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.
    • Lesrid@lemm.ee
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      7 months ago

      Yeah it really seemed like the crypto rush is what set all this off, but that can’t be right can it?

      • treefrog@lemm.ee
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        7 months ago

        No. It was the pandemic and price gouging during the pandemic. The only thing crypto affected was video cards.