Target's Holiday Clearance Event Begins Today, Featuring Deals of up to 50% off on Clothing, Shoes, Beauty, Toys and More

Rhea-AI Summary

Target (NYSE: TGT) launched its annual Holiday Clearance Event on December 26, 2024, offering significant discounts across its nearly 2,000 stores and online platforms. The sale features discounts of up to 50% off on various categories including clothing, shoes, beauty, toys, and holiday decor.

Key offerings include 50% or more off select holiday family sleepwear, beauty gift sets, and holiday decor, while clothing, shoes, toys, and sporting goods are available at up to 50% off. Target Circle members can save an additional 5% using their Target Circle Card. The retailer is maintaining its convenient fulfillment options, including Drive Up, Order Pickup, and same-day delivery services, along with a 90-day return policy for most new, unopened items.

Positive

• Extensive clearance sale across multiple product categories
• Deep discounts of up to 50% off on high-demand items
• Additional 5% savings for Target Circle members
• Wide distribution through nearly 2,000 stores plus online channels

Negative

• -time availability of discounted items
• Inventory variations between stores and online
• Potential margin pressure due to deep discounts

News Market Reaction – TGT

+3.01%

1 alert

+3.01% News Effect

On the day this news was published, TGT gained 3.01%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

MINNEAPOLIS, Dec. 26, 2024 /PRNewswire/ -- Target Corporation (NYSE: TGT) announced that its annual Target Holiday Clearance Event kicks off today with deep deals across its assortment, including clothing, shoes, beauty, toys, holiday decor and more, while supplies last. Consumers will find the biggest savings at the retailer's nearly 2,000 stores, along with additional deals on Target.com and in the Target app.

"What I love about clearance is seeing all of the different reasons people shop at Target as the holiday season winds down," said Rick Gomez, executive vice president and chief commercial officer, Target. "Whether you're celebrating later, using a new gift card or getting a jump start on next year, we have deep discounts across our entire assortment to make it easy for everyone to find great deals and extend the joy of the holiday season."

Wrap up the season with these special offers
The annual Target Holiday Clearance Event offers consumers one last chance to take home items from the retailer's holiday assortment at reduced prices. For a limited time, consumers can discover great deals including:

50% or more off

• Select holiday family sleepwear
• Select beauty gift sets
• Select holiday decor

 Up to 50% off

• Select clothing and shoes for the family
• Select jewelry and accessories
• Select toys across categories such as games, dolls and plush
• Select sporting goods including bikes

30% or more off

• Select holiday candy

Exact products and inventory vary by store and online.

Enjoy even more savings and convenience
As consumers shop Target's clearance deals, they can take advantage of additional options available year-round to save money and get their purchases with ease. Members of the retailer's free-to-join Target Circle program enjoy personalized perks and deals and save an extra 5%¹ if they pay with Target Circle Card. Target offers consumers the extra convenience of its industry-leading fulfillment service options, including Drive Up and Order Pickup, unlimited same-day delivery on orders over $35 with a Target Circle 360 membership or free 2-day shipping on thousands of items.

Plus, with free returns on most new, unopened items within 90 days of purchase, Target makes it easy for consumers to return and exchange items and get great deals on the items they want most. Consumers can make returns at their convenience in stores or at the Drive Up lanes.

Visit Target.com for more about the sale. Find additional details about Target's 2024 holiday season on the retailer's holiday press hub. 

1. Restrictions apply. Subject to application approval and identity verification. See Target.com/CircleCard for program rules and details.

About Target
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at nearly 2,000 stores and at Target.com, with the purpose of helping all families discover the joy of everyday life. Since 1946, Target has given 5% of its profit to communities, which today equals millions of dollars a week. Additional company information can be found by visiting the corporate website and press center.

 

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SOURCE Target Corporation

FAQ

What are the biggest discounts offered in Target's 2024 Holiday Clearance Event?

The biggest discounts include 50% or more off select holiday family sleepwear, beauty gift sets, and holiday decor, with up to 50% off on clothing, shoes, toys, and sporting goods.

How long will Target's (TGT) 2024 Holiday Clearance Event last?

The clearance event begins December 26, 2024, and will continue while supplies last. The exact duration is not specified in the announcement.

What additional savings can Target Circle members get during the clearance event?

Target Circle members can save an extra 5% when paying with their Target Circle Card, in addition to the clearance discounts.

What are Target's (TGT) return policies for clearance items?

Target offers free returns on most new, unopened items within 90 days of purchase, either in stores or at Drive Up lanes.

Does Target's (TGT) 2024 Holiday Clearance Event include online shopping options?

Yes, the clearance event is available both in Target's nearly 2,000 stores and online through Target.com and the Target app.