Target is reportedly cutting prices on 3,000 “everyday items” such as food, beverages and household essentials during the holiday season to attract shoppers who are tightening their budgets amid economic uncertainties, reported Reuters. Prices are reportedly set to be reduced this month.
“Retailers are bracing for a muted holiday shopping season as U.S. consumers rein in spending amid stubborn inflation, elevated interest rates and President Donald Trump’s import tariffs. They are also preparing for a sales dip in November after food aid benefits lapsed due to the government shutdown. Minneapolis-based Target said its Thanksgiving meal will now cost less than $5 per person, following similar moves by rivals Walmart and Aldi,” the outlet reported.
Target’s Thanksgiving meal kit for four will reportedly cost under $20, compared with $20 a year ago. The kit will be available November 16.
Among other big-box stores, Placer.ai reported that in September, Costco had consistent year-over-year foot traffic growth since Q2 2021, with both overall and same-store visits continuing to grow.
“Same-store visits have also consistently increased during this period—indicating that the retailer is driving more traffic to existing stores and quickly building strong member bases at its new warehouses,” the report said.
August 2025 traffic to Costco grew 5.5% year over year while same-store visits rose 4.0% as consumers continue to seek ways to get more for their money.