Target Corp. said Monday that the lower prices will roll out over the summer on national brands and its own house brands.
FILE - A worker collects shopping carts in the parking lot of a Target store June 9, 2021, in Highlands Ranch, Colo. Target says it's cutting prices on about 5,000 food, beverage and household essential items, becoming the latest company to shift its pricing strategy as consumers pay closer attention to how they spend their money amid inflation concerns.
Target launched one such collection in January called Dealworthy, which includes nearly 400 basic items, ranging from clothing to electronics, that can cost less than $1, with most items under $10. said that it was planning to introduce a $5 meal deal in the U.S. next month to counter slowing sales and customers’
Target said customers will be able to score reduced prices on food items like milk, bread, fruits and vegetables. They’ll also see price reductions on goods such as diapers and pet food.
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Target to lower prices on about 5,000 itemsTarget Corp. said Monday that the lower prices will roll out over the summer on national brands and its own house brands.
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