According to the Zhitong Finance APP, Target (TGT.US) announced that the company will launch a back-to-school shopping season with a list of 20 'must-have' items priced under $20. It is reported that this list covers 20 popular items, including Mondo Llama 12-color pencils, up&up liquid glue, notebooks, etc. The retailer also stated that it will launch the lowest-priced backpack in more than a decade, with a unit price of only $5.

Target will launch new promotions for the back-to-school shopping season, including its exclusive brands such as Cat & Jack, Art Class, Mondo Llama, Room Essentials, and Brightroom, as well as popular domestic brands like Crayola and Jansport.

As part of its previously announced measures to lower prices, Target stated that consumers will also experience thousands of low-priced food and beverage products when buying school lunches, after-school snacks, and late night snacks, including bread, peanut butter, Shenzhen Agricultural Products Group, lunch box snacks, biscuits, fruit snacks, cookies, and children's drinks.