As Target ($TGT@US) closes 2022 with a 37 percent drop in stock shares, it is wooing customers with affordable gift items and a holiday price match guarantee. The retail giant added big-name brands such as Ulta Beauty and FAO Schwartz to its line of products. Target’s stock prices took a hit earlier this year after it missed fiscal first-quarter earnings. In June it made aggressive moves to shed excess inventory, and it cut its profit margin expectations for the fiscal second quarter to account for discounted merchandise.
