Honey and pepper and roses en déshabillé on Spoutible

Honey and pepper and roses en déshabillé

I hate to say this, but do not count on grocery prices to ever "go back to normal". Some of the more inflated items may come back down (some), but don't expect that the day is coming when food prices are going to shrink across the board.

Lola Gayle @LolaGayleC

That's all fine, but now do groceries.

CNN - Retailers jacked up prices and squeezed consumers. They might have just blinked

Retailers jacked up prices and squeezed consumers. They might have just blinked | CNN Business

Retailers are feeling jittery. Consumers aren’t shopping like they used to. In a game of chicken between stores and shoppers, it’s the stores that appear to be yielding first, by dropping prices on thousands of products.

08:00 AM - May 06, 2024

08:10 AM - May 06, 2024

The Reluctant Townie

@reluctanttownie

In response to Honey and pepper and roses en déshabillé.

The new prices do reflect a new reality. Some of it represents the accuracy of bringing the product to the consumer. That will be higher than the past. But as has been noted, much more is just opportunistic and coordinated.

08:19 AM - May 06, 2024

Honey and pepper and roses en déshabillé

@DianeLMajor

Oh true. But I don't see shrinkflation reversing itself. A couple companies may have the good sense to give a big splash with "back to the original size!" marketing campaigns. But not many. And the rest will just sit on the profits and squeeze their workforce.

In response to The Reluctant Townie.

08:54 AM - May 06, 2024

The Reluctant Townie

@reluctanttownie

In response to Honey and pepper and roses en déshabillé.

I agree. The expectation of ever increasing profits is held as gospel by our economic system. The Biden/Harris administration is the first, at least to me, that is finally pushing back. It'll take steady progress in every 2 years election cycle going forward to reverse the mindset.

08:59 AM - May 06, 2024

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Retailers jacked up prices and squeezed consumers. They might have just blinked | CNN Business