Current location:International Inklings news portal > travel
Target to lower prices on basic goods in response to inflation
International Inklings news portal2024-05-21 14:37:19【travel】5People 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://malawi.bahnsport.org/html-08b699327.html
Very good!(54863)
Related articles
- Kevin Pillar gets 1,000th career hit in Angels' win at Texas
- Is taking a Nile river cruise in Egypt worth it? I filmed my five
- Travel insiders' expert tricks to get a FREE upgrade on your holiday
- Inside Lausanne
- US overdose deaths dropped in 2023, the first time since 2018
- Move over Mykonos! Paros is far more laid
- I discovered that living in this five
- Now THAT'S a room with a view: Inside the St Regis Abu Dhabi
- Amir Khan's £11.5m luxury wedding venue finally hosts its first marriage: Bride arrives on horse
- China's Xi Jinping delivers unexpected speech at UN hours after US President Joe Biden speaks
Popular articles
- Not so Cool Britannia! Noel Gallagher gives damning verdict on Keir Starmer
- United Airlines flight is forced to DIVERT after a dog POOPED in first class aisle
- Elon Musk says AI has 'more positives than negatives' as he launches his own anti
- HKFP Lens: Hong Kong press group announces winners of annual news photo contest
Recommended
Revealed: Brit tourist, 19, subjected to sex attack in Majorca 'was gang
Why Jimmy Mitchell's happy snap of his family boarding a plane saw him booted from a Jetstar flight
I've been hit with 40 driving penalties in London
How to sort your pension and Isa before the tax year ends: This is Money podcast
Ship that caused Baltimore bridge collapse has been refloated
With table service and spacious seats, why going by train with LNER is the ultimate way to travel
Revealed: The 20 best walks in Britain (and the maps that show you the perfect route)
This is Money
Links
- Brooks Koepka wins LIV Golf in Singapore for his fourth victory on the circuit
- Alice Evans hits back ex
- UCLA men's volleyball beats LBSU 3
- Juro Kara, rebel playwright behind Japan's modern underground theater, dies at 84
- Orthodox Russians mark Easter with night
- Japan and India reject Biden's comments describing them as xenophobic countries
- Christopher Bell stops run of misfortune with pole qualifying run at Kansas Speedway
- Lady Louise Windsor dons a high
- Fratkin rallies Boston to 4
- Berkshire's profit plunges 64% on portfolio holdings as Buffett sells Apple