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 18:56:24 source:World Window 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
  • College baseball notebook: Conference tournaments to decide NCAA automatic bids and many at
  • What to expect in Michigan's state house special elections
  • Agent at Bad Bunny
  • Trump’s hush money trial will test Alvin Bragg's efforts at neutrality
  • Nuggets blow 20
  • Matias Maccelli scores in OT as Coyotes beat Oilers 3
  • Tennessee GOP Rep. Andy Ogles draws Republican and Democratic challengers
  • Trump assails Jewish voters who back Biden: 'Should have their head examined'
Recommended content
  • Why US Catholics are planning pilgrimages in communities across the nation
  • Kentucky GOP lawmakers remove Democratic governor's role in filling US Senate vacancies
  • Matias Maccelli scores in OT as Coyotes beat Oilers 3
  • Trump's hush money trial: What to know with jury selection to begin Monday
  • Bella Hadid goes braless in a thigh
  • What to expect in Alabama's congressional primary runoffs