Target is preparing for the holiday shopping season by hiring around 100,000 seasonal workers, a strategy consistent with its approach over the past three years.
Due to ongoing inflationary pressures exhausting consumer savings, the holiday retail sales growth is projected to be the slowest in six years, according to Deloitte.
To attract customers during the holiday season, Target plans to offer more affordable items and is reviving its partnership with UK retailer Marks & Spencer.
With many shoppers expected to start their holiday shopping early, retailers are responding by launching discounts and enhancing promotions to attract frugal buyers.
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