Target Corporation reported net retail sales from continuing operations (principally Target Stores) for the four weeks ended October 30, 2004 increased 12.6% to $3.311 billion from $2.940 billion for the four-week period ended November 1, 2003. On this same basis, comparable-store sales increased 6.0 percent from fiscal October 2003.

“We are pleased with our sales for the month of October, which were at the upper end of our plan,” said Bob Ulrich, chairman and chief executive officer of Target Corporation. 

                                            Total
     Continuing              Sales          Sales   Comparable Stores % Change
      Operations           (millions)     % Change    This Year   Last Year
     October                 $3,311         12.6        6.0          4.5

     Third Quarter          $10,619         11.2        4.5          6.7

     Year-to-date           $30,805         11.9        5.2          3.5