Current location:sport >>
Target to lower prices on basic goods in response to inflation
sport2People 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.“Earthly Encounters news portal”。http://kenya.barryexit.org/content-75c799179.html
Related articles
Bella Hadid goes braless in a thigh
sportShe is one of America's most recognisable fashion models.And Bella Hadid continued to show why she i ...
【sport】
Read moreCoachella food prices SHOCK fans as festival
sportCoachella revelers have been left furious at the price of food as attendees share some of the eye-wa ...
【sport】
Read moreChinese sci
sportSeveral Chinese sci-fi writers as well as China's sci-fi blockbuster "The Wandering Earth I ...
【sport】
Read more
Popular articles
- Student fatally shot, suspect detained at Georgia's Kennesaw State University
- Caitlin Clark and Angel Reese hope to carry over college momentum to the WNBA
- Singapore's outgoing prime minister will stay on as senior minister, his successor says
- Beijing confirms recovering tourism during New Year holiday
- The Latest
- Deep sea expedition uncovers more than 50 never
Latest articles
Messi in and Dybala out in Argentina squad for pre
Yuan Yue battles into Indian Wells quarters
China's golden week glitters with booming tourism, cultural consumption
Coach vows to beat Singapore in World Cup qualifier
Cruise worker 'murders newborn son on board ship': Shocked co
Eberl ringing alarm bells for Bayern ahead of Arsenal duel
LINKS
- Food price hikes stall, thanks to lowered cost of fruit and veges
- Hong Kong arts charity cancels deaf dance group performance
- Environmentally
- 'Major logistics exercise' to deliver humanitarian aid from NZ to Gaza
- 3 Body Problem: Lawyer sentenced to death for Lin Qi murder
- Yemen's Houthis say they targeted Western ships
- 'Very significant' rise in home insurance premiums revealed
- Flood, weather warnings as storm hits Australia
- 'Hardest Geezer' Russell Cook completes almost year
- Colorado reporter's expulsion from Republican gathering causes uproar