Current location:Global Glossary news portal > entertainment
Target to lower prices on basic goods in response to inflation
Global Glossary news portal2024-05-21 19:41:10【entertainment】6People 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://japan.liveandunplugged.org/news-97b599380.html
Very good!(98)
Related articles
- Liverpool confirms Arne Slot as Jurgen Klopp's replacement
- China to firmly support high
- Waiting for the collapse of the 'China collapse' prediction
- Chinese pianist Lang Lang honored with Hollywood Walk of Fame star
- Minnesota Uber and Lyft driver pay package beats deadline to win approval in Legislature
- China Focus: Record Qingming holiday box office heats up for May Day moviegoing frenzy
- Revealed: The great town hall betrayal. Humza made big promises
- Revealed: The great town hall betrayal. Humza made big promises
- Celebrity birthdays for the week of May 26
- Breaking through barriers
Popular articles
Recommended
Ben Whishaw lights up the Croisette as he joins his co
Asian film festival welcomes week of Chinese works
Royal Marines preparing to lead 'Dunkirk
Foreign specialties set up stalls at China International Fair for Trade in Services
Candice Swanepoel stuns in a form
Moment So You Think You Can Dance star fears she's suffered 'acid attack'
Youth in Xinjiang celebrated the coming of Spring Festival with song and dance
U.S. Inflation Reduction Act disrupts global industrial, supply chains
Links
- Dumb, dumber and dumbest! Idiot thieves steal van and take their masks off
- As the aristo
- China warns against US
- Sarah Paulson, 49, talks aging gracefully without Botox: 'I don't shoot anything into my face'
- Cost of privately renting homes rises by more than 9% in a year
- UK's Prince William returns to public duties for first time since Kate's cancer diagnosis
- Nokia sees double
- IDF forces are accused of beating and torturing captured Palestinians
- United Arab Emirates struggles to recover after heaviest recorded rainfall ever hits desert nation
- OJ Simpson's remains are cremated in Las Vegas as his lawyer reveals ex