[prior-sept-05/ Fashion News ASAP - Keep up to date with trendy Apparel Industry News ]

Target Corporation July Sales Up 10.9 Percent

From: ASAP

Comments

Target Corporation (NYSE: TGT) today reported that its net retail sales for the four weeks ended August 2, 2003 increased 10.9 percent to $3.303 billion from $2.979 billion for the four-week period ended August 3, 2002. Comparable-store sales increased 3.1 percent from fiscal July 2002.

"Sales at Target Corporation were on plan in July, driven by slightly- above-plan sales at Target Stores," said Bob Ulrich, chairman and chief executive officer of Target Corporation.

Target Corporation operates large-store general merchandise formats, including discount stores, moderate-priced promotional and traditional department stores, as well as a direct mail and on-line business called target.direct. At month-end, the company operated 1,519 stores in 47 states. This included 1,191 Target stores, 266 Mervyn's stores and 62 Marshall Field's stores.

ASAP Fashion News Fast - Fashion news for the apparel industry and consumers to learn more about the clothing business.

Apparel Search  ASAP News

[borders/disc4aftr.htm]