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In September 2020, RetailMeNot was in early talks with potential buyers, with a target price of between $500 and $600 million. On September 29, 2020, J2 Global, Inc.—a leading internet information services company—announced it entered into a purchase agreement to acquire RetailMeNot from Vericast for approximately $420 million.
The company is one of the largest American-owned private employers in the United States. The corporation was founded in Minneapolis by businessman George Dayton in 1902, and developed through the years via expansion and acquisitions. Target, the company's first discount store and eventual namesake, was opened in 1962.
In January 1997, the company secured the participation of its regional direct mail companies to expand the program's reach to 17 million additional households. The company began targeting its photo distribution in April 1998 to leverage the NCMEC's and the FBI's intelligence, when possible, on the likely whereabouts of a missing child.
While the company has been flying under the radar, its shares have not; RetailMeNot is up over 50% since its IPO and reached a new all-time high RetailMeNot Is Just Getting Started Skip to main ...
Target's same store sales dropped 3.7% year over year in Q1, compared to a 3.8% gain for Walmart. While Target's earnings fell 1% in the quarter, Walmart's popped 22%.
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The history of Target Corporation first began in 1902 by George Dayton. The company was originally named Goodfellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the Dayton ...
Beat Wall Street earnings estimates for the second straight quarter after three straight misses. Second-quarter earnings per share are seen in a range of $1.30 to $1.70 vs. $1.96 estimate. Full ...