Current location:Cosmic Chronicle news portal > world
Target to lower prices on basic goods in response to inflation
Cosmic Chronicle news portal2024-05-21 14:53:09【world】4People 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://brunei.unhasdecoradas.org/content-86a399612.html
Very good!(8936)
Related articles
- ‘The Blue Angels,’ filmed for IMAX, puts viewers in the ‘box’ with the elite flying squad
- Roku will stream MLB games on Sundays. What to know
- China's tech giant Huawei hosts cloud database summit in Thailand
- Baseball returning to the Atlanta site where Hank Aaron hit his 715th home run
- Everybody may love Raymond, but Ray Romano loves Peter Boyle
- China to initiate issuance of ultra
- Naylor brothers key big frame for Guardians in 7
- Piers Morgan slams Netflix for 'failing in their duty of care' to Baby Reindeer's 'real
- 'Constantly learning' Imanaga off to impressive start with the Chicago Cubs
- Tesla's new mega factory project in Shanghai granted construction permit
Popular articles
- Election 2024: Biden and Trump bypassed the Commission on Presidential Debates
- Sweltering heat across Asia was 45 times more likely because of climate change, study finds
- Final Preakness at Pimlico before rebuilding stirs nostalgia mixed with relief for needed fixes
- Real Madrid presents Spanish league trophy to fans and then routs Alaves 5
Recommended
Devout Christian doctor, 68, who punched dementia
Final Preakness at Pimlico before rebuilding stirs nostalgia mixed with relief for needed fixes
Prince Harry and Meghan Markle land back in LA at end of 'semi
Latest US inflation report may provide clues to future path of prices and interest rates
Philippines blames China for loss of giant clams in disputed shoal and urges environmental inquiry
Movie armorer appeals conviction in fatal shooting of cinematographer by Alec Baldwin
Two Romanian fly
Movie armorer appeals conviction in fatal shooting of cinematographer by Alec Baldwin
Links
- McBride helps Knicks cruise past Raptors 145
- Pic Story: NPC Deputy Focuses on Rural Vitalization
- Embroidery Revival Pays off in Rural Hubei County
- Chinese Artistic Swim Sister Duo Bags Back
- China Wins 6th Straight Women's Title at Table Tennis Team Worlds
- Knitting Teacher Casts off Gloom
- Young Woman in NE China's Heilongjiang Uses Internet to Bring Wealth to Villagers
- Young Woman in NE China's Heilongjiang Uses Internet to Bring Wealth to Villagers
- Across China: Hainan's Ethnic Tea Grower Strives for Collective Prosperity
- Village Official Leads Farmers in Promoting Rural Revitalization