Target (TGT) is not using customer information to boost prices based on shoppers' identities or locations, Reuters reported Thursday, citing the company's statement.

Target also said it does not change prices by time of day or during periods of high demand, the report said.

Prices can differ based on local costs, pricing regulation, or discounts, but customers on the same platform or location will see the same prices, the report added.

Target Circle, the retailer's loyalty program, collects shopping history to promote relevant deals but does not increase prices, the report said.

Target did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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