Your current location:HOME >politics >Target to lower prices on basic goods in response to inflation 正文
TIME:2024-05-21 13:34:32 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 13:33
Google hit with fine for breaching French news deal2024-05-21 13:33
Google hit with fine for breaching French news deal2024-05-21 13:24
Homegrown chatbot throws hat in AI ring2024-05-21 13:08
Verona confirms Serie A status for another year after beating Salernitana2024-05-21 12:36
In pics: ruins of Subax buddhist temple in Xinjiang2024-05-21 12:22
Wukesong Sports Center for 2022 Beijing Winter Olympics completed2024-05-21 12:20
China's generative AI firms rush to enter commercialization amid domestic innovation2024-05-21 12:11
Fresh heartache for cancer2024-05-21 12:00
Apple CEO highlights Chinese supplier's contribution to carbon emission reduction2024-05-21 11:36
Brazil replaces injured goalkeeper Ederson in Copa America squad2024-05-21 13:08
China hosts 135th Canton Fair in Guangzhou2024-05-21 13:03
More Southeast Asians trust Chinese firms2024-05-21 13:02
Chinese companies set new digging record in tunnelling projects in Nepal2024-05-21 12:41
Siblings trying to make US water polo teams for Paris Olympics2024-05-21 12:29
Painting exhibition featuring China's natural beauty kicks off in Egypt's Opera House2024-05-21 12:22
Light decorations for upcoming Spring Festival in Xi'an2024-05-21 12:13
CCPIT anticipates further international cooperation in second Expo2024-05-21 11:48
US overdose deaths dropped in 2023, the first time since 20182024-05-21 11:46
Bamboo dance competition held at middle school in Hainan2024-05-21 11:41