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

Minneapolis-based Dayton's was among the nation's leading department stores for nearly a century. Founded in 1902 by George Draper Dayton as Goodfellows (and later renamed Dayton Dry Goods), Dayton stores became synonymous with quality merchandise, superior service, fashion leadership, and community involvement. In 1969, the Detroit-based J.L. Hudson Company merged with the Dayton Corporation to form the Dayton-Hudson Corporation, adding 21 Michigan-based stores to the total. In 1990, the department store division of Dayton-Hudson (now Target Corporation) acquired Chicago-based Marshall Field's. Prior to changing its name to Marshall Field's in 2001, Dayton's stores numbered 19, serving communities throughout the upper Midwest.

Dayton's was 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. In 2000, Dayton-Hudson was renamed Target Corporation. In 2004, Target finally divested their department store division to focus on discount retailing.

Contents

The Dayton Company logo as of 1918.
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
Outside Dayton's

City Shopping center Existed Notes
Minneapolis, Minnesota Downtown (Nicollet Mall) 1902–2001
Rochester, Minnesota Downtown 1954–1972
Apache Mall 1972–2001
Edina, Minnesota Southdale Center 1956–(1990) Retained small portions of original store
1990–2001 Replacement store
Home Store (freestanding) 1978–2001
Saint Paul, Minnesota Downtown 1963–2001
Brooklyn Center, Minnesota Brookdale Center 1966–2001
Roseville, Minnesota Rosedale Center 1969–1991
1991–2001 Replacement store
Home Store (freestanding) 1976–2001
Fargo, North Dakota West Acres Shopping Center 1973–2001
Minnetonka, Minnesota Ridgedale Center 1974–2001 Womens' and Children's only 1995–2001
1995–2001 Mens' & Home store;
in renovated Donaldson's/Carson Pirie Scott store
St. Cloud, Minnesota Crossroads Center 1976–2001
Burnsville, Minnesota Burnsville Center 1977–2001
Sioux Falls, South Dakota Empire Mall 1978–2001
Grand Forks, North Dakota Columbia Mall 1978–2001
La Crosse, Wisconsin Valley View Mall 1980–2001
Bismarck, North Dakota Kirkwood Mall 1985–2001
Appleton, Wisconsin Fox River Mall 1991–2001
Eau Claire, Wisconsin Oakwood Mall 1991–2001
Maplewood, Minnesota Maplewood Mall 1996–2001 In renovated Powers/Donaldson's/Carson Pirie Scott store

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. After changing its name to Marshall Field's, the respected retailer has been marketed as a fashion-forward, 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 the May Company and Macy's share an overlap of stores in.

History of Marshall Field & Company

Associated Companies:  BATUS | Target Corporation | May Department Stores | Federated Department Stores
Associated Stores:  Frederick & Nelson | The Crescent | Ivey's     Store Conversions:  Dayton's | Hudson's
Related Topics:  Marshall Field | Marshall Field's Wholesale Store | Frango | Macy's North
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