Previous close | 40.87 |
Open | 26.54 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 200.00 |
Expiry date | 2024-08-16 |
Day's range | 26.54 - 40.87 |
Contract range | N/A |
Volume | |
Open interest | N/A |
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 on as many as 5,000 food, beverage and household essential items announced Monday is a bid by Target to cater to customers who increasingly have deployed a mix of strategies to find relief at the register, including trading down to private label products, forgoing impulse buys, using coupons and waiting for deals. Walmart posted strong quarterly sales last week, driven by a influx of customers looking for bargains.
Target has slashed prices on more than 1,500 popular items beginning immediately, ranging from butter to laundry detergent, as the retailer attempts to attract inflation-wary shoppers turned off by high prices.
The big-box retailer will cut prices on frequently shopped products ranging from milk to diapers as it looks to attract budget-stretched customers.