Current location:Planet Perspectives news portal > world
Target to lower prices on basic goods in response to inflation
Planet Perspectives news portal2024-05-21 06:25:32【world】9People 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://iran.arnoldview.org/news-75f299634.html
Very good!(83728)
Related articles
- Hollywood star Shia LaBeouf is spotted on the streets of Gavin and Stacey's hometown Barry
- China Plans to Expand National Park System
- China Steps up Minors Protection on Campus
- Young People More Keen on Flexible Work
- Everybody may love Raymond, but Ray Romano loves Peter Boyle
- China's Women Jump to Second Place in FIBA World Rankings
- Xinhua Headlines: China Sees New Year Consumption Recovery, Eyes 2023 Growth
- 5th CIIE Attracts 145 Countries, Regions, Int'l Organizations
- Siblings trying to make US water polo teams for Paris Olympics
- Ethnic Minority Group in China's Heilongjiang Welcomes Upcoming Chinese Lunar New Year
Popular articles
Recommended
Lynn Williams breaks NWSL goal
Ethnic Minority Group in China's Heilongjiang Welcomes Upcoming Chinese Lunar New Year
China to End Use of Digital Travel Code Starting Tuesday
China to Livestream Class from Space Station Lab Module
Jessica Biel CHOPS her long locks into a bob after book signing in Studio City
Medical Experts Provide Free Medical Services for Villagers in S China's Guangxi
China Actively Optimizes COVID
China's Ice
Links
- NYC policy on how long migrant families can stay in shelters was 'haphazard,' audit finds
- Ringleader of extreme body modifications cult who made £300,000 from his pay
- PGA CHAMPIONSHIP '24: Justin Thomas gets rare experience playing a major in his hometown
- It's not a matter of if a hurricane will hit Florida, but when, forecasters say
- Win for Nice, draw for Brest keeps both clubs in fight for French Champions League spot
- Framber Valdez pitches 7 strong innings and Astros use a late 4
- Seattle man is suspected of fatally shooting 9
- Olympics: Flavor Flav official hype man for US women's water polo team
- Rishi Sunak tells university bosses to show 'zero tolerance' towards anti
- BoE holds interest rates at 16