Current location:entertainment >>
Target to lower prices on basic goods in response to inflation
entertainment71213People 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.“Cultural Crossings news portal”。http://svalbard.izmirambar.net/article-86f999889.html
Related articles
Siblings trying to make US water polo teams for Paris Olympics
entertainmentWALNUT, Calif. (AP) — Chase Dodd started swimming when he was just a kid. Once he began playing wate ...
Read moreChina specifies steps to improve payment services in tourist attractions
entertainmentBEIJING, April 9 (Xinhua) -- Chinese authorities have specified a slew of measures to further enhanc ...
Read moreXi Focus: Xi Addresses Opening Ceremony of High
entertainmentContact Us HomeNewsHighlightACWF NewsSocietyWom ...
Read more
Popular articles
- Pentagon vows to keep weapons moving to Ukraine as Kyiv faces a renewed assault by Russia
- Xi Extends Spring Festival Greetings to All Chinese, Urging Solid Work to Create Better Future
- Xi Calls for Fostering Closer China
- Xi Focus: Xi Jinping Leads China's Drive Toward Rural Modernization
- Who is Jacob Zuma, the former South African president disqualified from next week's election?
- Xi Meets Algerian Prime Minister
Latest articles
LINKS
- China expects 210 mln road passenger trips during National Day holiday
- A man is charged with causing a car crash that killed an on
- Theme park operator offers holiday treats
- Lawsuit against Meta asks if Facebook users have right to control their feeds using external tools
- China railway trips to reach 144M during May Day holiday
- A naturally elevating trip
- China expects 210 mln road passenger trips during National Day holiday
- DoorDash posts better
- Chinese female carrier aircraft pilot trainees complete solo flights
- Human Rights Watch accuses Kenyan government of inadequate response to flooding