Current location:opinions >>
Target to lower prices on basic goods in response to inflation
opinions589People 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.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Culture Circuit news portal”。http://britishindianoceanterritory.tom-paine.com/news-86f499460.html
Related articles
Ship that caused Baltimore bridge collapse has been refloated
opinionsBALTIMORE (AP) — The container ship that caused the deadly collapse of Baltimore’s Francis Scott Key ...
【opinions】
Read moreTraditional Ethnic Culture Enjoys Modern Glory on School Campuses
opinionsContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【opinions】
Read moreChina Celebrates National Day with Jubilation and Hope
opinionsContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【opinions】
Read more
Popular articles
- Sweden beats France, Britain relegated after losing to Norway at hockey worlds
- Model Workers to Counsel the Young
- China Beats Japan to Retain Asiad Women's Volleyball Title
- Apps simplify expense steps for foreign users
- 'The Apprentice,' about a young Donald Trump, premieres in Cannes
- Authorities Plan Major HPV Vaccine Drive
Latest articles
Georgia Republicans choose Amy Kremer, organizer of pro
Nursing Home in E China's Hangzhou Recruits Young People to Accompany Elderly People
Milestone Chinese Summer Box Office Earnings Inject Confidence, Mirror Quality Advances
Exhibition of Healthcare Services at 2023 CIFTIS
Saudi Arabia is going to sponsor the WTA women's tennis rankings under a new partnership
Local People Welcome Tourists in Taxkorgan, Xinjiang
LINKS
- Ipswich back in the Premier League for first time since 2002. Tom Brady's Birmingham relegated
- Drake releases ANOTHER Kendrick Lamar diss track
- Luciano Acosta scores for 3rd consecutive game, Cincinnati beats Orlando City 1
- Alabama state senator chides male colleagues for letting parental leave bill die
- How an injury
- It's Cinco de Mayo time, and festivities are planned across the US. But in Mexico, not so much
- How American protests came to be loved and loathed
- McGlynn scores in second half, helps Union earn 2
- Alabama state senator chides male colleagues for letting parental leave bill die
- Putin begins a new era of extraordinary power in Russia