Should consumers be pleased with this situation?
“We know consumers are feeling pressured to make the most of their budget, and Target is here to help them save more,” said Rick Gomez, executive vice president"
They always act like they are doing you a favor. Here is why they are doing it:
“Target saw sales decline in 2023 for the first time since 2016.”
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It’s a slick PR move a lot of companies are doing. Instead of saying, listen, we get it. You don’t like how much of a profit we’ve made since we didn’t lower the prices after the pandemic/inflation. So we’re going to be super nice and offer this gesture of our kind heartedness. 