Current location:style >>
Target to lower prices on basic goods in response to inflation
style1People 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 Spectacle news portal”。http://dominicanrepublic.priasejati.net/content-31b199779.html
Related articles
Four people killed in a house explosion in southwestern Missouri
styleGOODHOPE, Mo. (AP) — Four people in rural Missouri died when an explosion that could be heard 10 mil ...
【style】
Read moreApple CEO says that he wants to increase investments in Vietnam
styleHANOI, Vietnam (AP) — Apple CEO Tim Cook said Tuesday that he wants to further increase investment i ...
【style】
Read moreTsinghua art and science symposium explores future trends, presents awards
styleAn international symposium was held in early March in Beijing, where global scholars and experts dis ...
【style】
Read more
Popular articles
- Georgia Republicans choose Amy Kremer, organizer of pro
- Villagers embrace rural tourism in north China's Hebei
- China endeavors to keep ancient city of Pingyao alive
- China storms to quarters, thrilling matchups await
- With Djokovic awaiting the winner, Murray trails Hanfmann at rain
- Mom, 28, forced to sell her dream car after forking out $40,000 in INTEREST alone over three years
Latest articles
Red Lobster seeks bankruptcy protection after closing some restaurants
China's Shenzhen opens new air route to Amsterdam
Beijing's Yanqing district ready for Labor Day travel rush
Yuan wins Chinese derby to progress at Indian Wells
Ben Whishaw lights up the Croisette as he joins his co
'Village Super League' draws global football enthusiasts
LINKS
- China's national political advisory body holds leadership meeting
- Lightning, rains kill 49 in Pakistan as authorities declare a state of emergency in the southwest
- Lightning, rains kill 49 in Pakistan as authorities declare a state of emergency in the southwest
- TOWIE's Ella Rae Wise puts on a leggy display in tiny black hotpants with an ab
- Judge to hear motion to dismiss Travis Scott from Astroworld lawsuit
- China's outbound tourism sees robust recovery during 'golden week' holiday
- Lightning, rains kill 49 in Pakistan as authorities declare a state of emergency in the southwest
- China, Albania sign MOU on tourism cooperation
- The WEF’s chairman is still alive and well, despite claims online
- Retrial scheduled in former Ohio deputy’s murder case