Financial News Release

Target Corporation March Sales up 16.8 Percent

MINNEAPOLIS--(BUSINESS WIRE)--April 11, 2007--Target Corporation (NYSE:TGT) today reported that its net retail sales for the five weeks ended April 7, 2007 increased 16.8 percent to $5.592 billion from $4.789 billion for the five-week period ended April 1, 2006. On this same basis, comparable-store sales increased 12.0 percent.

"Our March comparable store sales growth, which reflected the benefit of this year's earlier Easter holiday, was in line with our expectations," said Bob Ulrich, chairman and chief executive officer of Target Corporation. "For the combined March/April period, we continue to expect that Target's comparable store sales will increase in the range of 4 to 6 percent."

                       Sales    Total Sales Comparable Stores % Change
                     (millions)  % Change     This Year    Last Year
                     ---------- ----------- ------------- ------------
March                   $5,592        16.8          12.0          2.2

Year-to-date            $9,720        14.1           9.2          2.8

As a reminder, our current sales disclosure practice includes a sales recording on the day of our monthly sales release and one mid-month sales update. Consistent with this practice, a new message was recorded earlier today. Our next sales recording is expected to be issued after the market closes on Monday, April 23, 2007. These recordings may be accessed by calling 612-761-6500.

Target Corporation's operations include large, general merchandise discount stores and a fully integrated on-line business through which we offer a fun and convenient shopping experience with thousands of highly differentiated and affordably priced items. The company currently operates 1,502 Target stores in 47 states. Target Corporation news releases are available at

CONTACT: Target Corporation
Susan Kahn, 612-761-6735

SOURCE: Target Corporation