Target Corporation reported that its net retail sales for the four weeks ended Feb. 27, 2010 were $4.64 billion, an increase of 6.0% from $4.37 billion for the four weeks ended Feb. 28, 2009. On this same basis, February comparable-store sales increased 2.4%.


February comparable-store sales were modestly above our expectations, said Gregg Steinhafel, chairman, president and chief executive officer of Target Corporation. We continue to experience year-over-year increases in guest traffic in our stores, reflecting the relevance of our strategy and assortment in combination with a slowly recovering economic environment.”