Target is slashing prices ahead of the holiday season.
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Target just announced discounts on 'thousands of items' (TGT)
Target has announced price cuts on items like cereal and paper towels.
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In a blog post on Friday, the company announced that it was cutting prices on "thousands of items."
The post did not specify the size of the price cuts. It also did not elaborate on which specific products would be discounted, but said it would range from "cereal and paper towels to baby formula, razors, bath tissue and more."
The post makes it clear the prices are not just temporary reductions. It adds that while promotions and sales will not be going away, Target will now offer "
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The retailer also announced plans to make its promotions easier for customers to understand.
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