Founder of the Dayton's Department store, which became the modern-day Target corporation.
His Minnesota investment company took over a floundering dry-goods retail store, which he renamed and reopened as the more successful Dayton Dry Goods.
His company built Southdale, the first enclosed shopping mall, in Minneapolis and in 1962 opened a discount store that was branded as Target.
His family was residing in Clifton Springs, New York, when he was born.
He and Roland Hussey Macy, the founder of the Macy's department stores, both changed the shopping and consumption culture of America.