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Press release from Business Wire

Target to Open New Store in King of Prussia, Pa.

<p class='bwalignc'> <i><b>Store to hire approximately 200-250 new team members</b></i> </p>

Monday, August 19, 2013

Target to Open New Store in King of Prussia, Pa.

09:00 EDT Monday, August 19, 2013

MINNEAPOLIS (Business Wire) -- Target is pleased to announce plans to open a new store in King of Prussia, Pa. in July 2014. The new store, located on West DeKalb Pike, will be part of the Valley Forge Shopping Center. This will be the first Target store in the city of King of Prussia.

The King of Prussia store will be approximately 165,000 square feet and will offer guests the everyday essentials and exclusive brands they have come to expect from Target. In addition, the store will include a selection of fresh produce, fresh packaged meat and pre-packaged baked goods, as well as a Starbucks, Target Optical and Target Pharmacy.

The King of Prussia location will employ approximately 200-250 team members. 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 in all Target stores approximately three months prior to the new store opening.

“Pennsylvania continues to be a strong market for Target, and we're eager to expand our presence in the state this year,” said Samir Shah, Target's senior vice president of stores, northeast. “We look forward to bringing our ‘Expect More. Pay Less.' brand promise and strong legacy of giving back to the community to King of Prussia residents.”

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 1,856 stores – 1,788 in the United States and 68 in Canada – and at Target.com. Since 1946, Target has given 5 percent of its profit through community grants and programs; today, that giving equals more than $4 million a week. For more information about Target's commitment to corporate responsibility, visit Target.com/corporateresponsibility.

For more information, visit Target.com/pressroom.

Target Corporation
Stefanie Mohr, Target Public Relations, 212-819-6468
or
Target Media Hotline, 612-696-3400

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