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Walgreens is joining other retailers in cutting prices across the board, from snacks to toiletries and even Squishmallows, in an effort to lure back inflation-weary shoppers turned off by high

Walgreens shares decline over 2% as the company announces price reductions on 1,300+ products while reportedly grappling with profit challenges in its healthcare model.

The company also plans to introduce a series of promotional campaigns, including the return of Walgreens popular myW Days in mid-July.

Company will also offer deal days discounts later this summer

Your next trip to Walgreens may be less expensive. The company announced Wednesday it is slashing prices on more than 1,300 items throughout its stores this summer.

Prices are dropping immediately on more than 1,500 items online and at its stores, which include both name and store brands, Walgreens announced Wednesday in a press release.

The retail pharmacy giant said it's marking down items including gummy vitamins, Igloo coolers, and goggles

Walgreens said it will slash prices on 1,300 items across its drugstores -- the latest big retailer to enact discounts as consumers grow increasingly picky about where they shop in an era of persistently high inflation.

The list of retailers set to slash prices this summer amid soaring inflation is getting longer.

The price reductions follow several other retailers vowing to slash prices this summer, including Target, ALDI and IKEA.