On Wednesday, Walgreens announced it would lower prices on more than 1,000 items, joining Walmart, Amazon, Target and more companies that are trying to lure back customers struggling with inflation.
On Wednesday, Walgreens announced that the company would lower prices on more than a thousand national and store brand products joining giants like Walmart, Target, Aldi, and Amazon Fresh who have been offering their own share of savings for customers.But is this change a sign of slowing inflation?"Now whether people are really seeing the savings is still undecided. When I look at the list of what the price reductions were at stores like at Target for instance, and they weren't huge.
They’ve been paying for these good and services but we’re coming to the end of the rope," said Paul Oster, the CEO of Better Qualified.Grocer chain Aldi earlier in May touted a $100 million boost in savings for their customers by Labor Day, while Amazon Fresh said U.S. Customers can save 30% on thousands of grocery items every day.Now Walgreens has shared in a statement: "Walgreens understands our customers are under financial strain and struggle to purchase everyday essentials.
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