Black Friday Deals: Target Offers Discount on Giftcards

Walmart and Target are rolling back prices in time for the holiday season.
1:30 | 11/12/14

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Transcript for Black Friday Deals: Target Offers Discount on Giftcards
Via the onesie. News from target now. The retail giant is raising the stakes on black Friday. Basically offering free money. It's a bold move to win back customers after the massive data breach last year. Rebecca Jarvis has the story. Reporter: Target wants you back and ready to pay for the love. Offering target gift cards for 10% off this black Friday. Free money. An unprecedented move from the retailer that had an unpress didn'ted data breach last holiday season. Expected to cost target $1 billion. Still feeling the effects, sales and foot traffic down. The data breach really hit target hard last holiday season. They're doing all they can to win back customers zblsh two weeks to Thanksgiving, and an all-out war for business. Clambering for the cut of the $804 that each American shopper is expected to spend this holiday. Rolling back prices on 20,000 items at Walmart, iPad minis, now $60 off. Amazon offering daily discounts, like $120 off this ass laptop. And office depot, new deals every Monday. It's just a race to get the customers in the doors. They have to find a way to make themselves stand out. Reporter: All those retailers hoping they're on the Christmas wish list. Rebecca Jarvis, ABC news, new York.

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