Target Corporation April Sales Up 11.8 Percent

Target Corporation April Sales Up 11.8 Percent 


MINNEAPOLIS, May 6  /PRNewswire-FirstCall/ -- Target Corporation today reported
that its net retail sales for the four weeks ended May 1, 2004 increased 11.8
percent to $3.542 billion from $3.168 billion for the four-week period ended
May 3, 2003. Comparable-store sales increased 4.9 percent from fiscal April
2003.

"Sales for Target Corporation were on plan for the month of April, reflecting
on-plan sales at Target Stores," said Bob Ulrich, chairman and chief executive
officer of Target Corporation.

                        Sales      Total Sales  Comparable Stores % Change
                     (millions)     % Change     This Year    Last Year

   March
   Target              $3,108         13.9          6.2          5.6
   Mervyn's               230         (6.1)        (6.6)        (4.6)
   Marshall Field's       165          0.5          0.6         (6.3)
   Other                   39         27.0           na           na
   Total                3,542         11.8          4.9          3.9

   Year-to-date
   Target              $9,779         14.3          7.3          1.1
   Mervyn's               756         (0.8)        (1.4)        (7.3)
   Marshall Field's       584          4.7          6.1         (4.9)
   Other                  130         18.7           na           na
   Total               11,249         12.7          6.6         (0.1)




Target Corporation operates large-store general merchandise formats, including
discount stores, moderate-priced promotional and traditional department stores,
as well as a direct mail and on-line business called target.direct. At
month-end, the company operated 1,577 stores in 47 states. This included 1,249
Target stores, 266 Mervyn's stores and 62 Marshall Field's stores.

Comments regarding the company's sales results are available in a pre-recorded
telephone message that may be accessed by calling 612-761-6500. Target
Corporation news releases are available at http://www.target.com/ or
http://www.prnewswire.com/ . 

DATASOURCE: Target Corporation



CONTACT:  investor, Susan Kahn, [phone], or financial media,

Cathy Wright, [phone], both of Target Corporation



Web site:  http://www.target.com/ 

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