Target Corporation reported that its net retail sales for the four weeks ended Jan. 28, were $4,608 million, an increase of 5.1 percent from $4.38 billion for the four weeks ended Jan. 29, 2011. On this same basis, January comparable-store sales increased 4.3 percent.


“January sales were near the high end of our expected low to mid single-digit range, reflecting strong performance in both discretionary and non-discretionary categories,” said Gregg Steinhafel, chairman, president and chief executive officer of Target Corporation. “Sales trends were healthy throughout the month and across the country. These results reflect our commitment to delivering a superior experience and providing compelling everyday value on a unique assortment designed to satisfy our guests’ wants and needs.”



























































Sales Total Sales Comparable Stores % Change

(millions)
% Change
This Year
Last Year
January $4,608 5.1 4.3
1.7
Quarter-to-date $20,937 3.3 2.2 2.4
Year-to-date $68,466 4.1 3.0 2.1





Minneapolis-based Target Corporation operates 1,763 stores across the United States and at Target.com. In 2013, the company plans to open its first stores in Canada.