Target is preparing for the holiday season with exclusive discounts, new items, and seasonal hires.

From Nasdaq: 2024-09-24 12:36:00

Retailers, including Target Corporation (TGT), are gearing up for the holiday season with enticing deals and expanded product offerings. Target Circle Week from Oct. 6-12 will feature exclusive discounts, with 50% more new items this year. Target plans to hire 100,000 seasonal workers to meet demand and enhance customer service.

With holiday retail sales set to reach $1.58 trillion to $1.59 trillion, Target is well-positioned to capture a significant share. The retailer’s proactive measures, expanded product lineup, and focus on value are expected to drive success. Target aims to compete with major retailers like Walmart (WMT) and Amazon (AMZN) during the festive season.

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Read more at Nasdaq: Here’s How Target is Gearing to Take on Rivals This Holiday Season