Target’s (TGT) holiday deals continue as the retailer is holding its annual two-day gift card sale this weekend while also giving shoppers more time to stock up on gifts just in time for Christmas.

Starting on Saturday, the retailer will offer 10% off Target gift card purchases up to $500, saving consumers up to $50. The gift card promotion runs through Sunday.

In order to get the gift card deal, customers need to be registered members of Target Circle, which is the company’s loyalty program. Target Circle members earn 1% back on almost every purchase they make at Target.

The offer is limited to one purchase per customer online or in-store, and purchases can be made as physical gift cards or sent via email or text.

However, Target does say on its website that “increased shipping volume may cause delays for physical gift cards” and it does suggest email and text gift card options for faster delivery.

Target’s gift cards can be used to purchase merchandise in stores and online.

Beyond offering its gift card discount, Target is also gearing up for the holidays by extending its shopping hours. Most stores will be open from 7 a.m. to midnight through Dec. 23 starting on Sunday, USA Today reported. Target stores are traditionally open until 10 p.m.

Hours at local stores can be confirmed at Target.com/store-locator.

Mark Schindele, Target’s chief stores officer, told USA Today that the company is looking to make it “as easy as possible for guests to get all their holiday needs, on their terms.”

Also happening this week at Target is another “Holiday Best” deals sale that runs through Sunday in stores and online.

Target’s “Holiday Best” sales offer the retailer's “best planned" prices of the season, indicating that consumers won’t get a lower price on that merchandise item for the holidays in stores or online. If an item is priced lower, consumers can get a price match through Dec. 24.

As of Friday at 9:53 a.m. EST, shares of Target were trading at $246.59, up $1.09, or 0.44%.

Shoppers checkout at a Target store in Virginia
Shoppers checkout at a Target store in Falls Church, Virginia May 28, 2010. REUTERS
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