Current location:Earth Encounters news portal > business
Target to lower prices on basic goods in response to inflation
Earth Encounters news portal2024-05-21 19:55:34【business】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://estonia.majalahburung.com/html-53d998982.html
Very good!(6316)
Related articles
- Messi in and Dybala out in Argentina squad for pre
- Cultural and Creative Products Fair Held in Tibet Museum
- China's Sci
- China to Build More Low
- Liverpool confirms Arne Slot as Jurgen Klopp's replacement
- Watermelon Sales Boost Villagers' Income in Rongjiang County, Guizhou
- China Tops World in Number of World Natural Heritage Sites
- Children Experience Different Activities During Summer Vacation Across China
- Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise
- Children Experience Agrarian Culture in Central China's Hunan
Popular articles
Recommended
Analysis: Larson enters conversation with Verstappen as best drivers in the world
Hongniya Village Takes Measures to Boost Rural Revitalization in Shandong
Schools in N China Organize After
China to Recruit 67,000 Rural Teachers This Year
‘The Blue Angels,’ filmed for IMAX, puts viewers in the ‘box’ with the elite flying squad
14th Straits Forum Kicks off in Xiamen, E China
China Vows to Raise Average Life Expectancy
Farmers Reap Winter Wheat in Gaomiaoli Village, East China's Shandong
Links
- Labour MP Jess Phillips admits she could LOSE her Birmingham seat if a pro
- Apple's new iPad advert featuring musical instruments being crushed is SLAMMED by critics
- Winner of North Macedonia's parliamentary election to seek governing coalition partner
- Amnesty urges FIFA to release compensation review for Qatar World Cup migrant workers
- Intruder tries to break into Drake's house one day after his security guard was shot outside
- Fascinating graphic shows exactly what ultra
- Myanmar: Civilian casualties rise as resistance forces tighten noose around military
- Ramón Fonseca, partner in firm at center of "Panama Papers" scandal, dies
- Wimbledon girls finalist suspended for doping on pro tour
- World Food Prize goes to 2 who helped protect vital seeds in an Arctic Circle vault