Within a five-month span in 1962, the modern discount store industry was born. In March, S.S. Kresge Co. opened the first Kmart store in Garden City, Michigan. In May, the first Target store was opened in Roseville, Minnesota by the Dayton Company, an old-line Minneapolis department store firm. In June, F.W. Woolworth Co. opened the first of its Woolco discount department stores in
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