Target to Match Competitors' Online Prices

Target (NYSE: TGT  ) announced today it plans to match prices year-round of several online retailers, including Amazon.com (NASDAQ: AMZN  ) and the online prices of Best Buy (NYSE: BBY  ) , privately owned Toys "R" Us, and Wal-Mart (NYSE: WMT  ) . As part of the new policy, Target stores will also match prices found on its own target.com site. The new online retailer price-matching policy takes effect immediately.

While Target's price match guarantee has been in place since 2009, the decision to match certain online retailers' prices was first instituted during the 2012 holiday shopping season.

According to Target CEO Gregg Steinhafel, "Guests can confidently shop at Target every day for the best value in retail." If a Target customer buys a qualifying item at a Target store and then finds the identical item for less in the following week's Target circular, or within seven days on Target.com, Amazon.com, Walmart.com, Bestbuy.com or Toysrus.com, or in a local competitor’s printed ad, Target will match the price.

link


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2185031, ~/Articles/ArticleHandler.aspx, 9/22/2014 2:19:05 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement