Current location:opinions >>
Target to lower prices on basic goods in response to inflation
opinions3613People 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.“International Insights news portal”。http://janmayen.graduatethesis.org/article-86a399612.html
Related articles
Inquiry slams UK authorities for failures that killed thousands in infected blood scandal
opinionsLONDON (AP) — British authorities and the country’s public health service knowingly exposed tens of ...
【opinions】
Read moreIsrael stands strong: IDF reveals it has shot down more than 200 drones and missiles fired by Iran
opinionsIsrael has weathered a huge barrage of over 200 missiles and drones launched by Iran tonight that fo ...
【opinions】
Read moreSpring Festival TV gala to delight global audience with traditional culture, cutting
opinions(Xinhua) 08:30, February 02, 2024BEIJING, Feb. 1 (Xinhua) -- This year's Spring Festival TV gala, an ...
【opinions】
Read more
Popular articles
- Dodgers acquire pitcher Yohan Ramírez from Mets for cash
- Event celebrating upcoming Chinese New Year held in China's Hong Kong
- Light decorations seen before Chinese Lunar New Year in Macao
- A Manic Monday in the NHL features 7 of 8 games that could affect the playoff picture
- Kate Hudson hits the stage to debut songs from her new album Glorious at star
- Millennium
Latest articles
Ricky Stenhouse punching Kyle Busch could lead to suspension
Silk culture festival and temple fair parade held in Huzhou
Kyrou, Schenn and Walker score in 3rd period, send Blues past Kraken 4
Children visit Beijing Auto Museum during winter vacation
What's next for Iran after death of its president in crash?
85 ancient sites unearthed along China's Grand Canal
LINKS
- Shandong Strengthens Women, Children's Rights
- Hebei Combats Domestic Violence
- Ordos Protects Women Employees' Rights
- China Makes Remarkable Progress in Education in 2022
- 'Family Affairs Investigators' Help Residents Resolve Marital, Family Disputes
- Federation Improves Women's Rights
- Hebei Combats Domestic Violence
- Offices Help Mediate Family Disputes
- Shanghai Protects Women's Rights, Interests
- Shandong Strengthens Women, Children's Rights