Current location:travel >>
Target to lower prices on basic goods in response to inflation
travel64645People 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.“World Window news portal”。http://eritrea.shellye-mcdaniel.com/article-75b499514.html
Related articles
With Djokovic awaiting the winner, Murray trails Hanfmann at rain
travelGENEVA (AP) — Needing a win to face Novak Djokovic next at the Geneva Open, Andy Murray was saved by ...
【travel】
Read moreXi Presides over Meeting on Economic Work
travelContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【travel】
Read moreZhongyuan Town in E China revitalized through economic transformation, upgrading
travelTourists go for a walk in Sanping Village of Zhongyuan Town in Jing'an County, east China's Jiangxi ...
【travel】
Read more
Popular articles
- Cruise worker 'murders newborn son on board ship': Shocked co
- A glimpse of lotus flowers in China
- Russian Scholars Say Xi Jinping's Economic Thought Offers Wisdom to Global Development
- Xi Extends Condolences to Angolan President over Disastrous Heavy Rains
- Iran helicopter crash that killed President Raisi could reverberate across the Middle East
- Xi Meets with Senior CPV Official
Latest articles
Minnesota Uber and Lyft driver pay package beats deadline to win approval in Legislature
Xinhua Commentary: Major Powers Should Work with China for Political Settlement of Ukraine Crisis
China Focus: Chinese Leadership Analyzes Economic Situation, Work
Xi Focus: Xi Calls for Making Beijing
Storms damage homes in Oklahoma and Kansas. But in Houston, most power is restored
Russian Scholars Say Xi Jinping's Economic Thought Offers Wisdom to Global Development
LINKS
- Oscars 2024: Barbie's Greta Gerwig and Margot Robbie miss key nominations
- US to seek death penalty against white supremacist Buffalo shooter
- EDITORIAL: BOJ must ensure price stability after change in monetary policy
- Group calls on goverment to withdraw Accessibility for New Zealanders Bill
- Call for schools soft drink ban renewed after government implements cellphone ban
- Judge declines to delay Trump hush money trial over publicity complaints
- US blocks ceasefire call with third UN veto in Israel
- Japan unexpectedly slips into a recession
- Community housing developments stall as government funding not guaranteed
- Brace yourselves, Married At First Sight is back