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Target Ends Price Matching for Amazon and Walmart on July 28

The retailer attributes the move to widespread internal price-match demand, seeking to streamline pricing processes.

Shoppers look for bargains at a Target store in Chicago on November 26, 2024, ahead of the Black Friday shopping day. (Photo by KAMIL KRZACZYNSKI / AFP) (Photo by KAMIL KRZACZYNSKI/AFP via Getty Images)
A Target store is seen on November 20, 2024 in Austin, Texas.
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Overview

  • Starting July 28, Target will no longer match prices against Amazon or Walmart and will limit its Price Match Guarantee to purchases at Target stores or Target.com within 14 days of purchase.
  • The policy launched in 2013 to counter online rivals allowed customers to request rebates if they found identical items cheaper at Amazon, Walmart or Target.
  • A Target spokesperson said guests overwhelmingly sought price matches within Target’s own channels rather than at competing retailers.
  • The decision follows flat revenue since 2021, a roughly 60% decline in Target’s share price and CEO Brian Cornell’s warning about potential tariff-driven cost increases.
  • With Walmart ending its price-match guarantee in 2019 and Amazon never offering one, Target’s change brings it in line with major retail peers.