Don't Waste Your Money | More retailers announcing price cuts to products | Business | wdrb.com
S E E D E D C O N T E N T
LOUISVILLE, Ky. (WDRB) -- Have you noticed all the announcements from big retailers lately that they are cutting down prices?
Many people haven't noticed their bills going down.
It seems that every week another retailer announces a price cut. First it was Aldi, then Target, now it's Walgreens, Walmart, and more.
Walgreens announced that it is slashing the price of more than 1,300 items. Among the rollbacks, according to MSN News, One-A-Day gummy vitamins were $13.49, and now they're $11.99.
Eucerin Hand Cream was $7.29, now $5.99.
A report from New York Magazine says these announcements suggest that stores had raised prices too much to the point where consumers started cutting back on shopping.
They have to get shoppers back in the store.
Despite the fanfare over the price cuts, prices are still higher than they were in 2019, before the pandemic kicked off a wave of inflation.
In most cases, the cuts are small and you may not even notice it, but it's a step in the right direction.
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Deflation!
Quick better tell the FED; because they forgot to lower interest rates again./S
Biden and the Democrats did that!
Russia, China, and Iran are please that some want to reward them for that.
Walmart, Target, Aldi and other retailers are slashing prices...
You were given the inflation numbers.
Who cares if retailers are lowering the prices on products that people cut out of their lives due to inflation?
People are struggling to put food on the table, pay rent, mortgages, and utilities; and all Democrats and leftists can concentrate on is the price of " One-A-Day gummy vitamins" and "Eucerin Hand Cream".
Shows how disconnected from reality they really are.
You've got to admit it's getting better. Better every day...
Not really. You must not go shopping much. Inflation has slowed, but still exceeds historical levels.
Yes, REALLY!
That is my point. I do the shopping and prices are down noticably in the last month. Do you go shopping regularly? I was in Western Oklahoma lately and grocery prices were still way higher than they are at my Aldi in The Bronx NY. What in hell is up with that?
Major retailers are all having to cut prices to be competitive.
It is capitalism, supply and demand. Goes up? Comes down!
That's not even close to true. We haven't even gotten close to cracking the 10 ten. The inflation rate in 1981 was 10.34% down from 13.55% the year before.
The ten highest inflation rates in US history...
We can do without vitamins and hand cream but we can't live without food. That's where they need to slash prices.
Mr G got 5 bags of chips at Kroger a couple of weeks ago for the price of 2 bags
The price of staples like my favorite Ranch Style Beans and Lipton Gallon Size Tea Bags has dropped by over half recently. People bitch about inflation but wait until their home or stock equity falls out...
Covid-19 and Putin's war in Ukraine fucked the supply chain making supply and demand out of balance temporarily. It is rebalancing...
The US economy is now leading the world economically post-Covid!
Therre is much more to the economy than groceries
…the price of bump stocks skyrocketed.
True, building products and raw materials are down, too...
It is called supply and demand. Ever heard of economics?