Current location:entertainment >>
Target to lower prices on basic goods in response to inflation
entertainment61268People 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.“Cosmic Chronicle news portal”。http://kiribati.soorot.com/news-75b998932.html
Related articles
Red Lobster seeks bankruptcy protection after closing some restaurants
entertainmentRed Lobster, the casual dining chain that brought seafood to the masses with inventions like popcorn ...
Read moreIndia's ruling party wins 3 states' elections: preliminary poll
entertainment(Xinhua) 13:35, December 04, 2023NEW DELHI, Dec. 3 (Xinhua) -- India's main ruling party, the Bharat ...
Read moreBankruptcies in Japan rise for 19th month
entertainment(Xinhua) 13:13, December 18, 2023TOKYO, Dec. 17 (Xinhua) -- Corporate bankruptcies in Japan rose in ...
Read more
Popular articles
- Travis Kelce downs whiskey shot on slice of bread at Kelce Jam without Taylor Swift
- 3 people found shot to death in central Indiana apartment complex
- Cambodian PM to attend 4th Lancang
- Outlook for China's energy transition released at COP28
- Tom Brady and Jay
- WHO chief warns no functional hospital exists in north Gaza
Latest articles
Why US Catholics are planning pilgrimages in communities across the nation
Revenue of China's top liquor brand up 18.04 percent in 2023
Xinhua's top 10 world news events in 2023
Senegal launches sub
Candice Swanepoel stuns in a form
Two people die in south India amid heavy rains ahead of cyclone Michaung
LINKS
- Here comes the char
- Lynn Williams breaks NWSL goal
- Baby Reindeer's real
- Shooting injures 2 at Missouri high school graduation ceremony
- Messi in and Dybala out in Argentina squad for pre
- I was 'brokefished' by my friend for £400
- Not so Cool Britannia! Noel Gallagher gives damning verdict on Keir Starmer
- Amir Khan's £11.5m luxury wedding venue finally hosts its first marriage: Bride arrives on horse
- Who is Jacob Zuma, the former South African president disqualified from next week's election?
- Candice Swanepoel stuns in a form