Current location:health >>
Target to lower prices on basic goods in response to inflation
health6People 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 Compass news portal”。http://mauritius.downmusic.org/news-20f399639.html
Related articles
Strictly star Giovanni Pernice's former partner Rose Ayling
healthGiovanni Pernice has been dealt a fresh blow after friend and former Strictly dance partner Rose Ayl ...
【health】
Read moreCulture Insider: The evolution of pillows in ancient China
healthA Song Dynasty ceramic pillow, depicting a toy puppet show, which is housed in the Henan Museum. [Ph ...
【health】
Read moreScholz to pay three
healthGermany's Chancellor Olaf Scholz will pay an official visit to China at the invitation of Premier Li ...
【health】
Read more
Popular articles
- Insider Q&A: CIA's chief technologist's cautious embrace of generative AI
- Chinese scientific expedition team returns safely to Mount Qomolangma base camp
- Mutianyu section of Great Wall
- Across China: Volkswagen Anhui rolls out targeted strategy to meet booming Chinese NEV market
- Who is Jacob Zuma, the former South African president disqualified from next week's election?
- U.S. advisory regarding China travel 'makes no sense'
Latest articles
Russian theater director and playwright go on trial over a play authorities say justifies terrorism
China sees improvements in logistics flow
China's sci
Xinhua Headlines: Xi Stresses Building Beautiful China, Advancing Modernization Featuring Human
Dodgers acquire pitcher Yohan Ramírez from Mets for cash
Xi Stresses Strengthening Farmland Protection, Quality Improvement
LINKS
- Britney Spears breaks silence after 'huge bust
- Britney Spears breaks silence after 'huge bust
- Sadie Sink flashes her bra in a sleek black co
- Diane Kruger exudes modern elegance in off
- Ashley Graham and Sam Smith go head
- Yankees ace Gerrit Cole throws 15 fastballs in first bullpen session since injuring elbow
- How major US stock indexes fared Friday, 5/3/2024
- Former Nickelodeon star Victoria Justice, 31, opens up about filming her first sex scene
- Cavaliers C Jarrett Allen ruled out for Game 6 of first
- Rep. Henry Cuellar of Texas vows to continue his bid for an 11th term despite bribery indictment