Retail Giant Target Kicks Off Holiday Shopping Season With Toys Under $25
Portfolio Pulse from Shivani Kumaresan
Target Corp has launched its holiday toy shopping season with a range of affordable toys and games priced under $25. The retailer has also revealed its Bullseye's Top Toys list and new exclusives through collaborations. Customers can avail additional savings through Target Circle, the retailer's free-to-join loyalty program, and get 5% off all purchases when using a Target RedCard. TGT shares are trading lower by 0.25% at $106.42 in premarket on the last check Tuesday.
October 03, 2023 | 12:43 pm
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NEUTRAL IMPACT
Target's holiday season launch with affordable toys and additional savings through loyalty programs may attract more customers, potentially boosting sales. However, TGT shares are currently trading lower.
The launch of affordable toys and additional savings could attract more customers, potentially increasing Target's sales during the holiday season. However, the current decrease in TGT's share price indicates a neutral short-term impact.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100