Current location:business >>
Target to lower prices on basic goods in response to inflation
business3People 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.“Stellar Sights news portal”。http://brazil.bahnsport.org/html-64e899046.html
Related articles
Bella Hadid goes braless in a thigh
businessShe is one of America's most recognisable fashion models.And Bella Hadid continued to show why she i ...
【business】
Read moreGeorgia Republican files for divorce from glamorous oncologist after seven children
businessAfter 12 years of marriage and less than two years into his congressional career, Georgia Republica ...
【business】
Read moreVenezuela's barred opposition candidate is now the fiery surrogate of her lesser
businessSABANA DE MENDOZA, Venezuela (AP) — At an intersection packed in four directions, rallygoers scream ...
【business】
Read more
Popular articles
- Nadal returns to Roland Garros to practice amid doubts over fitness and form
- AP Week in Pictures: Europe and Africa
- Terrifying moment knife
- Turkey's Erdogan pardons elderly generals imprisoned over 1997 'postmodern coup'
- Saudi Arabia is going to sponsor the WTA women's tennis rankings under a new partnership
- Yemen's Houthi rebels claim shooting down another US MQ
Latest articles
Revealed: Brit tourist, 19, subjected to sex attack in Majorca 'was gang
Terrifying moment knife
Your garden waste is anti
The millennials taking over 'pensioner paradises': How 'Down From Londons' and under
Biden says Brown v. Board of Education ruling was about more than education
SAS legend Chris Ryan warns Britain needs a bigger 'professional Army
LINKS
- Shenzhen Makes Efforts to Help Autistic Youths Integrate into Society, Chase Dreams
- Women Aerospace Scientists Share Sci
- Book on People
- Chinese artistic swim sister duo bags back
- District Requires Infringements on Women's Rights, Interests Be Reported
- Chongqing Establishes Family Education Guidance Mechanisms
- China Improving Treatments for Mothers and Newborns
- Chinese embassy rebuffs US
- German, Chinese Students Unite in Chinese Painting at Qingdao No. 9 High School
- 45 killed in South Africa bus crash