Target Slashes Prices on 2,000 Items for Holiday Season

The retailer aims to attract budget-conscious shoppers by offering discounts on essential and holiday items amid economic uncertainty.

Target's price cuts include both national and private label brands, covering food, beverages, toys, and everyday essentials.
This initiative follows earlier price reductions on 8,000 items since May, totaling over 10,000 discounted products by year's end.
The move is part of Target's strategy to regain customers lost to inflation and compete with rivals like Walmart and Aldi.
Retailers are engaging in a price war as they anticipate cautious consumer spending during the holiday season.
Target's previous price cuts helped boost sales, with a reported 2% increase in comparable sales last quarter.