Retailers Slashing Prices Amid Tariffs and Inflation Woes
Major US retailers including McDonald’s, Target, Kohl’s, and Pizza Hut are slashing prices to drive foot traffic, as tariffs threaten to push prices higher and cash-strapped households pull back. The move comes as lower-income households disproportionately trade down or pause spending. To combat the economic strain, companies such as McDonald’s, Target, and Kohl’s are expanding … Read more