Target Corp reported that its net retail sales for the five weeks ended
July 7, 2007 increased 7.6% to $5,479 million from $5,093 million for
the five-week period ended July 1, 2006. On this same basis,
comparable-store sales increased 3.3%. In the prior  year, comps
grew 4.8%.

“Consistent with our June mid-month sales update, our comparable store
sales were near the lower end of our planned range of 3 to 5 percent,”
said Bob Ulrich, chairman and chief executive officer of Target
Corporation.
                                    
 
In the year-to-date period, sales rose 8.95 to $23.4 billion. Same-store sales grew 4.3% on top of a 5.2% gain last year.