Annually, Target's total debt increases. As shown here:
Total Debt 10,037.00 (2008) 9,872.00 (2007) 9,538.00 (2006) 11,018.00 (2005) 11,161.00 (2004) 8,993.00 (2003)

Why is that?

Everything is good about Target financially-wise, however, why does a retail company like Target have debts?

If I was taught corrently, Target is a retail company, thus it does not produce products. So, it should not have debt like Wal-Mart.

Why does it have debt? Is there some excessive of something Target is buying secretly?
oops i meant 2007 and counting down from there