Douglas James Dayton (1924-2013) *88
The grave site of Douglas James Dayton / Plot 86209271. This memorial website was created in memory of Douglas James Dayton, 88, born on December 2, 1924 and passed away on July 5, 2013.
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Douglas James Dayton was an American businessman and philanthropist who helped establish Target Corporation and served as the company's first president.
Dayton served in the Army during World War II, earning a Purple Heart. After the war, he joined the family business, Dayton's department store. He held various positions in the company, and urged the company to take advantage of the emerging discount store market. In 1960, he became the first president of Dayton's new discount subsidiary, Target. He oversaw the company's expansion until 1969 when he became a vice president of Target's parent company after a merger. Dayton left the business in 1972, forming a venture capital firm in 1974. He retired in 1994, but remained active in charity work until his death in 2013.
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