8-K

UNITED STATES

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) April 8, 2004

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

Item 5.        Other Events.

On April 8, Target Corporation (the "Corporation") issued a News Release relating to its March 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 2003 Form 10-K.

Item 7.        Financial Statements and Exhibits.

                (c)           Exhibits.

                                99.           News release dated April 8, 2004.

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
Date:  April 8, 2004	/s/ Douglas A. Scovanner
	Douglas A. Scovanner
	Executive Vice President and Chief
	Financial Officer

EXHIBIT INDEX

Exhibit	Description	Method of Filing
99.	News release dated April 8, 2004	Filed Electronically

2

EX-99

Exhibit 99

FOR IMMEDIATE RELEASE	Contact:	Susan Kahn (investor)
		(612) 761-6735
		Cathy Wright (financial media)
		(312) 781-2979

TARGET CORPORATION  MARCH  SALES

UP 13.2 PERCENT

                MINNEAPOLIS, April 8, 2004 — Target Corporation today reported that its net retail sales for the five weeks ended April 3, 2004 increased 13.2 percent to $4.402 billion from $3.889 billion for the five-week period ended April 5, 2003. Comparable-store sales increased 7.3 percent from fiscal March 2003.

“Sales for the corporation continued to be above plan in March,” said Bob Ulrich, chairman and chief executive officer of Target Corporation. “In light of our actual sales performance in February and March and our outlook for April, we expect to outperform the current First Call median EPS estimate of 45 cents in the first quarter.”

	Sales		Total Sales	Comparable Stores% Change
	(millions)		% Change	This Year	Last Year
March
Target	$	3,797	14.5	7.8	(1.3	)
Mervyn’s	303		1.3	0.8	(8.0	)
Marshall Field’s	244		8.6	9.9	(6.1	)
Other	58		16.4	na	na
Total	4,402		13.2	7.3	(2.3	)
Year-to-date
Target	$	6,671	14.5	7.9	(1.0	)
Mervyn’s	526		1.7	1.1	(8.5	)
Marshall Field’s	419		6.4	8.5	(4.3	)
Other	91		15.5	na	na
Total	7,707		13.1	7.4	(1.9	)

                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 1,577 stores in 47 states.  This included 1,249 Target stores, 266 Mervyn’s stores and 62 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 2003 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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