Walmart, Target, Major Retailers Plan Big Discounts and Sales as … – Bloomberg

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Despite rising prices, deals can be had in categories like television and clothing at Walmart, Target, Best Buy and other retailers.
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A nationwide inventory glut has led to unexpected bargains for US shoppers, especially for goods that used to be hot sellers during the pandemic.
The discounts stand out as Americans grapple with a 40-year high in inflation, which has raised prices from the gas pump to the grocery store. The likes of Walmart Inc., Target Corp. and Gap Inc. have slashed prices on non-essential items they stocked up on but shoppers are no longer clamoring for. Lower demand for big-ticket items contributed to US retail sales posting their first drop in five months on Wednesday.

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