Why Target, Aldi and Walmart are lowering prices for grocery staples
Daily MailThink Target - which this morning reported another drop in its sales - and other supermarkets are lowering grocery prices just to help you? Target said Monday it is lowering prices on 5,000 everyday products from milk to diapers as the big-box retailer looks to win customers from Walmart. 'We know consumers are feeling pressured to make the most of their budget,' said Target's chief food officer Rick Gomez said - giving the impression the company was simply helping customers. It said on Monday that the discounts will be spread out across dozens of national brands as well as Target's own brands, the company said - adding that these newest discounts are on top of price cuts it had already planned going into Memorial Day weekend. 'Aldi is always looking for ways to help customers save money, but with more experts warning of persistent inflation, the time was right to deliver even greater discounts on our already low prices for the second year in a row,' said Dave Rinaldo, president at Aldi US.
History of this topic
$25-billion Kroger-Albertsons merger plan is blocked by federal judge
LA Times
Target stock slumps 20 percent as holiday worries mount for popular retailer
The Independent
Target sparks price war with Walmart as it slashes cost of 2,000 items
Daily Mail
Target Cuts Prices on 2,000 Items in a Price War Ahead of Holiday Season
CNN
Target slashed prices. It paid off
CNNMajor retailers are offering summer deals to entice inflation-weary shoppers
Associated Press
Major retailers are offering summer deals to entice inflation-weary shoppers
The Independent
Why Target, Aldi, Walmart and others are really lowering prices for supermarket staples
Daily Mail
Target is cutting prices on 5,000 items including milk, butter and pet food
NPRTarget to lower prices on thousands of basic items as inflation sends customers scrounging for deals
Associated Press
Grocery price inflation slowdown stumbles as supermarkets offer fewer deals
The Independent
Morrisons brings budget range to convenience store shelves
The Independent
Supermarkets say they are doing everything they can amid ‘profiteering’ quiz
The Independent
Walmart, Target begin holiday early to ease inflation sting
Associated Press
Eight in ten shoppers are seeking reduced items in supermarkets
Daily Mail
Rising grocery prices force customers to buy less, change brands and switch stores
CNN
America’s grocery bills are surging and there’s no relief in sight
CNNDiscover Related
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