Current location:politics >>
Target to lower prices on basic goods in response to inflation
politics7People 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.“Cosmic Compass news portal”。http://lebanon.olivelawfirm.net/content-08a799247.html
Related articles
Minnesota Uber and Lyft driver pay package beats deadline to win approval in Legislature
politicsST. PAUL, Minn. (AP) — A plan to boost pay for Uber and Lyft drivers in Minnesota that lawmakers bel ...
【politics】
Read moreAntiques Roadshow guest is left shell
politicsAn Antiques Roadshow guest was left shell-shocked by the valuation of her grandmother's childhood do ...
【politics】
Read moreChina eases int'l travel to meet outbound tourism demand
politicsBEIJING, May 19 (Xinhua) -- In early April, Xiao Ying and her husband embarked on a flight from Beij ...
【politics】
Read more
Popular articles
- Cruise worker 'murders newborn son on board ship': Shocked co
- The reason WHY Beyonce's hit Cowboy Carter album wasn't nominated at the 2024 ACM Awards
- Jim Otto, 'Mr. Raider' and Pro Football Hall of Famer, dies at 86
- Condition of Slovakia's prime minister improves following an assassination attempt
- Minnesota Uber and Lyft driver pay package beats deadline to win approval in Legislature
- Jim Otto, 'Mr. Raider' and Pro Football Hall of Famer, dies at 86
Latest articles
LINKS
- I'm a cruise ship worker
- Inside the flagship Disneyland Hotel in Paris
- I'm a chef living on a superyacht
- The world's quirkiest themed cruises revealed, from a nude cruise to a voyage for cat
- Surviving inhabitants of top secret Soviet
- Former resident aboard world's most exclusive invite
- Revealed: The secret male
- Jetstar passenger left speechless after flight attendant knocked back his simple request
- The ultimate guide to 101 FREE Easter treats taking place across Britain
- I travelled to Milan for a night out