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International Business Times

Business

Luke Funk

Target Claims This Big Change Will Favor Consumers Holiday Shopping Season

Customers shop at a Target store on May 20, 2024 in Miami, Florida. Target announced plans to cut prices on thousands of consumer basics as inflation cuts into household budgets. (Credit: Joe Raedle/Getty Images)

Target Corporation (NYSE: TGT) says it will reduce regular prices on more than 2,000 items this holiday season, bringing the number of items that have seen price reductions this year to more than 10,000 items this year.

It says products that are getting cut ahead of the holidays include food and beverages, holiday gifts and items to prep the home for the holidays.

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