Major Retailers Offer Discounts to Attract Price-Conscious Shoppers

Major retailers like Target and Walmart are offering summer discounts to attract inflation-weary shoppers. These price cuts, primarily on groceries, aim to provide relief as inflation begins to ease slightly. Despite continued consumer spending, reports from Walmart, Macy’s, and Ralph Lauren indicate a shift towards more price-conscious shopping habits, with customers favoring store brands and delaying non-essential purchases.