Consumer advocates and CEOs have been warning that prices will rise for months. Now, at Target, employees are seeing the first big shifts.
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For months, big retailers have
been warning that prices will rise.
Now, thanks to insider information from Target workers, the extent of the raises are becoming apparent. Staff say it is just the beginning.
A $9.99 USB-C cord from the store's in-house Heyday brand is now ringing up at $17.99, according to a self-identified employee on Reddit.
'It's happening,' the worker wrote, sharing a photo of the price tag update. 'All of Heyday is going up.'
The spike — an 80 percent increase — is being blamed on the latest wave of tariffs linked to President Donald Trump's trade policies.
Target's price rises come after Walmart on Thursday confirmed that it is raising prices this month as a direct result of tariffs.