Current location:Global Gallery news portal > travel
Target to lower prices on basic goods in response to inflation
Global Gallery news portal2024-05-21 14:48:39【travel】9People 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.
Address of this article:http://srilanka.videocameralive.com/html-08e199802.html
Very good!(679)
Related articles
- Kristin Cavallari, 37, ignores critics of her age
- Companies 'not interested' in public
- Teens arrested after petrol station, vape shop burglaries
- New Climate Change Minister Simon Watts not expecting criticism at COP28 over fossil fuels U
- Lynn Williams breaks NWSL goal
- Haiti gangs try to take over Port
- New Climate Change Minister Simon Watts not expecting criticism at COP28 over fossil fuels U
- Teens arrested after petrol station, vape shop burglaries
- Revealed: Brit tourist, 19, subjected to sex attack in Majorca 'was gang
- Students' tips for high attendance: 'Push through' minor illnesses to come to school
Popular articles
Recommended
Georgia Republicans choose Amy Kremer, organizer of pro
Japanese factory searched over deaths possibly linked to dietary supplements
Judge orders Ohtani's ex
Gulf Harbour body: Homicide investigation launched, public asked to help identify victim
Justin Timberlake set to bring his The Forget Tomorrow World Tour to Australia in 2025
Government's targets: 'Where is the action behind these?'
Government sets nine targets in health, crime, social support, education, climate
Japanese factory searched over deaths possibly linked to dietary supplements
Links
- Chinese carriers allowed to operate more flights to US
- The astonishing effect of stem cell implants
- Metamorphic rock oilfield in Bohai Sea sees cumulative proven reserves over 200 mln cubic meters
- Nation vows to further expand opening
- Hengqin starts new customs operation in S China
- Aviation hub drives Beijing
- Forex settlement data showcases upbeat prospect of yuan assets
- Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
- China's central bank adds liquidity via reverse repos
- Foreigners' tours in China to be more convenient: minister