Target Corp.
TGT,
said Tuesday its Target Circle Week, a fall savings event, will take place Oct. 1 to 7. The retailer’s Deal of Day will also start Oct. 1, offering deep discounts for members of its loyalty program. The company said it will offer thousands of gifts priced at under $25 this holiday season, as well as seasonal food and beverage items starting at just $2. The company said it’s introducing a long-term partnership with Austin-based lifestyle brand Kendra Scott, which will include more than 200 jewelry and accessories items, most priced under $40. The company is also bringing back Marks & Spencer gourmet food and beverage items. The company is planning to hire nearly 100,000 seasonal team members to help customers. The stock is down 20% in the year to date, while the S&P 500
SPX,
has gained 16%.