Target starts price war with Wal-Mart by slashing cost of 5,000 popular items

Target is reducing prices on over 5,000 frequently bought items, such as milk and diapers, to attract customers from Walmart.

With high food prices and borrowing costs, consumers are increasingly seeking cheaper options, prompting retailers to lower prices.

Facing stiff competition from Walmart, which offers lower prices and reports resilient consumer spending, Target aims to ease shoppers’ budget pressures.

Rick Gomez, Target’s chief food, essentials, and beauty officer, acknowledged the need to help consumers stretch their budgets.

Key items like meat, bread, fresh produce, soda, snacks, and yogurt will see discounts ahead of Memorial Day weekend, the Daily Mail has reported.

read more: https://www.dailymail.co.uk/news/article-13438493/Target-offers-discounts-popular-items-Walmart.html

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