Current location:sport >>
Target to lower prices on basic goods in response to inflation
sport43People 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.“Culture Chronicles news portal”。http://oman.highlanderdistrict.org/news-97c599336.html
Related articles
Election 2024: Biden and Trump bypassed the Commission on Presidential Debates
sportPHOENIX (AP) — The nonpartisan Commission on Presidential Debates, which has planned presidential fa ...
【sport】
Read moreXi Holds Talks with Vietnam's Communist Party Chief
sportContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【sport】
Read moreChina Focus: Report to 20th CPC National Congress — How It Was Shaped
sportContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【sport】
Read more
Popular articles
- I was 'brokefished' by my friend for £400
- Wenzhou Organizes Family Related Activity
- Xinhua Headlines: CPC Unveils New Top Leadership for New Journey Toward Modernization
- (CPC Congress) CPC Elects New Central Committee, New Central Commission for Discipline Inspection
- Minnesota Uber and Lyft driver pay package beats deadline to win approval in Legislature
- Xi Congratulates Russia
Latest articles
What's next for Iran after death of its president in crash?
Caring for Rural Women Teachers, Promoting Career Development
Xi Sends Congratulations to Gala Dinner of National Committee on U.S.
Wenzhou Organizes Family Related Activity
Kosovo prepares a new draft law on renting prison cells to Denmark after the first proposal failed
Xi Meets German Chancellor Olaf Scholz
LINKS
- Vegas retaliation on Stars forward Seguin costly as defending champion Knights now trail series
- Duane Eddy, legendary 'twangy' guitarist famous for Peter Gunn theme and Rebel Rouser, dies at 86
- Polland wins PGA club pro title. Nineteen others advance to PGA Championship
- Phillies strike out 18 times, but beat Angels 2
- Crawford goes 7 innings, Wong has 3 hits and Red Sox beat Giants 6
- Arsenal, Man City both win to keep it tight at the top
- Vegas retaliation on Stars forward Seguin costly as defending champion Knights now trail series
- Tensions grips UCLA campus after police order protestors to disperse or face arrest
- Crawford goes 7 innings, Wong has 3 hits and Red Sox beat Giants 6
- Crysan's hat