STOCK TITAN

Target Kicks Off the Holiday Season Early With More Flexibility, Ease and Value

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Target Corporation (NYSE: TGT) is launching its holiday season earlier than ever with the biggest Target Deal Days event from Oct. 6-8, featuring hundreds of thousands of deals. The retailer aims to hire up to 100,000 seasonal team members to enhance customer experience, ensuring availability of products and services. Additionally, Target's Holiday Price Match Guarantee will be available from Oct. 6 to Dec. 24, allowing customers to shop early with price confidence. Guests can also benefit from loyalty programs and same-day delivery options, showcasing Target's commitment to customer satisfaction.

Positive
  • Launch of Target Deal Days from Oct. 6-8 with hundreds of thousands of deals.
  • Hiring up to 100,000 seasonal workers to improve shopping experience.
  • Extended Holiday Price Match Guarantee from Oct. 6 through Dec. 24.
  • Additional savings through Target Circle and 5% off with Target RedCard.
Negative
  • None.
  • Target will introduce holiday savings earlier than ever, starting with the biggest Target Deal Days event yet featuring hundreds of thousands of incredible deals from Oct. 6-8
  • The retailer plans to hire up to 100,000 seasonal team members to create an unmatched shopping experience, helping guests shop when and how they want
  • This year, Target's industry-leading Holiday Price Match Guarantee starts on Oct. 6 and extends longer than ever, helping guests get the best value no matter when they shop

MINNEAPOLIS, Sept. 22, 2022 /PRNewswire/ -- Target Corporation (NYSE: TGT) today announced plans to deliver a joyful holiday season with more ways than ever for guests to shop and save with ease. The savings start Oct. 6-8 with the return of Target Deal Days, offering guests the earliest access ever to deep holiday deals on must-have items and everyday essentials. Additionally, Target is readying its talented team — planning to hire up to 100,000 seasonal team members — to help guests check everything off their lists on their terms and on time with incredible value and best-in-class same-day delivery services all season long.

"The holidays are a treasured time when our guests come together with family and friends to celebrate the joy of the season, and we're here to make that as easy as possible for them to enjoy," said Christina Hennington, executive vice president and chief growth officer, Target. "That's why 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."

Incredible savings all season long

Target is making it easier than ever for guests to save big throughout the holiday season.

  • Target Deal Days: Deal seekers will find hundreds of thousands of deals online and in stores during the biggest Target Deal Days event yet, kicking off earlier than ever from Oct. 6-8 — no membership fee required to shop. The savings won't stop there, as guests will continue to find incredible deals and everyday low prices throughout the holiday season.
  • Industry-Leading Holiday Price Match Guarantee: This year, Target's industry-leading Holiday Price Match Guarantee will extend longer than ever, from Oct. 6 through Dec. 24. That means guests can choose to shop early with confidence knowing that if the price goes lower at Target later in the season, the retailer will price match it.
  • Savings All Season Long: Guests can enjoy additional savings by using Target Circle, the retailer's free to join loyalty program, and apply an extra 5% off on all purchases with their Target RedCard. In addition, Target's buy now, pay later options give guests flexibility to pay at their own pace.
Target team readies for a joyful holiday guest experience

To create an unmatched shopping experience, Target expects to hire up to 100,000 seasonal team members in stores and supply chain facilities nationwide this year. Target team members will focus on providing an exceptional experience by keeping stores stocked and organized, helping guests locate and buy all their holiday must-haves easily, providing industry-leading same-day fulfillment services, packing and shipping orders, and more.

  • Earlier this year, Target announced a new starting wage range of $15-$24 an hour — making it a wage leader in every market where the retailer has stores or facilities.
  • Target team members, including seasonal hires, also have access to flexible scheduling, well-being benefits, team member discounts and more.
  • As in previous years, Target will continue to first work with current team members to help provide their desired hours and schedules throughout the holidays.
  • On average, more than 30% of team members who are hired as seasonal workers stay on after the holiday season.

Interested candidates can visit TargetSeasonalJobs.com to apply for seasonal positions and can learn more about non-seasonal roles here.

Inspiring gifts and everyday essentials

As guests look to shop for each person on their holiday lists, Target's broad array of owned and national brands offers something for everyone.

  • Toys: To help gift givers bring more holiday magic to kids this year, Target recently announced an exclusive multiyear agreement with iconic toy brand FAO Schwarz. Starting mid-October, FAO Schwarz toys will be available exclusively at Target stores, Target.com and FAO Schwarz store locations. In addition, Target announced the return of Bullseye's Top Toys list in its 10th holiday season, presented by FAO Schwarz.
  • Shop-in-Shops: The retailer's unique, distinctive shop-in-shop experiences with Disney, Levi's, Ulta Beauty and Apple will provide guests access to prestigious and beloved brands all in one convenient place in-store or online, with the benefits of shopping at Target.
  • Gifting and Gathering: Guests will be delighted to find new festive food and beverage items, must-have family apparel, gifts and home décor, and entertaining options that make Target the one-stop-shop for all holiday gifting and gathering needs.
Receive holiday purchases the same day, with ease

For guests shopping holiday party essentials on a tight schedule or checking off the final items on their gift lists at the last minute, Target's industry-leading same-day services will provide ease and convenience throughout the holiday season. With 75% of the U.S. population living within 10 miles of a Target store, guests are covered for all their last-minute toys, festive décor and entertaining essentials with fast and free Order Pickup and Drive Up orders in as soon as two hours with no minimum purchase. For extra convenience, guests can use Same-Day Delivery with Shipt to receive orders at their doorsteps in as soon as one hour, no membership fee required. As always, guests receive free shipping on orders of $35 or more or when using Target RedCard.

Miscellaneous

Statements in this release regarding hiring and holiday season plans and expectations about arrangements with vendors are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties which could cause Target's actions to differ materially. The most important risks and uncertainties are described in Item 1A of Target's Form 10-K for the fiscal year ended January 29, 2022. Forward-looking statements speak only as of the date they are made, and Target does not undertake any obligation to update any forward-looking statement.

About Target

Minneapolis-based Target Corporation (NYSE: TGT) serves guests at nearly 2,000 stores and at Target.com, with the purpose of helping all families discover the joy of everyday life. Since 1946, Target has given 5% of its profit to communities, which today equals millions of dollars a week. Additional company information can be found by visiting the corporate website and press center and by following @TargetNews.

 

Target Logo (PRNewsfoto/Target Corporation)

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/target-kicks-off-the-holiday-season-early-with-more-flexibility-ease-and-value-301630568.html

SOURCE Target Corporation

FAQ

What are the dates for Target's Deal Days in 2022?

Target's Deal Days are from Oct. 6-8, 2022.

How many seasonal team members is Target planning to hire?

Target plans to hire up to 100,000 seasonal team members.

What is the duration of Target's Holiday Price Match Guarantee?

The Holiday Price Match Guarantee is from Oct. 6 to Dec. 24, 2022.

What benefits does Target offer to seasonal employees?

Seasonal employees at Target receive flexible scheduling, well-being benefits, and discounts.

How can I apply for a seasonal position at Target?

Interested candidates can apply for seasonal positions at TargetSeasonalJobs.com.

Target Corporation

NYSE:TGT

TGT Rankings

TGT Latest News

TGT Stock Data

71.80B
462.64M
0.23%
83.22%
3.09%
Discount Stores
Retail-variety Stores
Link
United States of America
MINNEAPOLIS