Target's back-to-school plan includes tax-free weekends and items priced under $1

Target Corp. TGT, +0.75% unveiled its back-to-school plan on Thursday, with tax-free weekends, discounts for teachers with the return of the Teacher Prep event July 18 through July 31, and more. Most of the retailer's back-to-school collection (80%) is priced below $10, including notebooks for 99 cents and pillows from the Room Essentials collection for $4. Target says last year was the company's biggest back-to-school and back-to-college season. Target stock has rallied 43.7% for the year to date while the S&P 500 index SPX, +0.12% is up 16.5% for the period.