Major retailers like Target and Walmart provide summer discounts amid inflation concerns, focusing on groceries.
Major retailers, including Target and Walmart, are offering summer discounts to attract customers amid inflation concerns. These retailers have introduced permanent and temporary price cuts, mainly on groceries, as inflation eases slightly, but not enough to alleviate consumers' financial strains. CEOs from McDonald's, Starbucks, and Home Depot have noted that consumers are becoming more price-conscious and selective in their purchases.
May 27, 2024
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