Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap Target to lower prices on basic goods in response to inflation !

Target to lower prices on basic goods in response to inflation

Time:2024-05-21 16:53:03 source:International Image news portal

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.

Related information
  • Fresh heartache for cancer
  • New Mexico voters can now sign up to receive absentee ballots permanently
  • I went on a date and he paid for the meal but asked me to transfer him my half the next day
  • Dodgers legend Carl Erskine dies at 97... the last surviving member of Brooklyn's 'Boys Of Summer'
  • Justin Timberlake set to bring his The Forget Tomorrow World Tour to Australia in 2025
  • How major US stock indexes fared Wednesday, 4/17/2024
  • Sydney shopping mall reopens after stabbings. Police make first arrest in riot after church attack
  • Jury selection in Trump hush money trial faces pivotal stretch as former president returns to court
Recommended content
  • Dodgers acquire pitcher Yohan Ramírez from Mets for cash
  • Who came up with that? The designers behind these baffling fails should definitely get the sack
  • Deborah Cox, 49, dazzles in a silver sequin gown as she glams up at star
  • Lawmakers vote down bill that would allow some Alabama death row inmates to be resentenced
  • The unstoppable duo of Emma Stone and Yorgos Lanthimos
  • Takeaways from this week's reports on the deadly 2023 Maui fire that destroyed Lahaina