Dayton Hudson Corporation's biggest moneymaker, combining a successful business mix of clean, easy-to-navigate stores with quality, trend-responsive merchandise.
The year saw the opening of the first of over 50 expanded Target Greatland stores; in , following the lead of such rivals as Wal-Mart and Kmart, the company opened its first SuperTarget, which combined the chain's successful general merchandise mix with a grocery store.
Along with expanding its traditional department stores along the East Coast, six new SuperTargets were planned for alone. Today, it is one of the most popular retailers in the country.
Keep reading to find out more about Target's history and how it came to be the powerhouse retailer it is today. The store quickly became known for its great merchandise and great business. Throughout the first half of the century, the company built a name for itself. The Southdale shopping mall was the first enclosed shopping center in the country, and Dayton's was at the forefront.
Over the next 20 years, the company would expand to three more malls within the Minneapolis area. Dayton president Douglas J. Dayton said the new stores would "combine the best of the fashion world with the best of the discount world, a quality store with quality merchandise at discount prices, and a discount supermarket Widdess said.
At the time, Target described itself as "a store you can be proud to shop in, a store you can have confidence in, a store that is fun to shop and exciting to visit. At the tail end of the '60s, Target was making a transition from a regional retailer to a national one. By the s, however, the Dayton Company was looking to experiment with a discount chain.
Visit Business Insider's homepage for more stories. Businessman George Dayton first dipped into the department store business in , when he became a partner in Minneapolis' Goodfellow's Dry Goods Company, according to Target's website. By , he bought up the entire business and renamed it the Dayton Dry Goods Company. Eight years later, the company was re-dubbed the Dayton Company.
The department store business thrived in the Roaring Twenties and also endured the Great Depression, although its founder and namesake did pass away in at the age of Dayton's son George N. Dayton took the helm of the company that his father founded, followed by his son Donald 12 years later. The Dayton Company began looking further than the city of Minneapolis in , according to Target's website. That's the year that the first Dayton's location opened up in Rochester, a Minnesota city about an hour and a half away from Minneapolis.
That march to the suburbs continued throughout the s, as the company that would ultimately become Target expanded into shopping malls in the region around Minneapolis. The s brought about the biggest changes yet for the retailer.
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