Agree. Plus the “supply chain” issues have been resolved and stores are full of inventory.
You are the embodiment of derp. Oh the irony lol.
Tell the Jeep parts stores to follow, please.
OP thinks consumers are spending less because they want to, and not because there is literally less money circulating.
The point is retailers are lowering prices.
LOL - A few overstocked items might be reduced a couple of pennies but prices across the board are not being lowered.
That whole reward thingy is definitely heating up everywhere.
You bet..some of the “big boys”, Fed, etc will try to artificially impact the economy between now and election day. I hope/assume people will see through these tactics.
Yep. Don’t do shit for 3.5 years and then try and buy votes based on how great the direction of the first economy is going. Doesn’t matter what party is in office.
Might be the case with some vendors but I know for a fact that is not true of all vendors. I know of some products that vendors have reduced the price drastically but the retail price has remained the same.
Well it just happened. So yeah I’d say we could. What’s the excuse for every other election year when prices go down right before election time.
????You think the WH forced retailers to lower prices?
Well that's a conundrum because the shop paid the higher price but then the vendor lowered the price after the fact. We just had the same issue with the company I listed earlier in the thread. If we sold them for the new price, we would only be making $2/per item where before we were making $15. That's still a vendor reason for prices.
If the Fed was trying to influence the market, they would have already had 1-2 rate drops.
I’d also be willing to bet that when the vendor raises prices, retailers raise their prices as well. I’m guessing they don’t wait to raise their prices until after they sell all the inventory they purchased at a cheaper price. Thus you were making more than $15 on that product for a little while
Well they apparently did a damn good job of getting the economy back on track after Covid. Or who do we give that credit to then?
Did they care who brought the extra bread to the circus?
You mean like the vendor’s employees are being paid more now to put the product out there and so is the retailer’s staff?
I gave one example but in general I'm seeing vendors lower their prices because they aren't selling their products. It's been a tough year for a lot of retail. People are traveling more than ever after being stuck at home during the pandemic when they bought a lot because they had a bunch of money with not much to do with it. With all this being said, I think its a momentary pause in spending and things will get back to normal in the next 6-12 months. Americans love to shop and I don't see that changing.
You forgot to answer my question. Or did you purposely skip over it to avoid being called out?
