Walmart and Target slashing prices

Thursday, May 23, 2024

Walmart said that it has rolled back prices on nearly 7,000 items in its stores, noting deflationary trends in general merchandise. Target slashed prices on more than 1,500 items, ranging from laundry detergent to cat food to sunscreen, with thousands more price cuts expected over the summer. Other retailers including IKEA and Aldi have also reduced prices in recent months. Some economists say that while price cuts from retailers are a welcome sign that inflation overall has come down, inflation in other areas also needs to ebb to reach the Federal Reserve's 2% target.

Posted by censored at 09:50 AM | 15 COMMENTS | permalink | Comment on This Entry |

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Progress for consumers: Prices are dropping for thousands of items at Target and Walmart https://t.co/vXZW27wR1O
" Ben LaBolt (@WHCommsDir) May 22, 2024

Comments

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Unfortunately, gas prices will likely remain steady or rise slightly. www.kvrr.com

#1 | Posted by censored at 2024-05-23 10:12 AM | Reply

And yet Trumpers persist in calling inflation "sky high" or whatever BS hyperbolic language they use.

#2 | Posted by jpw at 2024-05-23 11:13 AM | Reply

Trumpturds say

The nation is in a recession. Its not.
Unemployment is at a 50 year high. Its not.
Inflation is out of control. Its not.

They are as divorced from reality as can be.

#3 | Posted by Nixon at 2024-05-24 07:55 AM | Reply

Walmart and Target have the profit margin where they can afford to drop prices. What does that tell you? It tells you we've been being over charged for years at higher prices than it should have been, all in the name of profit.

#4 | Posted by BBQ at 2024-05-24 09:48 AM | Reply | Newsworthy 1

Every time you read on the news of "record profits" replace the with the phrase "price gouging".

#5 | Posted by Nixon at 2024-05-24 01:53 PM | Reply | Newsworthy 1

Get back yo me when this happens at Safeway.

#6 | Posted by morris at 2024-05-24 02:40 PM | Reply

#7 | Posted by morris at 2024-05-24 02:40 PM | Reply

But but but the recessions...

"when this happens at Safeway."

#6 | POSTED BY MORRIS

They sell groceries at both Target and Walmart.

#8 | Posted by LegallyYourDead at 2024-05-24 05:24 PM | Reply

I studiously avoid Safeway like it has the plague. Target is too far away. Winco is the best bet but the mass of people make it hard to navigate with the goddamn carts with defective wheels.

Walmart is an adventure in itself. They cram stuff in the aisle so you can't get around the fat slob who can't make a decision.

But now I can afford more dog food for dinner.

#9 | Posted by shoeless at 2024-05-24 09:27 PM | Reply

You've made poor life choices. Lo siento, pendejo.

#10 | Posted by LegallyYourDead at 2024-05-24 10:30 PM | Reply

But now I can afford more dog food for dinner.
#9 | Posted by shoeless

If your economic situation won't allow you to purchase meat meant for human consumption, you might want to consider going vegetarian. Probably better for your health, as well.

"Sustainable eating is cheaper and healthier [...] Oxford University research has today revealed that, in countries such as the US, the UK, Australia and across Western Europe, adopting a vegan, vegetarian, or flexitarian diet could slash your food bill by up to one-third." www.ox.ac.uk

#11 | Posted by censored at 2024-05-25 11:09 AM | Reply | Funny: 1

Walmart and Target have the profit margin where they can afford to drop prices. What does that tell you?

#4 | Posted by BBQ at 2024-05-24 09:48 AM | Reply | Flag

It tells me that they are big enough to take a small loss on certain items just to get people to come into the stores. It's proven that if they can place you in a select environment, they can entice you to make more purchases than you intended. It's why stores move things around periodically - exposure.

It also tells me that retailers are willing to take a controlled loss on things that aren't moving, rather than take a total loss.

#12 | Posted by lfthndthrds at 2024-05-25 08:47 PM | Reply | Funny: 1

Looks like Walmart will be boycotted in June because people don't want to see pride stuff.

#13 | Posted by BillJohnson at 2024-05-25 10:56 PM | Reply

Please.
Boycott them.
Show them just how big a group you are.
That'll show 'em. /s

#14 | Posted by YAV at 2024-05-25 11:02 PM | Reply

Looks like Walmart will be boycotted in June because people don't want to see pride stuff.
POSTED BY BILLJOHNSON AT 2024-05-25 10:56 PM | REPLY

Eff off you self loathing bigot.

#15 | Posted by LauraMohr at 2024-05-25 11:05 PM | Reply