Walgreens has announced a new initiative called 'Summer of Savings,' where it will lower prices on over 1,300 products. This move is part of a broader trend among major retailers, including Walmart, Target, and Amazon Fresh, who are also cutting prices to address consumer spending fatigue amid persistent inflation. The price reductions will apply to a variety of items, including snacks, feminine products, vitamins, facial cleansers, lotions, box fans, and chips. This initiative aims to provide relief to inflation-weary consumers and follows similar announcements from other retail giants.