Target lowers prices on nearly 2,000 items ahead of holiday season

By Reuters News

Sept 29 (Reuters) - Target TGT.N said on Tuesday it is lowering prices on nearly 2,000 home items, apparel and accessories, to attract cash-strapped shoppers ahead of the all-important holiday season.

This comes after Target announced price cuts earlier this year on more than 3,000 products, at a time when the big-box retailer navigates a cautious spending environment under CEO Michael Fiddelke.

"Guests are looking for great products at an incredible value, and that's an important part of what we aim to deliver every day," said Chief Merchandising Officer Cara Sylvester.

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