Retail

Get ready for hot discount summer — see the list of stores slashing prices

By Dominick Reuter
grilled chicken on grill
Fire up the grill. It's summer. Bob Ingelhart / Getty Images
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The weather is heating up and inflation is cooling down, but prices are still high in many consumer categories.

Several years of price increases have left many household budgets in tight shape, with shoppers increasingly looking for deals on groceries and other essentials.

As we head into the summer, retailers are beginning to offer savings in a big way, with discounts of up to 30% on thousands of products.

Here's a roundup of major retailers slashing prices:

Amazon Fresh

GettyImages 823658290
An Amazon Fresh grocery bag. Smith Collection/Gado

Amazon announced it's dropping prices on about 4,000 items — some by up to 30% — at its Fresh chain, with discounts varying week-by-week in stores and online.

Walmart

Fresh produce for sale at Walmart.
Produce at a Walmart in Wisconsin. Dominick Reuter/Business Insider

Walmart US CEO John Furner said the retail giant has nearly 7,000 rollbacks going into the summer, a 45% increase over the count for the same time last year.

Target

Produce at Target in New York City.
Produce at Target in New York City. Talia Lakritz/Insider

Target announced it's cutting prices on 5,000 commonly purchased items throughout the summer that will collectively save shoppers "millions of dollars," CEO Brian Cornell said.

Walgreens

walgreens
A pedestrian walks past a Walgreens store. AP Photo/John Minchillo

Walgreens said it would offer discounts on 1,300 products across health and wellness, personal care, and seasonal categories this summer. The pharmacy chain will also bring back promotional events including MyW Days in mid-July.

Costco

Customers wait in line for Costco hot dog with sign showing the hot dog visible over their heads
Costco's hot dog and soda combo has maintained the same price since 1985. PATRICK T. FALLON/AFP via Getty Images

While Costco hasn't announced a large batch of seasonal cuts, the CFO Gary Millerchip said the wholesale club holds monthly budget meetings where the various regions share recent price cuts, such as the past quarter's markdowns on pine nuts and frozen shrimp.

Aldi

People walk into and out of an Aldi grocery store on a cloudy day in Hyattsville, Maryland. The blue-and-white Aldi logo hangs on a sign above the entrance, while a row of shopping carts sits to the left of the entrance.
Price cuts are coming to more than 250 Aldi products. Alex Bitter/BI

Discount grocer Aldi is lowering prices on more than 250 items, focused on picnic necessities, grilling essentials, travel-ready snacks, and healthier foods. The company says it will save shoppers up to $100 million through Labor Day.

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Dominick Reuter
Dominick Reuter
Dominick Reuter is a senior retail reporter for Business Insider, primarily covering Walmart, Target, and Costco. His stories tend to focus on issues and trends that affect employees and customers.Prior to joining BI in 2019, Dominick worked for more than a decade as an independent photojournalist covering a wide range of stories for global wire services and newspapers, including Reuters, the Wall Street Journal, and Agence France-Presse.Dominick studied photojournalism at Boston University and later earned a Masters in business and economics journalism from Columbia University.If you're an employee or customer with a story to share, please contact me via email or text/call/Signal at 646-768-4750.
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