Target Corporation July Sales Up 8.8 Percent

ASAP fashion news archive - apparel industry news from before September 2005

This page is part of the ASAP fashion news archive on Apparel Search, which collected apparel, fashion and textile industry news from before September 2005. For current coverage, see the Apparel Search news page and the fashion blog.

From: ASAP

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Target Corporation (NYSE: TGT) reported that its net retail sales for the four weeks ended July 31, 2004 increased 8.8 percent to $3.593 billion from $3.303 billion for the four-week period ended August 2, 2003. On this same basis, comparable-store sales increased 3.8 percent from fiscal July 2003. Total sales from continuing operations (principally Target Stores) increased 9.7 percent to $3.211 billion, while comparable-store sales from continuing operations rose 4.1 percent from the same period a year ago. Discontinued operations include sales from 62 Marshall Field's stores and 266 Mervyn's stores.

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