Current location:politics >>
Target to lower prices on basic goods in response to inflation
politics13People 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 Corner news portal”。http://congodemocraticrepublicofthe.tom-paine.com/content-53a399609.html
Related articles
Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise
politicsST. PAUL, Minn. (AP) — Uber and Lyft plan to keep operating in Minnesota after the state Legislature ...
【politics】
Read moreThe three missed opportunities to save Arthur Labinjo
politicsPolice and social services missed three critical chances to save the life of six-year-old Arthur Lab ...
【politics】
Read more'Love triangle' row over a woman saw man, 37, stabbed to death by his rival, 43, in front of a seven
politicsA man was stabbed to death in front of a seven-year-old boy during a 'massive fight' with his love t ...
【politics】
Read more
Popular articles
- The government wants to buy their flood
- China and Cambodia begin 15
- Deliveroo transports food to customers in west London on penny farthing bicycle from 1880s
- Deliveroo transports food to customers in west London on penny farthing bicycle from 1880s
- Student fatally shot, suspect detained at Georgia's Kennesaw State University
- The three missed opportunities to save Arthur Labinjo
Latest articles
Jessica Biel CHOPS her long locks into a bob after book signing in Studio City
VP Harris was gifted tickets to Beyoncé's show by the artist herself
Scottish Widows gave my ex
Europe on the edge as assassination attempt on pro
Socialite Jasmine Hartin enjoys beach snuggle with electrician hunk
Robert Fico: Slovakian leader is in stable but serious condition, hospital says
LINKS
- Trump accepts a VP debate but wants it on Fox News. Harris has already said yes to CBS
- Iran helicopter crash that killed President Raisi could reverberate across the Middle East
- Celebrity birthdays for the week of May 26
- What's next for Iran after death of its president in crash?
- With Djokovic awaiting the winner, Murray trails Hanfmann at rain
- Six killed in a 'foiled coup' in Congo, the army says
- I was 'brokefished' by my friend for £400
- Mystery artist who erected signs comparing pothole
- Socialite Jasmine Hartin enjoys beach snuggle with electrician hunk
- The government wants to buy their flood