Current location:world >>
Target to lower prices on basic goods in response to inflation
world799People 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.“Stellar Station news portal”。http://malta.cassettedesign.com/news-75e599401.html
Related articles
Jessica Biel CHOPS her long locks into a bob after book signing in Studio City
worldJessica Biel unveiled a dramatic hair transformation - from chest-length locks to a short bob - on S ...
【world】
Read moreDivisive? Not for moviegoers. ‘Civil War’ declares victory at box office.
worldAlex Garland’s provocative “ Civil War ” didn’t only ignite the discourse. The film also inspired au ...
【world】
Read moreNews organizations urge Biden and Trump to commit to presidential debates during the 2024 campaign
worldNEW YORK (AP) — Twelve news organizations on Sunday urged presumptive presidential nominees Joe Bide ...
【world】
Read more
Popular articles
- French sports minister calls for sanctions after Monaco player tapes over anti
- China to boost private school education with retired teachers
- Dog owners to shoulder all responsibility if banned large dog injures someone: top court
- 39 killed in deadly building fire in Jiangxi
- Shohei Ohtani's first walk
- Lee hails competitive HK vote
Latest articles
LINKS
- Te reo Māori: Govt seeks to halt extra pay for public servants fluent in the language
- Former Pakistan PM Imran Khan gets 10
- Te reo Māori: Govt seeks to halt extra pay for public servants fluent in the language
- Free trade deal with India challenging but not impossible
- Judges sceptical of Trump's immunity claim in election subversion case
- UK economy fell into recession as people cut spending
- What we're watching: The Great
- Judges sceptical of Trump's immunity claim in election subversion case
- Five rescued after yacht runs aground on Banks Peninsula
- Severe heatwave in eastern Australia to bring hottest weather in four years to NSW