Current location:Global Grandstand news portal > politics
Target to lower prices on basic goods in response to inflation
Global Grandstand news portal2024-05-21 19:32:04【politics】7People 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://gambia.fightbigfood.org/html-64f699304.html
Very good!(56)
Related articles
- Shooting injures 2 at Missouri high school graduation ceremony
- Courteney Cox reveals her late Friends co
- Chris Pratt relies on 'wisdom' of father
- Ben Affleck puts his wedding ring back on as he returns to Brentwood rental wearing the band
- Storms damage homes in Oklahoma and Kansas. But in Houston, most power is restored
- What is chaos gardening? The new low
- Iran helicopter crash: Rescuers say 'No sign of life' at chopper crash site
- Ben Affleck puts his wedding ring back on as he returns to Brentwood rental wearing the band
- Kristin Cavallari, 37, ignores critics of her age
- ALISON BOSHOFF: Liz Taylor's shocking claim from beyond the grave...
Popular articles
Recommended
Yvette Fielding says her Most Haunted co
China is source of growth and innovation: says Danone CEO
Will AI replace doctors who read X
The Islamic State claims attack in Afghanistan that killed 3 Spanish citizens and 3 Afghans
The unstoppable duo of Emma Stone and Yorgos Lanthimos
Kevin Costner praises his Horizon co
Bradley Cooper branded 'desperate' after studio submits his TWO
Thomas Detry's late birdie assured him of a top
Links
- 'Taiwan Relations Act' illegal and invalid, says mainland spokeswoman
- China's electricity use mirrors economic recovery
- Xi Jinping meets Ma Ying
- Xi holds talks with Surinamese president
- Xi Focus: Xi Stresses Enhancing Party Leadership over Armed Forces
- UN General Assembly resolution demands end of U.S. embargo on Cuba
- HK vibrant with celebratory atmosphere ahead of 25th anniversary of return to motherland
- Xi Inspects SW China's Sichuan
- China, Suriname to boost relations
- Blueberries enter harvest season in China's Guizhou