Current location:style >>
Target to lower prices on basic goods in response to inflation
style41331People 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 Chronicle news portal”。http://sanmarino.camilleandconfettis.com/html-19d899127.html
Related articles
Fresh heartache for cancer
styleCancer-stricken King Charles will be feeling fresh heartache after a former IRA commander confessed ...
【style】
Read moreEthnic army intercepts junta offensive on Thai
styleAn ethnic armed group intercepted a junta retaliation near the Thai-Myanmar border on Thursday, acco ...
【style】
Read moreWhat does Europe want from China?
styleBEIJING (AP) — Europe wants two things from China: First, a shift in its relatively pro-Russia posit ...
【style】
Read more
Popular articles
- Yvette Fielding says her Most Haunted co
- Having a stressful job could stave off dementia, according to new analysis
- New Black congressional district in Louisiana bows to politics, not race, backers say
- Arsenal crash OUT of the Champions League after losing to Harry Kane's Bayern Munich in the quarter
- Jessica Biel CHOPS her long locks into a bob after book signing in Studio City
- Denver Nuggets realize defending their NBA championship will be a tough task in improved West
Latest articles
Four people killed in a house explosion in southwestern Missouri
Cost of privately renting homes rises by more than 9% in a year
Kim Kardashian showcases signature curves in tiny black bikini as she inexplicably dives into knee
Dutch King Willem
Nadal returns to Roland Garros to practice amid doubts over fitness and form
PSG star Tabitha Chawinga of Malawi overcomes obstacles en route to Champions League success
LINKS
- Offering a chair to older colleague at work could count as age discrimination, judge rules
- Gay Games Hong Kong unfazed by potential censorship, organiser says
- Russia election: Arrests for vandalism as ballot boxes targeted in Putin vote
- One dead in Northland crash
- VOX POPULI: Radiation lingers even 70 years after H
- VOX POPULI: ‘Dandara’ puns still entertain amid destroyed shops of Wajima
- Donald Trump's Georgia judge dismisses some criminal charges
- Hong Kong lawmaker's petition opposing Gay Games is prejudiced, activist says
- SWAT team pulls suspect out of car after standoff in grocery store parking lot
- Judge rejects Trump free speech challenge to Georgia 2020 election case