Target To Lower Prices On 3,000 Items

MINNEAPOLIS — Target announced on Wednesday that it plans to lower prices on over 3,000 items.

The price cuts, most of which will be a reduction of 5-20 percent in cost, will start in March and continue throughout the spring on products including women’s and children’s apparel, bedding, shoes, baby items, pantry goods and more, according to the company.

“Busy families are thinking about value as they begin to update their homes and wardrobes for spring,” Cara Sylvester, executive vice president and chief merchandising officer of Target, said in a news release. “We’re committed to making it easier than ever for guests to have the fresh style and incredible value they love, with lower prices on the items we know they want.”

Target also lowered prices on thousands of items in 2025, according to the company.

Consumer prices have soared about 25 percent over the past five years, although the pace of inflation has cooled.

Target recently reported another quarter of declining sales and profits amid its struggles to regain its footing with customers, but it also delivered a solid annual profit outlook and has said it believes net sales will grow every quarter this year.

The company is investing billions in its business in 2026 to spruce up its store experience, remodel stores and invest in its workers. Its capital plans include opening 30 new stores and plans to remodel 130 of its existing stores.

The Associated Press contributed to this story.