Target to Open New Store in Virginia Beach, Va.

MINNEAPOLIS - May 9, 2012
Target Corporation (NYSE: TGT) is pleased to announce the opening of a new store in Virginia Beach in October 2012. The company plans to open 19 stores in 2012, including a Merrifield location which is also scheduled to open in October.
 
The new store, located at Virginia Beach Boulevard and Independence Boulevard, will offer guests the everyday essentials and exclusive brands they have come to expect from Target. In addition, it will include a selection of fresh produce, fresh packaged meat and pre-packaged baked goods to further enhance guests’ experience. The store will be approximately 135,000 square feet and employ approximately 200 team members.
 
“Target is excited to open its fourth store in Virginia Beach,” said Samir Shah, Target’s senior vice president of stores in the East region. “We are committed to being a good neighbor and developing long-lasting relationships with guests and the Virginia Beach community.”
 
Target will host job fairs approximately two months prior to the new store opening, at which prospective candidates may apply and interview for open team member positions. Candidates may also apply online at Target.com/careers or at in-store kiosks located at all Target stores in July.
 
Target creates strong partnerships with local organizations in all of the communities where the company does business through Target’s community giving programs. This store will start a local grant program, contribute to the United Way and donate food to a Feeding America member, or approved agency. Target also encourages team members to volunteer their time to serve the needs of their community.
 
About Target
Minneapolis-based Target Corporation (NYSE:TGT) serves guests at 1,764 stores across the United States and at Target.com. The company plans to open its first stores in Canada in 2013. In addition, the company operates a credit card segment that offers branded proprietary credit card products. Since 1946, Target has given 5 percent of its income through community grants and programs; today, that giving equals more than $3 million a week. For more information about Target’s commitment to corporate responsibility, visit Target.com/hereforgood.
 
For more information, visit Target.com/pressroom.

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