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Target Slashes Prices

May 22, 2024
Target slashes prices to bring back customers feeling the pinch.
the details
Target is lowering the prices of 5,000 “everyday” items. The price cuts are all part of an effort to keep consumers visiting stores and restaurants, as more families have been tightening their budgets after years of...
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Show transcript
00:00
Target is reducing prices on 5000 items.
00:02
It's like, you know,
00:03
things like milk, meat snacks and they hope to attract customers
00:07
that are worried about rising prices.
00:11
So basically Target is like happy summer.
00:13
We're gonna chill on the price gouging for a second and let
00:16
you get shopping done.
00:17
Well, so far,
00:18
they've cut prices on 1500 items and plan to lower more throughout
00:24
the summer. So Clorox scented wipes,
00:28
they were $5.79. Now they're 499 liquid laundry detergent was $13.69
00:37
Now it's 1299.
00:39
Take my money. Well,
00:41
is that enough for you brother?
00:42
Like, is that worth you cheating on Costco?
00:45
Oh, hold on.
00:46
I like Target. But Costco's Bay.
00:49
I mean, look,
00:50
it's,, there's some good,
00:52
was it the Target app?
00:53
The Target Circle app.
00:54
Shout out Target Circle.
00:55
But,, I don't know,
00:56
I mean, there's some stuff,
00:58
right? But isn't it just kind of weird that like they're
01:01
lowering the prices now because they want to bring people in,
01:03
like they could have lowered it all along and still made a
01:06
profit. But not,
01:08
that's what it is,
01:09
they're playing with us.
01:10
But anyways, it's funny because,
01:11
you know, President Biden had to fly.
01:13
So you had to jump on Twitter or sorry X and remind
01:17
everyone that he was the one that called out,
01:19
you know, grocery chains and stores that were making record profits
01:22
to lower their prices.
01:23
So President Biden is taking credit for this other major retailers like
01:27
IKEA and all they have been reducing prices in recent months in
01:30
an attempt to retract customers into stores and tap back into our
01:33
pockets since the inflation.
01:36
I mean, essentially inflation has been frying us.
01:38
So they're trying to help us out right now.
01:41
Lamp Sando, you know,
01:44
even with my business,
01:45
I could feel like,
01:46
ok, Le Pen Sando,
01:47
people go to the site.
01:49
It takes a little while,
01:50
a few days for them to buy.
01:54
Yeah. Yeah. Yeah.
01:55
There you go. So,
01:57
I guess this is what they want to do is get them
02:00
in and ok, it's cheap right now.
02:02
It's cheaper. Might as well get it,
02:04
but they're good with impulse buying.
02:06
So let us know if you think target is going to be
02:09
the spot this summer.
02:11
Oh, I like that.