Prices Could be Going Up at Your Target Store Very Soon
Huffington Post reports that Target may be changing their prices to compete with other retailers. This is no surprise as many stores are feeling the same kind of dip in sales since the beginning of the pandemic. Target will be doing something called dynamic pricing, which apparently has been done for years in the retail world. Dynamic pricing is when a store changes the price of items for current demand. This is something that many retailers have done in the past including Target.
This article from Huffington Post also talks about price hikes depending on the city you re in could affect the prices of the items you shop for. Even though Target has low prices, if you re going to a Target in a major city like New York for example, you re going to pay more, upwards of $1 more for the same products in a not so popular city. You may also even pay for parking at certain Target stores in certain cities. I know the one in The Bronx a