Target Is Cutting Prices On 5,000 Popular Items In Push To Drive Sales Amid Stubborn Inflation

ToplineTarget plans to reduce prices on about 5,000 “frequently shopped items” heading into the summer, the big-box retailer announced Monday, as it looks to attract inflation-wary shoppers who are more conscious of their spending and boost demand for essential products in a push to turnaround last year’s sales slowdown.NEW YORK CITY - SEPTEMBER 28: People walk by a Target store in the Harlem neighborhood in Manhattan ... [+] on September 28, 2023 in New York City. Citing “theft and organized retail crime," ...