Your current location:HOME >world >Target to lower prices on basic goods in response to inflation 正文
TIME:2024-05-21 17:56:31 Source: Internet compilationEdit:world
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.
'The Apprentice,' about a young Donald Trump, premieres in Cannes2024-05-21 17:48
NY tightens security in subways as crimes rise2024-05-21 17:37
China's courts successfully serve and protect innovation2024-05-21 17:28
BRI an 'opportunity for all', says FM2024-05-21 17:22
Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise2024-05-21 17:22
China strengthens punishment of corrupt practices2024-05-21 16:47
U.S. using Taiwan as 'pawn', says spokesperson2024-05-21 16:39
China's courts successfully serve and protect innovation2024-05-21 16:26
Insider Q&A: CIA's chief technologist's cautious embrace of generative AI2024-05-21 15:38
China strengthens punishment of corrupt practices2024-05-21 15:20
Trump accepts a VP debate but wants it on Fox News. Harris has already said yes to CBS2024-05-21 17:51
Enduring friendship with Xi fosters U.S.2024-05-21 17:45
Xi congratulates Zardari on Pakistan presidency win2024-05-21 17:38
Wang Yi: U.S. must be rational about China2024-05-21 17:26
A warrant for Netanyahu’s arrest was requested. But no decision was made about whether to issue it2024-05-21 17:18
Xi inspects Changsha in central China's Hunan Province2024-05-21 17:15
China calls for high2024-05-21 17:04
Xizang professor promotes plateau ecology2024-05-21 16:45
Candice Swanepoel stuns in a form2024-05-21 16:43
Spokesman calls on U.S. to translate commitment into action2024-05-21 16:21