Key Points

  • As shoppers await price cuts, retailers like Home Depot say their prices have stabilized and some national consumer brands have paused price increases or announced more modest ones.
  • Yet some industry watchers predict deflation for food at home later this year.
  • Falling prices could bring new challenges for retailers, such as pressure to drive more volume or look for ways to cover fixed costs, such as higher employee wages.
  • callouscomic@lemm.ee
    link
    fedilink
    English
    arrow-up
    23
    arrow-down
    1
    ·
    8 months ago

    Fuck retailers. Have less shareholder profit and get over it. They want profit to be fixed or increasing. They view it in an accounting sense as something they cannot have decrease, ever. This is unrealistic and makes them do stupid things.

    • mods_are_assholes@lemmy.world
      link
      fedilink
      arrow-up
      13
      ·
      8 months ago

      There is no sin greater in capitalism than uncaptured profit, none.

      Fuck capitalism and the barbaric world it creates. We are better than this but the sociopaths like to count big numbers.