If leisurely walking down the aisles of your local Target is one of your favorite past times, you’ve got some good news coming. The retailer is slashing prices in a major way.
In order to clear out leftover inventory, Target is temporarily cutting its prices in several different departments. Electronics, kitchen appliances, and home goods will all see substantial price cuts in order to prepare for the upcoming fall and winter seasons.
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In a press release, the retailer explained that the price cuts were designed to, “right-size its inventory for the balance of the year and create additional flexibility to focus on serving guests in a rapidly changing environment.”
Part of this plan includes canceling orders for more goods, getting rid of extra inventory, and working to improve the supply chain. However, for shoppers, those price discounts are arguably the most important change. They’re plentiful.