8-K

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) September 5, 2002

Target Corporation (Exact name of registrant as specified in its charter)
Minnesota	1-6049	41-0215170
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
1000 Nicollet Mall Minneapolis, Minnesota		55403
(Address of principal executive offices)		(Zip Code)

Registrant's telephone number, including area code
(612) 304-6073

FORM 8-K

Item 5. Other Events

        On September 5, 2002, Target Corporation (the "Corporation") issued a News Release relating to its August sales results. The News Release is attached hereto as Exhibit 99. Comments regarding the Corporation's sales results are provided periodically throughout the year on a recorded telephone message. The message may be accessed by dialing (612) 761-6500. Forward-looking statements in this release or on such recorded telephone messages should be considered in conjunction with the cautionary statements in Exhibit (99)C to the Corporation's 2001 Form 10-K.

SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	TARGET CORPORATION
Dated: September 5, 2002	By	/s/ Douglas A. Scovanner Douglas A. Scovanner Executive Vice President and Chief Financial Officer

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FORM 8-K
SIGNATURES

EX-99

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FOR IMMEDIATE RELEASE	Contact:	Susan Kahn (investor) (612) 761-6735
		Cathy Wright (financial media) (612) 761-6627

TARGET CORPORATION AUGUST SALES
UP 7.5 PERCENT

            MINNEAPOLIS, September 5, 2002 -- Target Corporation today reported that its net retail sales for the four weeks ended August 31, 2002 increased 7.5 percent to $3.231 billion from $3.005 billion for the four-week period ended September 1, 2001. Comparable-store sales decreased 0.1 percent from fiscal August 2001.

"Sales for the corporation were below plan for the month of August," said Bob Ulrich, chairman and chief executive officer of Target Corporation. "Our outlook for the third quarter remains unchanged from the guidance we provided three weeks ago. Specifically, we indicated that the median First Call estimate of 31 cents for the third quarter was achievable, given reasonable sales performance, but could be at risk by a penny or two if sales remained weaker than expected."

	Sales (millions)	Total Sales % Change	Comparable Stores %Change
August
Target	$2,689	9.6	0.5
Mervyn's	318	(2.8)	(2.5)
Marshall Field's	180	(3.5)	(3.5)
Other	44	15.4	na
Total	3,231	7.5	(0.1)
Year-to-date
Target	$18,834	15.0	4.8
Mervyn's	1,982	(3.4)	(3.2)
Marshall Field's	1,326	(2.5)	(2.5)
Other	215	7.3	na
Total	22,357	11.9	3.5

        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 1,435 stores in 47 states. This included 1,107 Target stores, 264 Mervyn's stores and 64 Marshall Field's stores.

        Forward-looking statements in this release should be read in conjunction with the cautionary statements in Exhibit (99)C to the company's 2001 Form 10-K.

        Comments regarding the company's sales results are available in a pre-recorded telephone message that may be accessed by calling 612-761-6500. Target Corporation news releases are available at www.target.com or www.prnewswire.com.

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TARGET CORPORATION AUGUST SALES UP 7.5 PERCENT