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) October 6, 2005

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)	(I.R.S. Employer Identification No.)

1000 Nicollet Mall, Minneapolis, Minnesota 55403

(Address of principal executive offices, including zip code)

(612) 304-6073

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01Results of Operations and Financial Condition

On October 6, 2005, Target Corporation issued a News Release relating to its September sales results.  The News Release is attached hereto as Exhibit 99.  Forward-looking statements in this release should be considered in conjunction with the cautionary statements in Exhibit (99)C to Target Corporation’s Second Quarter 2005 Form 10-Q.

Item 9.01Financial Statements and Exhibits

(c)Exhibits

(99)Target Corporation’s News Release dated October 6, 2005, relating to its September sales results.

SIGNATURE

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 thereunto duly authorized.

		TARGET CORPORATION
Date:	October 6, 2005	/s/ Michael J. Wahlig
		Michael J. Wahlig
		Vice President, Law

EXHIBIT INDEX

		Method
Exhibit	Description	of Filing
(99).	Target Corporation’s News Release dated October 6, 2005, relating to its September sales Results.	Filed Electronically.

2

EX-99

Exhibit 99

FOR IMMEDIATE RELEASE	Contact:	Susan Kahn (investor)
		(612) 761-6735
		Cathy Wright (financial media)
		(847) 615-1538

TARGET CORPORATION SEPTEMBER SALES FROM CONTINUING OPERATIONS

UP 11.4 PERCENT

MINNEAPOLIS, October 6, 2005 — Target Corporation today reported that its net retail sales from continuing operations (principally Target Stores) for the five weeks ended October 1, 2005 increased 11.4 percent to $4.306 billion from $3.866 billion for the five-week period ended October 2, 2004. On this same basis, comparable-store sales increased 5.6 percent from fiscal September 2004.

The sales plan for the month was a comparable-store increase in the range of 4 to 6 percent.

“Our same-store sales growth in September was in line with our planned range for the month,” said Bob Ulrich, chairman and chief executive officer of Target Corporation. “Importantly, we have continued to enjoy robust gross margin rate performance in the third quarter to-date similar to our strong first half trends. This exceptional third quarter momentum, combined with our outlook for more modest earnings growth in the fourth quarter, reinforces our confidence in our ability to deliver $1.50, or more, in diluted earnings per share in this year’s second half.”

			Total Sales	Comparable Stores % Change
Continuing Operations	Sales		% Change	This Year	Last Year
	(millions)
September	$	4,306	11.4	5.6	5.6
Year-to-Date	$	31,007	12.8	6.3	5.1

Forward-looking statements in this release should be read in conjunction with the cautionary statements in Exhibit (99)C to the company’s Second Quarter 2005 Form 10-Q.

Target Corporation operates Target Stores, a chain of large, general merchandise discount stores consisting of 1,400 locations in 47 states, as well as an on-line business called Target.com.

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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