Target Announces Price Reductions on Food and Essentials and Nationwide Food Donation to Support Families this Holiday Season
Rhea-AI Summary
Target (NYSE: TGT) announced price cuts and a nationwide donation to support families for the 2025 holiday season. Starting November 2025, Target is lowering prices on 3,000 food, beverage and essential items and is offering a complete Thanksgiving dinner at less than $5 per person. The company also pledged a $500,000 donation to Feeding America to support its network, which Target says will help provide five million meals through 200 food banks and 60,000 partner agencies. Target said these actions contribute to its 2025 food-security track of over $2.5M in grants and 150 million pounds of food, part of a $400M annual target in products and cash to nonprofits.
Positive
- 3,000 items discounted on food and essentials
- Thanksgiving dinner priced at less than $5 per person
- $500,000 donation to Feeding America
- Support aims to provide 5 million meals
- On track for $2.5M+ in 2025 grants and 150M lbs food
Negative
- Program excludes Alaska and Hawaii
- Pricing, promotions and availability may vary by location
News Market Reaction
On the day this news was published, TGT gained 0.94%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
- Target is lowering prices on thousands of food and beverage items and household goods
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Its Thanksgiving meal returns, with a complete holiday dinner for less than
per person$5 - Target donates to support Feeding America's network of food banks to help families find the joy of the season
And as families come together for Thanksgiving celebrations, Target's Thanksgiving meal is back — now at its lowest price ever. Offering a complete holiday dinner for less than
"I'm proud of the way our team moved quickly to lower prices on thousands of items our guests need most," said Lisa Roath, executive vice president and chief merchandising officer of food, essentials and beauty, Target. "It's important work that will make a difference for families managing tight household budgets during the holidays. And it's work that builds on Target's legacy of strengthening communities through the way we run our business."
In addition to delivering everyday value, Target continues to extend its support beyond its shopping experience. Today, the company announced a
"Target is proud to build on our longstanding partnership with Feeding America to help provide families access to nutritious food and essential resources," said Kiera Fernandez, executive vice president and chief community and stakeholder engagement officer, Target. "This donation reflects our deep commitment to supporting the 2,000 communities we serve. In times of increased need, we remain focused on showing up with care and consistency for families across the country."
This latest donation puts Target on track for 2025 food security contributions of over
Together, these efforts reflect Target's ongoing commitment to consumers across the country — offering great products at lower prices while demonstrating generosity and care to the communities it serves.
*Pricing, promotions and availability may vary by location and at Target.com. This program excludes
About Target
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SOURCE Target Corporation