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Target to Open Twenty-Seven New Stores

Upscale discounter opens first two locations in Hawaii
 
MINNEAPOLIS, March 3, 2009 – Target (NYSE:TGT) today announced the opening of 27 new stores including its first two locations in Hawaii. The new stores, which include 21 general merchandise Targets and six full-grocery SuperTargets, will hold a grand opening on Sunday, March 8.

General Merchandise Stores

The 21 new general merchandise stores feature a blend of everyday essentials including household products, electronics, clothing, an assortment of food and seasonal merchandise. These stores offer amenities such as a Starbucks®, Target CaféSM, Target PharmacySM and Target PhotoSM. They also feature new and improved design layouts such as larger fitting rooms and the Pharmacy positioned at the front of the store. Each general merchandise store employs 150-250 team members and is approximately 128,000 square feet in size. Cities receiving a general merchandise store include:

Rogers, Ark.

Santa Clarita, Calif.

Pensacola, Fla.

Bethlehem, Ga.

Honolulu, Hawaii

Kapolei, Hawaii

Council Bluffs, Iowa

Las Vegas, Nev.

Paramus, N.J.

Cincinnati, Ohio

Lebanon, Ohio

Reynoldsburg, Ohio

Broken Arrow, Okla.

Exton, Pa.

Philadelphia, Pa.

Memphis, Tenn.

Houston, Texas

San Antonio Texas

San Marcos, Texas

Midlothian, Va.

Sun Prairie, Wis.

SuperTarget Stores

The six new SuperTarget stores offer everything found in a general merchandise store, but also include amenities such as a full grocery selection, fresh produce, bakery and deli. Target also balances a wide range of national brands with its own Target brands like Sutton & Dodge™ Angus beef, Archer Farms™, Choxie™ and Market Pantry™. Each

SuperTarget store employs 200-300 team members and is approximately 186,000 square feet in size.

Cities receiving a SuperTarget include:

Kissimmee, Fla.

Canton, Ga.

Hillside, Ill.

Pflugerville, Texas

Allen, Texas

Lewisville, Texas

About Target

Target Corporation’s retail segment includes large general merchandise and food discount stores and Target.com, a fully integrated online business. In addition, the company operates a credit card segment that offers branded proprietary and Visa credit card products. As of Sunday, March 8, Minneapolis-based Target will serve guests at 1,699 stores in 49 states, 34 distribution centers and employs approximately 350,000 people worldwide.

Note: Target welcomes the media to its stores. To contact your local store about store events, merchandise and community programs please visit “Find a Store” at http://www.target.com/.

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Media Contacts

Members of the media are invited to call the Target Media Hotline at (612) 696-3400 or email press@target.com. The hotline is staffed between 8 a.m. and 5 p.m. Central Monday through Friday. Media may leave a message during other times. The hotline voicemail system is checked periodically.

We strive to return all calls within one business day.

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