Current location:World Wave news portal > entertainment
Target to lower prices on basic goods in response to inflation
World Wave news portal2024-05-21 17:06:31【entertainment】2People 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://nepal.shellye-mcdaniel.com/news-19b399679.html
Very good!(9762)
Related articles
- 'Constantly learning' Imanaga off to impressive start with the Chicago Cubs
- 'We will not be silenced': Gisborne council backs Māori wards
- Chris Hipkins says sick children shouldn't be at school
- HK gov't declines to say how much funding it gave for 'Chubby Hearts'
- Not so Cool Britannia! Noel Gallagher gives damning verdict on Keir Starmer
- Dealing with fast spreading pest hits new milestone for Otago Regional Council
- 'Devil in the details' when considering biofuels
- Pope Francis calls for ceasefire in Gaza and Ukraine in Easter message
- Bella Hadid goes braless in a thigh
- Builders hope Resource Management Act change will speed up papakāinga developments
Popular articles
Recommended
‘The Blue Angels,’ filmed for IMAX, puts viewers in the ‘box’ with the elite flying squad
Biden administration imposes first
Department of Conservation proposes 130 job cuts
'Hardest Geezer' Russell Cook completes almost year
Philippines blames China for loss of giant clams in disputed shoal and urges environmental inquiry
Progress in Gaza truce talks in Cairo, Egypt's Al Qahera news says
Governor, Congress members to meet over support for rebuilding bridge
Hong Kong arts charity cancels deaf dance group performance
Links
- Outlook for China's energy transition released at COP28
- UConn's Aaliyah Edwards is ready to achieve her pro dream with WNBA draft around the corner
- China's consumer price index rises
- Turkish parliament to discuss Sweden's NATO bid next week
- NE China ports handle record high China
- Manufacturing PMI expands in March
- Tucker, Altuve combine for 5 RBIs as Astros use big 7th inning to down Rangers, 9
- Ethiopia says ready to play constructive role as new BRICS member
- Tucker, Altuve combine for 5 RBIs as Astros use big 7th inning to down Rangers, 9
- Hamas releases 5th batch of hostages from Gaza