Your current location:HOME >politics >Target to lower prices on basic goods in response to inflation 正文
TIME:2024-05-21 18:21:44 Source: Internet compilationEdit:politics
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.
Red Lobster seeks bankruptcy protection after closing some restaurants2024-05-21 18:14
Young Woman Saving Traditional Dyeing Craft from Dying2024-05-21 18:13
Across China: All2024-05-21 18:05
DPRK's Kim claims Asian Games weightlifting title with new world record2024-05-21 17:56
Fresh heartache for cancer2024-05-21 17:51
Thriving Home Services Empower Women2024-05-21 16:49
Village Official Leads Farmers in Promoting Rural Revitalization2024-05-21 16:07
Knitting Teacher Casts off Gloom2024-05-21 16:00
What's next for Iran after death of its president in crash?2024-05-21 15:46
Artist Helps Youth Understand Beauty of Rock Paintings2024-05-21 15:40
Cruise worker 'murders newborn son on board ship': Shocked co2024-05-21 18:20
Rose in the Desert: Breathing Clean Air a Human Right2024-05-21 18:12
China issues red alert for tsunami2024-05-21 17:52
UN Appeals Tribunal's First Woman Judge from China2024-05-21 17:30
Nadal returns to Roland Garros to practice amid doubts over fitness and form2024-05-21 17:21
Young Woman in NE China's Heilongjiang Uses Internet to Bring Wealth to Villagers2024-05-21 17:03
Woman Raises Goats to Help Vitalize Rural Hometown2024-05-21 17:01
Young Woman in NE China's Heilongjiang Uses Internet to Bring Wealth to Villagers2024-05-21 16:53
Supreme Court declines to hear challenge to Maryland ban on rifles known as assault weapons2024-05-21 15:55
Village Official Leads Farmers in Promoting Rural Revitalization2024-05-21 15:48