10/22/2024

The Season of Holiday Price Cuts has Arrived

Three major retailers are promising to cut prices for the holidays

Three major retailers — Target, Walmart and Aldi — are promising to cut prices for the holidays after four years of higher costs.

Why it matters: Discounts were hard to come by during the inflation crisis but now retailers are getting more competitive to entice shoppers to spend.

Driving the news: Target announced today it will lower prices on more than 2,000 products throughout the holiday season, following price cuts on 8,000 items this year.

Please select this link to read the complete article from Axios.