Target Corporation reported that its net retail sales from continuing operations (principally Target Stores) for the four weeks ended January 29, 2005 increased 13.6% to $3.126 billion from $2.751 billion for the four-week period ended January 31, 2004. On this same basis, comparable-store sales increased 9.4% from fiscal January 2004.

“Our sales for the month of January were above plan,” said Bob Ulrich, chairman and chief executive officer of Target Corporation. 

                                         Total

                              Sales       Sales    Comparable Stores % Change

     Continuing Operations  (millions)  % Change    This Year      Last Year


     January                 $3,126        13.6        9.4            5.8


     Fourth Quarter         $14,876        11.1        5.4            6.1


     Year-to-date           $45,682        11.6        5.3            4.4