Current location:Earth Echo news portal > sport
Target to lower prices on basic goods in response to inflation
Earth Echo news portal2024-05-21 14:38:47【sport】6People 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://morocco.shellye-mcdaniel.com/article-42a499507.html
Very good!(716)
Related articles
- Supreme Court declines to hear challenge to Maryland ban on rifles known as assault weapons
- UN Security Council adopts first cease
- Trilateral talks to bolster ties
- China, France pledge closer ties
- The government wants to buy their flood
- World reaction to the terror attack in Moscow
- France raises terror level after Moscow shooting
- Official urges more efforts to boost cross
- Everybody may love Raymond, but Ray Romano loves Peter Boyle
- Xi meets Dominican PM
Popular articles
Recommended
Burglar hurled stolen mobile phones at police from the top of 60ft high roof during nine
Xi calls for more China
Indonesian president
Israel pulls troops out of southern Gaza
Revealed: Brit tourist, 19, subjected to sex attack in Majorca 'was gang
UN's Gaza resolution welcomed
Xi meets U.S. guests
Xi holds talks with Indonesia's president
Links
- Brandon Pfaadt strikes out career
- Brandon Pfaadt strikes out career
- Pope visits Venice to speak to the artists and inmates behind the Biennale's must
- Inter Milan celebrates winning Serie A title with victory over Torino
- Hawaii military family sues over jet fuel leak into Navy water system
- Body of climber recovered after 1,000
- Wild onion dinners mark the turn of the season in Indian Country
- The Canucks are starting a 3rd different goalie, Arturs Silovs, in Game 4 of series with Predators
- German police arrest a Russian man in connection with the fatal stabbings of 2 Ukrainian men
- A Florida sheriff says 10 people were wounded by gunfire after a fight broke out at a party venue