TGT Jul 2024 110.000 call
- Yahoo Finance Video
Target slashes prices on 5,000 items: Here's why
In an era of increased inflationary pressures, consumers are seeking out bargains and value-driven offerings. This trend has prompted retail giant Target (TGT) to adopt a new pricing strategy, slashing prices on a range of consumer staple items across their stores. Ahead of the highly anticipated summer season, Target has announced price reductions on approximately 5,000 items, with 1,500 of these items getting immediate markdowns. Yahoo Finance's Madison Mills breaks down the details of this strategic move ahead of their earnings report. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
- Yahoo Finance Video
Stocks, Nvidia earnings on Wednesday, retailers: 3 Things
After last week's historic record highs, markets (^DJI, ^IXIC, ^GSPC) are patiently waiting on the minutes from the most recent Federal Reserve meeting. Chip giant Nvidia (NVDA) is set to report its first-quarter earnings on Wednesday, May 22. Lastly, chief US retailers, among them Macy's (M) and Target (TGT), are also expected to report their latest earnings throughout this trading week. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- CNN Business
Target is cutting prices on up to 5,000 items to lure back inflation-weary shoppers
Target has slashed prices on more than 1,500 popular items beginning immediately, ranging from butter to laundry detergent, as the retailer attempts to attract inflation-wary shoppers turned off by high prices.
