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‘The Big Money Show’ panel debates whether Walmart’s sweeping price cuts are driven by competition, consumer demand or President Donald Trump’s economic agenda as the retail giant slashes prices on thousands of items.<\/p>\n
President Donald Trump on Sunday praised Giant Eagle for lowering prices on more than 300 frequently purchased products through Labor Day.<\/p>\n
The grocery chain launched the seasonal promotion on July 9, reducing prices by an average of 10% on products that include proteins, produce and summer snacks.<\/p>\n
Trump said the grocery chain will be cutting prices “by a lot.”<\/p>\n
“Wonderful news! I have just been informed that Giant Eagle, a GREAT American Grocery Company, will be lowering Prices, by a lot, across more than 300 products this Summer, through Labor Day, to help hardworking American families,” Trump wrote on Truth Social.<\/p>\n
MAJOR GROCERY CHAIN BEATS WALMART, ALDI IN PRICE WAR AS SHOPPERS HUNT FOR CHECKOUT RELIEF<\/p>\n
President Donald Trump said Giant Eagle will be lowering prices on more than 300 products through Labor Day. (Getty Images \/ Getty Images)<\/p>\n
Giant Eagle\u2019s promotion comes after Walmart and Sam\u2019s Club announced earlier in July that they would lower prices on thousands of products nationwide this summer “to help customers and members make the most of the season while spending less on the products they need, want and love most.”<\/p>\n
The discounted Walmart and Sam\u2019s Club products include ground beef, beverages, household essentials, apparel and toys.<\/p>\n
“Giant Eagle, like Walmart, is stepping up in a big and bold way to answer my call to lower costs for working families,” Trump said on Sunday.<\/p>\n
President Donald Trump said the grocery chain will be cutting prices “by a lot.” (Getty Images)<\/p>\n
“We will continue to bring Prices DOWN, just like Oil, Gas, Eggs, and Prescription Drugs, all of which are dropping FAST after the disaster we inherited from Sleepy Joe Biden,” he continued.<\/p>\n
Trump called on other grocery chains to follow Giant Eagle and Walmart by reducing prices.<\/p>\n
MORE AMERICANS ARE RELYING ON CREDIT CARDS TO BUY GROCERIES, NEW STUDY FINDS<\/p>\n
President Donald Trump said other grocery chains should follow the lead of Giant Eagle and Walmart. (Christopher Dilts\/Bloomberg via Getty Images \/ Getty Images)<\/p>\n
“Other Grocery Chains must immediately follow the lead of these absolute Patriots at Giant Eagle and Walmart,” he said. “Together, we will make America stronger and more affordable than ever before, and get rid of the stench and Inflation perpetrated on us by the Dumocrats and the Sleepy Joe Biden Administration!”<\/p>\n
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FOX Business reached out to Giant Eagle for comment.<\/p>\n
#Giant #Eagle #cut #prices #products #summer #Trump<\/p>\n","protected":false},"excerpt":{"rendered":"
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