Current location:world >>
Target to lower prices on basic goods in response to inflation
world826People 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.“Global Glance news portal”。http://tokelau.adventistmissionjapan.org/article-64e299645.html
Related articles
Supreme Court declines to hear challenge to Maryland ban on rifles known as assault weapons
worldWASHINGTON (AP) — The Supreme Court on Monday declined, for now, to hear a challenge to a Maryland l ...
【world】
Read moreLynn earns his first win in second stint with Cards, who beat A's before season
worldOAKLAND, Calif. (AP) — Lance Lynn earned his first win for the St. Louis Cardinals in seven years, a ...
【world】
Read moreCBS will re
worldFans watching CBS' Billy Joel: The 100th - Live at Madison Square Garden on the Eastern and Central ...
【world】
Read more
Popular articles
- With Djokovic awaiting the winner, Murray trails Hanfmann at rain
- The Latest
- Japan records a trade deficit for the third straight fiscal year despite recovering exports
- EDEN CONFIDENTIAL: Princess Martha Louise of Norway blasts 'lies' about her love guru fiance
- 'The Apprentice,' about a young Donald Trump, premieres in Cannes
- Amed Rosario's RBI infield single in the 13th inning lifts the Rays to a 7
Latest articles
Russian theater director and playwright go on trial over a play authorities say justifies terrorism
José Ramírez gets key hit to help the Guardians beat the Red Sox 10
Rita Ora covers her face with a $28,000 handbag as she arrives at Sydney Airport
Thailand and New Zealand vow to strengthen economic ties as they set lofty new trade goals
Insider Q&A: CIA's chief technologist's cautious embrace of generative AI
Reynaldo López pitches 6 scoreless innings, Braves beat Astros 6
LINKS
- Xinhua Headlines: Chinese, Nauruan Presidents Hold Talks for 1st Time Since Resuming Ties
- Nation's NEV output hits milestone
- China vows to serve as world's stabilizing force
- China eyes increased investment in rural NEV charging facilities
- Xi Extends Condolences to Putin over Deadly Moscow Concert Hall Terror Attack
- Top HK official vows to advance Article 23 legislation at full speed
- China to launch construction, expansion of major cultural facilities
- China making its mark in global services trade
- Wang urges UK to take ties back on track
- China's role as global stabilizing force highlighted at MSC 2024