Target Corporation said net retail sales for the four weeks ended Aug. 28, 2010 were $5.02 billion, an increase of 3.4% from $4.85 billion for the four weeks ended Aug. 29, 2009. On this same basis, August comparable-store sales increased 1.8%.


“August sales were in line with expectations,” said Gregg Steinhafel, chairman, president and chief executive officer of Target Corporation. “We’re pleased with our strong performance in back-to-school and back-to-college categories, as well as our performance in apparel and food. Guest traffic trends remained healthy throughout the month.






























































































Sales Total Sales
Comparable Stores % Change
(millions) % Change
This Year
     
Last Year
August $ 5,023   3.4 1.8 (2.9 )
 
Year-to-date $ 35,307   4.5 2.2 (4.7 )