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May 30, 2024 · 1 min read

Might grocers’ price cuts ease inflation and the current vibe-cession?

> Target began cutting prices on 5,000 grocery store items
> > Walmart, which started lowering prices to pre-pandemic levels in March. > > Amazon said it was slashing grocery prices at its Fresh chain by up to 30% > > Aldi has begun reducing prices on more than 250 items > > Walgreens lowered prices on more than 1,500 items

Voting with dollars:

> in addition to eating out less and spending less at the grocery store, many price-sensitive consumers are switching from brand-name to in-house items.

via The Daily Upside