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Barchart
Barchart
Ebube Jones

Target Is Cutting Prices on Thousands of Products Amid a ‘Value War.’ What This Means for TGT Stock.

Holiday shopping is approaching, but shoppers are in no mood to pay more. U.S. consumer confidence fell to 81.9 in September from 88.6 in August, its lowest reading since April 2014.

Target (TGT) is joining that push. The company announced lower prices on nearly 2,000 home, apparel, and accessory items. Some clothing now costs at least 20% less than it did a year ago.

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