Current location:politics >>
Target to lower prices on basic goods in response to inflation
politics7639People have gathered around
IntroductionTarget plans to cut prices on thousands of consumer basics this summer, from diapers to milk, as inf ...
Target plans to cut prices on thousands of consumer basics this summer, from diapers to milk, as inflation cuts into household budgets and more Americans pay closer attention to their spending.
The price cuts, already applied to 1,500 items, will eventually include 5,000 food, drink and essential household goods. Target and other retailers are increasingly catering to customers who are struggling with higher prices for groceries, though inflation has begun to cool. Many of them have switched to private label brands sold by Target and others big retailers, which are typically less expensive than well-known brands.
Target launched one such collection in January called Dealworthy which includes nearly 400 basic items, ranging from clothing to electronics, that can cost less than $1, with most items under $10.
Last week, McDonald’s said that it was planning to introduce a $5 meal deal in the U.S. next month to counter slowing sales and customer frustration with higher prices. Walmart posted strong quarterly sales last week driven by a influx of customers, including households with incomes of more than $100,000, looking for bargains.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Worldly Wisdom news portal”。http://sierraleone.downmusic.org/content-86a399612.html
Related articles
Kate Hudson hits the stage to debut songs from her new album Glorious at star
politicsKate Hudson looked like a pro as she performed songs from her new album Glorious for the first time. ...
【politics】
Read moreSydney Sweeney will play history
politicsSydney Sweeney will play boxer Christy Martin in a biopic directed by filmmaker David Michôd.The bio ...
【politics】
Read moreReal Madrid rallies late to beat Bayern 2
politicsMADRID (AP) — After yet another magical night at the Santiago Bernabeu Stadium, Real Madrid is back ...
【politics】
Read more
Popular articles
- Pope trip to Luxembourg, Belgium confirmed for September, 2 weeks after challenging Asia visit
- Why as a slim woman, I always have to tread on eggshells around my overweight friends
- Soto, Judge and Stanton homer in same game with Yankees for 1st time during 9
- Montgomery throws 7 solid innings and Diamondbacks hold off Reds 4
- 'The Apprentice,' about a young Donald Trump, premieres in Cannes
- This Morning's Josie Gibson snaps at co
Latest articles
Britain's new bonkers EV: Callum Skye is an £80k electric buggy built in Warwickshire
Madonna shares epic 'memories' from Celebration tour
Goaltender interference debate is alive and well in the NHL playoffs after 1st
Coach Malone reminds the Nuggets they're the defending champs and asks them to play like it
Ship that caused Baltimore bridge collapse has been refloated
Trump hush money trial: Defense attorneys attacks Stormy Daniels' credibility
LINKS
- Chinese organization to boost recycling of renewable resources
- China promotes human organ donation, transplantation
- Two bodies are found in hunt for Kansas moms who disappeared two weeks ago
- Two bodies are found in hunt for Kansas moms who disappeared two weeks ago
- Junta shelling, airstrikes kill 25 Rohingyas in Myanmar’s Rakhine state — Radio Free Asia
- Caitlin Clark selected with No. 1 in the WNBA draft by the Indiana Fever
- Prominent New York church, sued for gender bias, moves forward with male pastor candidate
- How major US stock indexes fared Monday, 4/15/2024
- Tennessee lawmakers pass bill to involuntarily commit some defendants judged incompetent for trial
- Revised budget adjustment removes obstacle as Maine lawmakers try to wrap up work