Deal Days are coming back to Target (TGT) well ahead of the holiday season as the retailer looks to entice shoppers to stores to begin their Christmas shopping early.
The sales event known as Deal Days will be held Oct. 6-8, with “hundreds of thousands of deep deals” offered across Target’s total product category, the company said.
In addition to launching Deal Days, Target said it is extending its Holiday Price Match Guarantee from Oct. 6 to Dec. 24. Target will match the price of an item found at another retailer at a lower price during this period.
Christina Hennington, executive vice president and chief growth officer at Target, said in a statement that “we’re rolling out deals earlier than ever and ensuring our team is ready to help our guests shop when and how they want.
“Throughout the season, guests will discover new and differentiated items for gifting and gathering, including only-at-Target owned brands and must-have national brands, and they can expect great deals and everyday low prices at every turn for an unmatched holiday shopping experience,” she added.
Target will also hire 100,000 seasonal workers in its stores and supply chain facilities to ensure it is ready for the holidays. This is the same number of hires it made in 2021 and 30,000 less than it made in 2020.
Walmart announced on Wednesday that it would be hiring 40,000 workers for the holiday season, far less than the 150,000 it hired in 2021. The retail giant also announced that it is extending its returns window for purchases made on or after Oct. 1 through Jan. 31, 2023, and offering curbside and home pickup return services.
As of Thursday premarket hours, shares of Target were trading at $159.00, down 3 cents, or 0.02%.