The objective reduces prices on 5,000 popular products: "great economy"
The company is looking to help buyers and return sales.
While inflation has improved, high costs always put consumers in a precarious position - and they are not silent about how they feel. In recent months, buyers have Walmart slammed To increase prices, while others have threatened to dollar boycott For its current increases. Now, a retailer tries to change courses: Target has announced its intention to reduce prices in 5,000 of its most purchased products.
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According to a May 20 press release From the company, Target seeks to help buyers to "save big". To do this, the retailer revealed that he "would reduce regular daily prices on approximately 5,000 items frequently bought in his assortment".
"We know that consumers feel in a hurry to get the most out of their budget, and Target is there to help them save more", " Rick Gomez , Said the executive vice-president of Target and chief of food, essential elements and beauty, in a press release. "Our teams work hard to offer great value every day, and these new prices lower than thousands of items will be added to large additional savings for millions of consumers who buy every week for their daily needs."
Target has already dropped prices on approximately 1,500 items before the Memorial Day. This means that you can now find lower prices in many target and online stores for products, including good & brings together frozen chicken breasts, sports drinks with first -rate hydration, smoked sausages By Johnsonville Cheddar and the grated cheese good and gathered, according to the press release.
"These lower daily prices are added to the distinct discounts of the Memorial Day through the assortment to help consumers celebrate the holidays," said society.
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Target plans to continue its price reductions for thousands of other items during the summer.
"Consumers will appreciate savings on everyday items such as milk, meat, bread, soda, fresh fruit and vegetables, snacks, yogurt, peanut butter, coffee, Diapers, paper towels, pet food and more, "said the retailer in his version.
The examples of other savings that could strike target stores include a reduction of 20 cents of the property and bringing uncommon butter, from $ 3.99 to $ 3.79, and a reduction of 40 cents for the single bagels of Thomas , from $ 4.19 to $ 3.79.
The largest price drop that targets listed in its version is for good and gather roasted nuts in sea salt. The cost of a 9.5 ounce bag of these nuts is reduced by $ 1.60, this which lowered it by $ 6.89 to $ 5.29.
"These price discounts will collectively save millions of dollars to consumers this summer," said the retailer in his release. "Target regularly adjusts its prices to ensure that it is competitive on the markets it does. These new price reductions are in addition to the daily price of the retailer."
Of course, it is not a question of altruism for the mega-detainel. As CNN notes, these upcoming price reductions Are probably an attempt for Target to overthrow sales: channel sales have dropped last year for the first time since 2016.