Retail

Target cuts grocery prices in rival sales event

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Customers shop in the grocery area at a Target Corp. store in Chicago, Illinois, U.S., on Saturday, Nov. 16, 2019.

Daniel Acker | Bloomberg | Getty Images

Electronics, toys and food?

As Target kicks off a rival sales event to go head-to-head with Amazon Prime Day, the big-box retailer is spotlighting its grocery department. It is adding discounts and promotions to nudge customers toward its aisles of cereal, meat and soda.

Target rolled out Deal Days to compete with Prime Day in 2019, but this will be the first time Target is using the event to promote groceries. Its discounts will span Sunday through Tuesday — a day longer than the e-commerce giant’s event.

It’s likely that Target sees the…



Source cnbc.com

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