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Target co-founder Bruce Dayton dies
Bruce Dayton, the father of Minnesota's governor and a key figure, along with his four brothers, in building the massive retailing business that became Target Corp., has died. Dayton, 97 and the last of the brothers to die, also launched the B. Dalton bookstore chain in 1966, the Star Tribune reported. [Star Tribune]
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Target to debut smaller store format in Manhattan
Target Corp. is bringing its smaller-sized, urban format to one of lower Manhattan’s trendiest — and wealthiest — neighborhoods.
The retailer will open an approximately 45,000-sq.-ft. store on Greenwich Street in Tribeca, near Battery Park, a fast-growing and affluent residential area, and the Financial District.
The two-level store is scheduled to open in October 2016. It is located in a 14-story, 625,000-sq.-ft. mixed-use building, whose landlord is Jack Resnick & Sons.

