Current location:travel >>
Target to lower prices on basic goods in response to inflation
travel88People 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.“International Insights news portal”。http://guinea-bissau.adventistmissionjapan.org/article-64f399634.html
Related articles
Analysis: Larson enters conversation with Verstappen as best drivers in the world
travelINDIANAPOLIS (AP) — Ask almost any hardcore motorsports fan who the best driver in the world is righ ...
【travel】
Read moreThe ship that brought down a Baltimore bridge to be removed from collapse site in the coming weeks
travelBALTIMORE (AP) — At the site of the Francis Scott Key Bridge collapse, crews plan to refloat and rem ...
【travel】
Read moreHomeless families face limits on shelter stays as Massachusetts grapples with migrant influx
travelBOSTON (AP) — Massachusetts will begin limiting how long homeless families can stay in shelters as t ...
【travel】
Read more
Popular articles
- Here comes the char
- Bayern stars Musiala, Sané fit enough to start against Real Madrid in Champions League
- Rangers' Max Scherzer scratched from 2nd scheduled rehab start because of sore thumb
- Capitals' T.J. Oshie hopes to play next season
- Student fatally shot, suspect detained at Georgia's Kennesaw State University
- Whoopi Goldberg fights back tears as The View host defends 'mad' student protesters
Latest articles
A warrant for Netanyahu’s arrest was requested. But no decision was made about whether to issue it
Rapper Quavo is mercilessly mocked after only a handful of fans turn up for Connecticut show
Rangers' Max Scherzer scratched from 2nd scheduled rehab start because of sore thumb
Eli Lilly, 3M rise; MicroStrategy, Chegg fall, Tuesday, 4/30/2024
Student fatally shot, suspect detained at Georgia's Kennesaw State University
Trump hush money trial: What to know as week 2 of testimony opens
LINKS
- Labor laws largely exclude nannies. Some are banding together to protect themselves
- Missouri lawmakers renew crucial $4B Medicaid tax program
- Revealed: Queen Camilla's immediate reaction to seeing King Charles' portrait for the first time
- Supreme Court orders Louisiana to use congressional map with additional Black district
- Baby Reindeer's 'real
- Welcome to Wrexham is officially renewed for a fourth season
- Umpire Jim Wolf pulled for precautionary reasons after taking foul ball off facemask
- PSG ends slump with 2
- Revealed: Queen Camilla's immediate reaction to seeing King Charles' portrait for the first time
- A greasy, monumental ritual at the Naval Academy ends after more than 2 hours