MINNEAPOLIS, Jan. 5 /PRNewswire-FirstCall/ -- Target Corporation (NYSE: TGT) today reported that its net retail sales from continuing operations (principally Target Stores) for the five weeks ended December 31, 2005 increased 11.6 percent to $8.420 billion from $7.548 billion for the five-week period ended January 1, 2005. On this same basis, comparable-store sales increased 4.7 percent from fiscal December 2004.

"Target's comparable store sales for the month of December increased in line with our plan of 4 to 5 percent," said Bob Ulrich, chairman and chief executive officer of Target Corporation. "We are pleased with our performance during this year's holiday season and remain comfortable with our outlook for the year overall."

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

    December                $8,420       11.6            4.7          5.1

    Year-to-Date           $47,705       12.1            5.6          5.0

Target Corporation operates Target Stores, a chain of large, general merchandise discount stores consisting of 1,400 locations in 47 states, as well as an on-line business called Target.com. Forward-looking statements in this release should be read in conjunction with the cautionary statements in Exhibit (99)C to the company's Third Quarter 2005 Form 10-Q. 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 .

SOURCE Target Corporation
01/05/2006

CONTACT: investor, Susan Kahn, 1-612-761-6735, or financial media, Cathy Wright, 1-847-615-1538, both of Target Corporation

3655 01/05/2006 08:25 EST http://www.prnewswire.com