Target news and trends

Target to Make 2,000 More Price Cuts for Holiday Season
Retail // October 22, 2024

Target will reduce regular prices on more than 2,000 items this holiday season. Combined with the price cuts it has made on more than 8,000 items since May, the retailer will have lowered prices on more than 10,000 items by the end of the holiday...

Aldi Expansion Continues Amid Thanksgiving Discount Rollout
Retail // October 17, 2024

Aldi’s latest expansion efforts have it literally in Walmart and Target’s backyards. That’s according to a report Thursday (Oct. 17) by Supermarket News, which notes that one of the German discount grocer’s latest store openings is happening in the same Florida parking lot as a Target store, and across the street from...

Mass Market Retailers Cut Prices to Win Budget-Conscious Shoppers This Holiday Season
Retail // October 10, 2024

As we approach the holiday season, mass merchants and dollar stores are unveiling a plethora of new deals designed to attract budget-conscious consumers grappling with financial struggles. This year, many retailers are adapting their strategies to meet the needs of shoppers who are feeling the...

Competition for Early Holiday Shoppers Won’t Start With Black Friday
Retail // October 02, 2024

As the holiday shopping season approaches, retailers are rolling out early sales strategies to capture consumer spending against a backdrop of economic uncertainty. With inflation concerns and fluctuating consumer confidence influencing purchasing behaviors, holiday shoppers are adopting a more frugal approach this year, with 33%...

Interviews & Exclusives
Mass Market Retailers Cut Prices to Win Budget-Conscious Shoppers This Holiday Season

October 10, 2024
As we approach the holiday season, mass merchants and dollar stores are unveiling a plethora of new deals designed to attract budget-conscious consumers grappling with financial struggles. This year, many retailers are adapting their strategies to meet the needs of shoppers who are feeling the pinch of rising costs, emphasizing affordability and value in their […]

Competition for Early Holiday Shoppers Won’t Start With Black Friday

October 02, 2024
As the holiday shopping season approaches, retailers are rolling out early sales strategies to capture consumer spending against a backdrop of economic uncertainty. With inflation concerns and fluctuating consumer confidence...

Paycheck-to-Paycheck Shoppers May Demand More Deals Events This Fall

September 03, 2024
In the wake of the savings events rush of the summer, with seemingly every large merchant announcing some major discounting push, consumers are growing accustomed to shifting their spending toward...

Bargain Hunters Fuel Amazon’s Prime Day Participation

July 17, 2024
With years of financial challenges compounding shoppers’ deal-seeking behaviors, Amazon and its competitors are seeing spiking demand for their summer deals events. Early reports suggest that Amazon Prime Day, the...

Quick Reads
Target Plans Holiday-Themed Upgrades In Store and Online

November 05, 2024
Target is getting a holiday makeover as retailers prepare for a potentially tepid shopping season. The retailer announced recently that it would be turning its physical and digital retail presence into a “fantastical destination” for the holidays, outfitting stores with things like peppermint swirl decor — in Target’s standard red and white colors — and (in some stores) […]

Target to Make 2,000 More Price Cuts for Holiday Season

October 22, 2024
Target will reduce regular prices on more than 2,000 items this holiday season. Combined with the price cuts it has made on more than 8,000 items since May, the retailer...

Aldi Expansion Continues Amid Thanksgiving Discount Rollout

October 17, 2024
Aldi’s latest expansion efforts have it literally in Walmart and Target’s backyards. That’s according to a report Thursday (Oct. 17) by Supermarket News, which notes that one of the German discount grocer’s latest store openings is happening...

Target Taps PepsiCo’s Jim Lee as New CFO

September 19, 2024
Target has picked longtime PepsiCo executive Jim Lee as its new chief financial officer (CFO). Lee, who spent more than 25 years with the food and beverage giant, will join Target’s leadership team Sept. 22,...