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Are Target price cuts a signal of lower inflation to come?

Target announced Monday that it was cutting prices on 5,000 items over the course of the summer.

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Target Slashes Prices on 5,000 Everyday Items for Summer Savings

Target Slashes Prices on 5,000 Everyday Items for Summer Savings
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Target Will Help Consumers Save Big by Lowering Prices on 5,000 Frequently Shopped Items

Shoppers will enjoy lower prices on food, beverages and household essentials MINNEAPOLIS, May 20, 2024 /PRNewswire/ Target Corporation announced today it will lower everyday regular prices on.

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Target lowering prices on 5,000 items

The retailer has reduced prices for nearly 1,500 items, with thousands more price cuts planned throughout the summer.

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Target announces major summer sale on 5,000 items – NBC Chicago

ALDI grocery store and IKEA recently also announced promotions to slash summer prices

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