Target is cutting prices connected much than 2,000 products for nan vacation shopping season. The move marks nan continuation a caller inclination among unit and fast-food chains looking to entice budget-conscious consumers pinch worth meals and discounted items.
Minneapolis-based Target connected Tuesday said it would trim nan costs of Target-owned and nationalist brands, including nutrient and beverages, mundane basics for illustration cough medicine, toys and different vacation gifts.
The announcement comes aft Target in May trim prices connected astir 5,000 of its products, bringing nan full to much than 8,000 items discounted truthful acold this year. By nan extremity of nan vacation season, nan institution said it will person lowered prices connected much than 10,000 items during nan year.
In markets crossed nan state from Phoenix to Atlanta, astir of Target's astir 2,000 stores, its website Target.com and its app are featuring nan pursuing little prices, according to nan retailer:
Target touted its reductions conscionable days aft Aldi unveiled its lowest-price Thanksgiving spread in 5 years, besting an offer by its bigger rival, Walmart, by astir 2 bucks. The discount retailers echo nan messaging of fast-food chains offering $5 value meals.
Kate Gibson
Kate Gibson is simply a newsman for CBS MoneyWatch successful New York, wherever she covers business and user finance.