Your current location:HOME >business >Target to lower prices on basic goods in response to inflation 正文
TIME:2024-05-21 10:05:31 Source: Internet compilationEdit:business
Target 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.
Storms damage homes in Oklahoma and Kansas. But in Houston, most power is restored2024-05-21 10:01
Palmerston North businesses not sold on benefits of cycle lanes2024-05-21 09:54
Hong Kong man jailed 21 months for throwing eggs2024-05-21 09:46
Alec Baldwin again charged with manslaughter in 'Rust' movie2024-05-21 09:29
Insider Q&A: CIA's chief technologist's cautious embrace of generative AI2024-05-21 09:20
California doctor with cancer gets rare lung2024-05-21 09:05
Chinese company says coronavirus vaccine ready by early 20212024-05-21 08:43
One in critical condition after e2024-05-21 08:26
Biden says Brown v. Board of Education ruling was about more than education2024-05-21 08:05
Second murder charge laid after death of Ōpōtiki Mongrel Mob Barbarians president Steven Taiatini2024-05-21 07:40
Student fatally shot, suspect detained at Georgia's Kennesaw State University2024-05-21 09:05
Wellington's Tuesday dinners celebrates 'amazing collection of people' 25 years on2024-05-21 08:45
china moon Change 5 mission lands space news2024-05-21 08:35
Robyn Malcolm takes out best actress gong at France film festival2024-05-21 08:21
Adams, Reyna, Turner, Ream are US concerns ahead of Copa America2024-05-21 08:07
Ministry of Ethnic Communities, set up to 'heal wounds' of 15 March, faces job cuts2024-05-21 07:50
Vaccine maker becomes China's richest man after wealth increases fifty2024-05-21 07:37
Chinese President Xi Jinping sends a message of sympathy to Donald Trump2024-05-21 07:33
Rangers are undefeated at .500 to keep World Series champs from a losing record with Bochy2024-05-21 07:27
KiwiRail seeks advice to extend life of Interislander Kaitaki ferry2024-05-21 07:25