Target began as Goodfellow Dry Goods in Minneapolis in 1902, founded by George Dayton. The first Target discount store opened in 1962 in nearby Roseville. The company became Dayton Corporation in 1967 and Dayton-Hudson Corporation in 1969 after merging with J.L. Hudson Company. The name changed to Target Corporation in 2000. Target now operates as a large-format general merchandise retailer in the United States, balancing affordability with trendy products. The company sells various items, including apparel, home goods, electronics, and groceries. Target's owned brands generate a significant portion of sales.
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