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 14:53:59 source:Stellar Spotlight 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
  • 'Constantly learning' Imanaga off to impressive start with the Chicago Cubs
  • The hotel room on WHEELS! Self
  • Ruapehu Alpine Lifts gets $7m bailout from government
  • McDonald's praised for innovative ad that smells exactly like classic item on their menu
  • Everybody may love Raymond, but Ray Romano loves Peter Boyle
  • How Los Angeles police are fighting back against organized retail theft
  • TOWIE's Chloe Meadows and Sophie Kasaei put on busty displays in form
  • Seabed mining critics furious after company pulls out of hearings
Recommended content
  • The government wants to buy their flood
  • How community groups helped hundreds of migrants bused in from Texas
  • Six ways to use up surplus chocolate, meat and vegetables from Easter according to top chefs
  • Crew abandon British
  • Kevin Pillar gets 1,000th career hit in Angels' win at Texas
  • Love Island's Amy Hart reveals cruel trolls target her and one