Current location:International Intuition news portal > opinions
Target to lower prices on basic goods in response to inflation
International Intuition news portal2024-05-21 18:10:25【opinions】1People 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://anguilla.ultrasupramonte.com/article-19a399671.html
Very good!(2111)
Related articles
- Siblings trying to make US water polo teams for Paris Olympics
- The easily missed detail in the photos of Queen Mary's children
- Vibrant festival highlights cultural charm of various Chinese ethnic groups
- Terry Anderson, AP reporter abducted in Lebanon and held captive for years, has died at 76
- Four people killed in a house explosion in southwestern Missouri
- Jokic is trying to stay on top and Embiid is trying to stay on the court
- Iran's supreme leader acknowledges it hit little in Israel attack
- How Phish is using the Las Vegas Sphere's technology
- Insider Q&A: CIA's chief technologist's cautious embrace of generative AI
- Moment 'Hardest Geezer' crosses the finish line at the London Marathon in 4hrs 25mins
Popular articles
Recommended
The government wants to buy their flood
A dazzling legacy
Red Stars win at Reign. Angel City tops Courage for its first home win of the year
ANDREW PIERCE: Will Keir criticism see Mandy back in the wilderness?
Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise
Oil consumption back to 2019 levels
Polish voters choose mayors in hundreds of cities in runoff election
Beijing base to bring in 50 giant pandas in 2025
Links
- Thiago Silva to return to Brazilian club Fluminense after leaving Chelsea at the end of the season
- Mother throws her disabled six
- Rainfall allows Spain's Catalonia to ease water restrictions for 1st time during drought
- Mobile home explodes in Minnesota, killing 2 people, sheriff's office says
- Rainfall allows Spain's Catalonia to ease water restrictions for 1st time during drought
- Oklahoma State hires Olympic gold medalist David Taylor as wrestling coach
- Stars quickly go from tight series over reigning Cup champ to big
- Teacher Appreciation Week: Schools subsidize on
- Liberal icon Bernie Sanders is running for Senate reelection, squelching retirement rumors
- Vladimir Putin is sworn in for his fifth term as president at glittering ceremony in front of hand