Current location:politics >>
Target to lower prices on basic goods in response to inflation
politics47218People 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.“Culture Clutch news portal”。http://unitedkingdom.spaceforanything.com/news-42e199829.html
Related articles
Here comes the char
politicsTom Holland enjoyed a post-show cup of tea and proudly waved to fans as he left the Duke of York's T ...
【politics】
Read moreI was single for six years because I'm too hot to date and men are 'scared off' by my good looks
politicsA woman claims she was single for six years because she's too hot to date, and men are intimidated b ...
【politics】
Read moreJeff Bridges, 73, returning for Tron: Ares nearly 42 YEARS after original Disney sci
politicsJeff Bridges is poised to reprise his role for Tron: Ares, marking his third appearance in Disney's ...
【politics】
Read more
Popular articles
Latest articles
Company wins court ruling to continue development of Michigan factory serving EV industry
Johnston scores again and Stars beat Golden Knights 4
AI data training supported by domestic chips, supercomputers
Zack Norman dead at 83: Romancing The Stone star who played crocodile
Analysis: Larson enters conversation with Verstappen as best drivers in the world
Biden administration issues new rules on airline fees and refunds
LINKS
- HKFP Lens: Artist displays 'overlapping memories' of Hong Kong and UK on film
- Michigan school shooter's mother convicted of manslaughter
- Grant Robertson, the consummate political support partner
- Auckland protesters hold empty plates to highlight hunger in Gaza
- Red Sea attacks: Sheep and cattle left stranded off Australia's coast
- Rare PINK elephant is captured playing in a South African waterhole
- Coronavirus: Documentary claims to expose Chinese COVID
- Hong Kong Book Fair: Two local publishers keep titles on sale despite security law complaints
- REVEALED: The worst airports in the US
- Crackdown on phone scammers leads to cutback in victim numbers