# KTLA 5: "Target cutting prices on thousands of items" **URL:** \ **Category:** Uncategorized\ **Created:** [May 20, 2024, 6:17pm UTC](https://community.clark.com/t/ktla-5-target-cutting-prices-on-thousands-of-items/5225 "2024-05-20T18:17:56Z")\ **Posts on this page:** 3\ **Page:** 1
**Author:** ![PropofolMask](https://avatars.discourse-cdn.com/v4/letter/p/6f9a4e/32.png) [@PropofolMask](https://community.clark.com/u/PropofolMask)\ **Post date:** [May 20, 2024, 6:17pm UTC](https://community.clark.com/t/ktla-5-target-cutting-prices-on-thousands-of-items/5225/1 "2024-05-20T18:17:56Z")
Should consumers be pleased with this situation? > **[Target cutting prices on thousands of items](https://ktla.com/news/nationworld/target-cutting-prices-on-thousands-of-items/)** > > Target is cutting prices on thousands of items as an acknowledgment that shoppers are increasingly struggling with inflation, the company announced Monday. In a statement, Target said the price cut… ---
**Author:** ![OU812](https://sea2.discourse-cdn.com/flex016/user_avatar/community.clark.com/ou812/32/1549_2.png) [@OU812](https://community.clark.com/u/OU812)\ **Post date:** [May 20, 2024, 10:47pm UTC](https://community.clark.com/t/ktla-5-target-cutting-prices-on-thousands-of-items/5225/2 "2024-05-20T22:47:37Z")
_“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.”_ ---
**Author:** ![imaclarkguy](https://avatars.discourse-cdn.com/v4/letter/i/a3d4f5/32.png) [@imaclarkguy](https://community.clark.com/u/imaclarkguy)\ **Post date:** [May 21, 2024, 3:19pm UTC](https://community.clark.com/t/ktla-5-target-cutting-prices-on-thousands-of-items/5225/3 "2024-05-21T15:19:31Z")
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. 🙂