Memorial Day is already in the rearview mirror, meaning it's full-speed ahead with summer on the horizon. While we're getting ready, many of us have new summer clothes, necessities like sunscreen, beach and pool staples, and barbecue basics on our shopping lists. But we've also got inflation on the brain, as it feels like we can't get any relief from higher prices—that is, until now. Four major retailers just announced major summer price cuts, meaning you can save on what you need most. Read on to find out which stores you'll want to check out.
RELATED: How to Coupon at Walmart: 9 Tips From Retail Experts.
1 Target
In a May 20 press release, Target announced plans to slash prices on roughly 5,000 "frequently shopped items across its assortment."
The big-box retailer already reduced prices on 1,500 items, including Good & Gather Frozen Chicken Breasts and Prime Hydration Pop Sports Drinks—and more reductions are expected during the summer months.
Per the press release, price cuts will apply largely to food, namely meat, bread, soda, fresh fruit and vegetables, snacks, yogurt, peanut butter, and coffee.
However, you can also save on products from Target-owned brands like Good & Gather and Everspring and name-brand items like Aveeno SPF 50 Sunscreen (reduced from $13.89 to $13.19) and Persil Liquid Laundry Detergent (reduced from $13.69 to $12.99).
"We know consumers are feeling pressured to make the most of their budget, and Target is here to help them save more," Rick Gomez, executive vice president and chief food, essentials and beauty officer for Target, said in the release. "Our teams work hard to deliver great value every day, and these new lower prices across thousands of items will add up to additional big savings for the millions of consumers that shop Target each week for their everyday needs."
2 Walmart
If you're used to shopping low prices at Walmart, you'll be happy to learn that the big-box retailer is marking things down even further.
During a May 16 earnings call, Douglas McMillon, Walmart's president, CEO, and director, announced that the company had about 7,000 rollbacks at the time that were "really helping in our food categories."
McMillon also noted that Walmart was working with its suppliers to lower prices—and customers were "responding" to the increase in rollbacks.
RELATED: These Are All the Walmart Locations Closing in 2024.
3 Aldi
Aldi is another retailer already known for its affordable prices, but the retailer is actively helping you save even more this summer.
In a May 2 press release, the grocery chain announced plans to "pass along $100 million in savings through Labor Day." Price cuts will apply to over 250 items, specifically "seasonal must-haves" like picnic and barbecue supplies, travel-ready snacks, and other foods.
Some of the biggest savings are on meat, with USDA Choice Black Angus Sirloin Steak reduced from $8.49 to $6.99 and Park Street Deli: Pulled Pork/Pulled Chicken down from $7.49 to $6.99.
"ALDI is always looking for ways to help customers save money, but with more experts warning of persistent inflation, the time was right to deliver even greater discounts on our already low prices for the second year in a row," Dave Rinaldo, president at ALDI U.S., said in the press release. "We don't want food prices to hold people back from getting together with friends and family or spending time outdoors this season."
4 Amazon Fresh
Amazon Fresh has savings planned for shoppers, too. The online grocery delivery service will offer discounts of up to 30 percent on 4,000 items, CNN reported. Markdowns will rotate weekly, include national and Amazon-owned brands, and apply to online and in-store items (the chain does have a few brick-and-mortar locations).
Amazon told CNN that shoppers can anticipate reduced prices on meat, seafood, frozen food, dairy and cheese, beverages, snacks, and pasta.
"Increasing our weekly deals across thousands of items and expanding the reach of Prime Savings at Amazon Fresh is just one way that we're continuing to invest in competitive pricing and savings for all of our customers—both in-store and online," Claire Peters, worldwide vice president with Amazon Fresh, said in a statement to CNN.
If you're an Amazon Prime member, the savings are even sweeter: The retailer will let you stack your savings with an additional 10 percent discount on several grocery items online.
RELATED: Shoppers Are Still Abandoning Target, New Data Shows—Here's Why.
5 Walgreens
Walgreens is the latest retailer to board the summer savings train. In a May 29 press release, the drugstore chain said it's planning "a series of promotional campaigns."
Price reductions are slated for several popular items, including One a Day 80ct Men's and Women's Gummy Vitamins (reduced from $13.49 to $11.99); Eucerin Advance Repair Hand Cream (reduced from $7.29 to $5.99); and Squishmallow 16" plush toys (reduced from $24.99 to $20). Products from Walgreens' Nice! line are also seeing some price drops, namely the mini pretzels and sour cream and onion potato chips.
"Walgreens understands our customers are under financial strain and struggle to purchase everyday essentials. We continue to be committed to our customers by lowering prices on over a thousand additional items, something we've been doing since October of 2023," Tracey D. Brown, Walgreens' retail president and chief customer officer, said in the press release.
Brown continued, "Through myWalgreens loyalty program, our more than 110 million members receive personalized offerings daily. Listening to our customers and offering quality products, value, and convenience every day is our continued commitment."
Abby Reinhard Abby Reinhard is a Senior Editor at Best Life, covering daily news and keeping readers up to date on the latest style advice, travel destinations, and Hollywood happenings.Read moreFiled UnderNews • Retail • ShoppingRead This NextHow to Coupon at Walmart: Tips From Experts
How to score even deeper discounts on your next shopping trip.May 18, 2024All the Walmart Locations Closing in 2024
The retailer has announced several permanent closures for this year.June 15, 2024How to Find Secret Weekly Sales at Walmart
Consider adjusting when you shop in-store to maximize your options.May 13, 2024Is Walmart Lying About What's Out of Stock?
Are the "unavailable" products you want actually just sitting on the shelf?May 9, 2024New Law Could Ban Self-Checkout at Retailers
Officials are looking to restrict retailers from using these machines as a safety measure.May 8, 2024Shoppers Are Still Abandoning Target
Customers aren't spending on discretionary products, which are Target's bread and butter.May 22, 2024Dollar Tree Shopper Finds Target Dupes
Consider these more affordable alternatives to your Target faves.May 21, 2024Target Is Slashing Prices on Popular Products
The company is looking to help shoppers and turn around sales. May 20, 202411 Best Kitchen Items to Buy From Target
Experts say these kitchen buys are affordable and will elevate your space.May 4, 2024Walmart Clothing That's "Better Than Target"
One big-box store may be better than the other when it comes to buying clothes.April 7, 2024
