Target Stock Falls as the Retailer Promised to Provide Excellent Holiday Savings and Values.

Target Stock NYSE:TGT

Target Stock (NYSE:TGT)

To match the excitement of holiday customers, stores have started preparing for the season of giving. For many stores, success or failure hinges on how well they do during this season, which generates a significant portion of their sales. Target Corporation (NYSE:TGT) is bringing back its “Deal Days” and Price Match Guarantee to capitalize on the holiday season and attract early birds. The store also wants to hire up to 100,000 seasonal workers to provide a smooth shopping experience for its customers. As a result, target stock plunged.

When Do Target’s Sale Days Start?

This year, Target Corporation (NYSE:TGT) has decided to start its holiday sales earlier. As part of its “Target Deal Days” sale, the retailer will offer customers deep discounts on various must-have products and basic necessities. From October 6 to October 8, interested buyers can take advantage of incredible discounts.

Throughout the holiday season, shoppers can expect to get the exact everyday cheap pricing they’ve come to expect. Customers can use Target Corporation’s (NYSE:TGT) Drive Up and Order Pickup service or Shipt for same-day delivery. Importantly, there is no joining charge associated with this. Free delivery is always available for Target RedCard holders and those who spend $35 or more.

Starting on October 6, target stock will have a “Holiday Price Match Guarantee” to entice shoppers looking for a reasonable price. Running through December 24, the promotion aims to reassure consumers that they will always obtain the lowest prices. As part of this, if a customer discovers that an item they purchased in-store or online during the specified period has been reduced in price by the merchant later in the season, the customer can return the item for a full refund.

Since Target Corporation (NYSE:TGT) sells nationally recognized and exclusive brands and products from a wide variety of other categories, it can serve as a one-stop shop for many people. Target is giving customers more reason to purchase, featuring pop-up stores for well-known companies like Apple, Disney, Levi’s, Ulta Beauty, and more. Customers should be prepared to take advantage of fantastic deals throughout the three-day event, as the retail giant is making no effort to waste time or resources.

The market has been down 1.5% over the last three months, while target stock has gained 2%.

Featured Image-  Megapixl @ Wolterk

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About the author: I'm a financial journalist with more than 1.5 years of experience. I have worked for different financial companies and covered stocks listed on ASX, NYSE, NASDAQ, etc. I have a degree in marketing from Bahria University Islamabad Campus (BUIC), Pakistan.