Current location:International Intrigue news portal > sport
Target to lower prices on basic goods in response to inflation
International Intrigue news portal2024-05-21 08:45:32【sport】0People 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://newzealand.spaceforanything.com/content-97b399872.html
Very good!(42715)
Related articles
- 'Constantly learning' Imanaga off to impressive start with the Chicago Cubs
- Eva Longoria is sheer perfection in see
- Iraqi parliament fails to elect new speaker
- King Charles' personal wealth jumps by £10m to £610m
- Dodgers acquire pitcher Yohan Ramírez from Mets for cash
- Inside the race for the world's first MILE
- Olivia Rodrigo fans queue up for 12 HOURS to buy tickets for her Australian Guts 2024 tour amid sky
- Chris Hemsworth set to be honoured with a star on the iconic Hollywood Walk of Fame
- Brazil replaces injured goalkeeper Ederson in Copa America squad
- Galatasaray must wait to seal Turkish league title after home loss to fierce rival Fenerbahce
Popular articles
Recommended
'The Apprentice,' about a young Donald Trump, premieres in Cannes
China's AG600 large amphibious aircraft advances toward certification
U.S. move of tariff hikes sets bad example for free trade
Shohei Ohtani delivers a walk
Ben Whishaw lights up the Croisette as he joins his co
SW China's Guizhou issues certificate of origin under China
Exclusive: How a Nigerian king who Harry hailed as one of his 'new in
Chris Pratt relies on 'wisdom' of father
Links
- Asian CL semifinal postponed in United Arab Emirates after flooding caused by heavy rain
- Lawyer for former top lawmaker in Michigan House expects he will be charged
- Pochettino says Chelsea players behaved like ‘kids’ when squabbling over who took a penalty
- EU, G7 leaders urge preventing escalation in Mideast
- Presidium of China's annual legislative session holds 3rd meeting
- Lucy Boynton turns heads in two eye
- Apprentice fans surprised to see cameraman filming from a wheelchair
- Schedule for China's NPC session on March 11
- Nelly Furtado wears NO underwear in racy lace
- National defense ministry slams 'Taiwan independence' separatists