Twin Cities, one in St. Cloud, one in Rochester, three in North Dakota, one in South Dakota, and three in Wisconsin. Sale and final name change After rumors dating back to 1995 that May Department Stores was interested in Dayton's, in 2004, Target Corporation announced the sale of the Marshall Field's department store group, including the 62 stores serving communities in Illinois, Indiana, Michigan, Minnesota, North Dakota, Ohio, South Dakota and Wisconsin, to May Department Stores]. Target sold off its Mervyn's stores in a $1.65 billion deal to a private investment fund in 2004. (Mervyn's went bankrupt in 2008). In February 2005, May Department Stores merged with Federated Department Stores, owner of Macy's, in an $11 billion deal. Later that year, in September, Marshall Field's stores were announced to be taking the Macy's name, ending the run of Marshall Field's – and the then-still freshly renamed Dayton's and Hudson's – as unique, upscale Midwestern department-store brands. In 2017, Macy's announced that the Dayton's downtown Minneapolis flagship store, rebranded as Marshall Field's in 2001, and Macy's in 2006, would close, ending an era. Its final day of business was March 19, 2017, closing the book on more than a century of retail at that location. The building was purchased for $40 million by 601W Cos., an investment firm with a history of remodeling and reselling refurbished skyscrapers. In an innovative redevelopment of the property, with a nod to the past, it has been converted into "The Dayton's Project", a mixed-use retail, office space, and entertainment complex with some of the original Dayton's elements restored, while being redesigned for the 21st century. Dayton's locations References External links Dayton's in MNopedia, the Minnesota Encyclopedia Further reading Atwater, Isaac (1893). History of the City of Minneapolis, Minnesota. Munsell. Leebrick, Kristal. Dayton's: A Twin Cities Institution (The History Press, 2013). excerpt Rowley, Laura (2003). On Target. John Wiley and Sons. Retail companies established in 1902 Retail companies disestablished in 2001 Defunct department stores based in Minnesota History of Minneapolis Marshall Field's Stores converted to Marshall Fields Target Corporation 1902 establishments in Minnesota 2001 disestablishments in Minnesota