Remembering Douglas Dayton, founder of Target

07/10/2013 | Star Tribune (Minneapolis-St. Paul, Minn.)

Douglas Dayton, who died Saturday, launched Target in 1962 as a discount-focused wing of his family's Twin Cities department store, and within a decade had built the chain into a billion-dollar enterprise that combined price and cachet. Dayton also started one of the earliest corporate-giving programs -- a reminder, he liked to say, that giving money away was better than earning it. "You bet your life it is," he said. "After all, we made our life off the community."

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Star Tribune (Minneapolis-St. Paul, Minn.)

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