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 14:10:01 source:Stellar Spectacle 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
  • Bella Hadid goes braless in a thigh
  • Nikola Petkovic scores first MLS goal to help Charlotte beat Timbers 2
  • Massachusetts woman wins $1m lottery jackpot twice in 10 weeks
  • Juro Kara, rebel playwright behind Japan's modern underground theater, dies at 84
  • Six killed in a 'foiled coup' in Congo, the army says
  • Ohtani gifts Roberts a toy Porsche before breaking club mark for most HRs by a Japanese
  • Bernardeschi scores 2 goals to help Toronto beat Dallas 3
  • WAGS are back: Iris Law joins line
Recommended content
  • Kevin Pillar gets 1,000th career hit in Angels' win at Texas
  • Brad Stuver's 7 saves help Austin play Whitecaps to 0
  • Jared Jones dazzles, Jack Suwinski provides walk
  • Legendary golf commentator and former Ryder Cup star Peter Oosterhuis dies aged 75
  • Biden says Brown v. Board of Education ruling was about more than education
  • Alice Evans hits back ex