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The company has expanded nationally and into Canada, and is now ranked No. 36 on the Fortune 500. The Dayton family has not been involved in its ownership or operations for a number of years. Most of the former Dayton's department stores in Minnesota are today operated by Macy's. Dayton left the company in 1974 and formed a venture capital firm. He retired in 1994 but remained active in a number of charitable and philanthropic groups. "He and his brothers shared a common vision for improvement to the community, and to give back what the community had given them," Wendy Dayton said Sunday. She said he focused his philanthropic efforts on expanding access to education and social justice, and to preservation of the arts and nature.
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