Current location:Worldly Winds news portal > style
Target to lower prices on basic goods in response to inflation
Worldly Winds news portal2024-05-21 07:02:30【style】8People 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.
Address of this article:http://slovenia.afischerphasedrives.com/article-19e599457.html
Very good!(94)
Related articles
- Dodgers acquire pitcher Yohan Ramírez from Mets for cash
- Michael Cohen is torn to shreds by Trump's attorneys in blistering cross
- Vatican updates norms to authenticate visions of Mary, weeping statues and stigmata
- Your garden waste is anti
- Brazil replaces injured goalkeeper Ederson in Copa America squad
- China rolls out new measures to fix its property crisis, spur growth
- For the children of Gaza, war means no school — and no indication when formal learning might return
- Chinese premier congratulates Mishustin on reassuming office as Russian PM
- Devout Christian doctor, 68, who punched dementia
- Oregon man convicted of sexually abusing 2 teen girls he met online gets 12 1/2 years in prison
Popular articles
- Supreme Court declines to hear challenge to Maryland ban on rifles known as assault weapons
- Texas pardons US Army sergeant Daniel Perry who was convicted of murder for shooting AK
- Timberwolves force Game 7 by blowing out Nuggets 115
- Global obesity deaths rise by 50 percent since 2000, major report shows
Recommended
Kristin Cavallari, 37, ignores critics of her age
Meghan and Prince Harry 'are planning to do more royal
Now Cambridge University is forced to move graduation ceremonies after pro
Horror as one
Burglar hurled stolen mobile phones at police from the top of 60ft high roof during nine
AP Week in Pictures: Global
Mets beat Phillies 6
Juan Soto says he's open to in
Links
- Navarro, Steffen propel Rapids to 1
- Kervin Arriaga scores for the second straight game and Minnesota United ties the LA Galaxy 2
- Albo's tenant is crying poor after getting handed his eviction notice
- Read the text message Charlise Mutten's mother sent friends after her daughter disappeared
- Why Barron is 'little Melania': How protective first lady is keeping her son, 18, in a Mar
- Read the text message Charlise Mutten's mother sent friends after her daughter disappeared
- Wealthy art collector's son, 25, accused of trying to murder live
- Japan's economy shrank more than expected in the first quarter
- Bipartisan Senate group urges $32 billion in emergency spending on artificial intelligence
- Ogunbowale owns fourth quarter, Wings pull away from Sky 87