Deflation could put pressure on retailers and brands to drive more volume, debut innovative products and find other ways to cover costs such as higher wages.

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.
    • dragontamer@lemmy.worldEnglish
      31·
      1 year ago

      Agreed.

      But China will try anyway. Some geopolitical moved are obvious.

      TEMU is a symptom of this obvious policy for example

    • hark@lemmy.world
      1·
      1 year ago

      I thought the US loved free trade? Oh, only when it benefits the corporate masters, I see.

        • hark@lemmy.world
          1·
          1 year ago

          Yeah, I was being facetious and poking fun at the claim that the US is all about free trade. It’s the claimed reason any time the US makes an agreement to screw over local labor which they label as “not competitive” i.e. corporations don’t want to pay American wages but want to sell to the American market.