Price cuts hit Target, Walmart and Aldi and promote affordability ahead of holidays

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Three major retailers — Target, Walmart and Aldi — are promising to cut prices for the holidays after four years of higher costs.Why it matters: Discounts were hard to come by during the inflation crisis but now retailers are getting more competitive to entice shoppers to spend.Driving the news: Target announced today it will lower prices on more than 2,000 products throughout the holiday season…
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