Current location:Culture Connection news portal > travel
Target to lower prices on basic goods in response to inflation
Culture Connection news portal2024-05-21 18:15:47【travel】9People 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://peru.shellye-mcdaniel.com/article-20f499560.html
Very good!(16219)
Related articles
- Georgia Republicans choose Amy Kremer, organizer of pro
- Man City vs. Real Madrid could hinge on the fitness of one player. Just ask Vinicius Jr.
- Zheng eases past Cîrstea in Stuttgart opener after long trip from China. Paolini also through
- Palestinian death toll in Gaza rises to 33,729: Ministry
- Trump accepts a VP debate but wants it on Fox News. Harris has already said yes to CBS
- Xi inspects Changsha in central China's Hunan Province
- Tennessee judge set to decide whether a Nashville school shooter's journals are public records
- Coverage of China's basic medical insurance stable
- Trump accepts a VP debate but wants it on Fox News. Harris has already said yes to CBS
- Palestinian death toll in Gaza rises to 32,414
Popular articles
- The unstoppable duo of Emma Stone and Yorgos Lanthimos
- Asian CL semifinal postponed in United Arab Emirates after flooding caused by heavy rain
- Courtney Love is hit by angry backlash from Taylor Swift fans after branding singer 'unimportant'
- Belgian police shut down a far right conference as it rallies ahead of Europe's June elections
Recommended
Candice Swanepoel stuns in a form
Hockey business is booming as the NHL bounces back from the pandemic in a big way
Ohio man fatally shot Uber driver after scammers targeted both of them, authorities say
Artworks shine at the international consumer products expo
Six killed in a 'foiled coup' in Congo, the army says
Courtney Love is hit by angry backlash from Taylor Swift fans after branding singer 'unimportant'
Palestinian death toll in Gaza rises to 32,414
Supreme Court gives some military veterans more generous educational benefits
Links
- Russia critic Kara
- Spurs' Victor Wembanyama named NBA Rookie of the Year
- Guardians place AL
- Trump faces jail threat over gag order as prosecutors zero in on transactions at heart of the case
- Lidia Bastianich, Melody Thomas Scott and Ed Scott to receive Daytime Emmys lifetime achievement
- This is the surprising risk of Ozempic NO ONE talks about
- Redfin agrees to pay $9.25 million to settle real estate broker commission lawsuits
- Judges ask whether lawmakers could draw up new House map in time for this year's elections
- Redfin agrees to pay $9.25 million to settle real estate broker commission lawsuits
- Harper homers, Wheeler strikes out 11 as Phillies complete 4