MINNEAPOLIS — Retail giant Target Corp. plans to cut prices on some merchandise and cancel orders as the company works to reduce its burgeoning inventory.

The Star Tribune reported Tuesday that the company’s inventory grew 43% from February to April.

Customers may see lower prices on televisions, outdoor furniture and kitchen appliances to clear space for better-selling items.

Target, like many retailers that faced skyrocketing demand in the early months of the pandemic, stocked up on goods as snarled supply chains delayed shipments. But consumers are now turning away from home goods, tech, athleisurewear and other products for staying home and shifting to spending on experiences and going out.