This excerpt taken from the TGT 10-K filed Apr 10, 2006.
(a) Principally contributions from new stores.
Comparable-store sales growth in 2005 and 2004 was attributable to growth in both average transaction amount and the number of transactions in comparable stores. In 2006, we expect to generate a low-double-digit percentage increase in revenues, reflecting contribution from new store expansion, continued growth in comparable-store sales due to increases in average transaction amount and the number of transactions in comparable-stores and growth in net credit card revenues. In 2005, there was essentially no impact of inflation / deflation on sales growth, compared to a deflationary impact of approximately 1 percent in 2004 and 4 percent in 2003. We do not expect inflation / deflation to have a significant effect on sales growth in 2006.