Commonground
Senior Moderator
ByJordan Valinsky
Wednesday, October 23, 2024 12:10PM
NEW YORK -- Target is slashing prices on more than 2,000 items, marking the second time this year that the retailer cut customer costs as it attempts to attract inflation-weary shoppers ahead of the holiday shopping season.
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Still, Target signaled a cautious outlook for the rest of the year, a sign it expects consumers continue to spend carefully. The company expects sales to rise by up to 2% this year but said it likely could come in lower than that.
The next earnings report for Target (TGT) will be released on November 20.
https://abc30.com/post/target-cutting-prices-2000-items-ahead-holiday-shopping-season/15459116/
Wednesday, October 23, 2024 12:10PM
NEW YORK -- Target is slashing prices on more than 2,000 items, marking the second time this year that the retailer cut customer costs as it attempts to attract inflation-weary shoppers ahead of the holiday shopping season.
-snip-
Still, Target signaled a cautious outlook for the rest of the year, a sign it expects consumers continue to spend carefully. The company expects sales to rise by up to 2% this year but said it likely could come in lower than that.
The next earnings report for Target (TGT) will be released on November 20.
https://abc30.com/post/target-cutting-prices-2000-items-ahead-holiday-shopping-season/15459116/