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I'm not surprised. K shaped economy, any sector that isn't high tech / AI is stagnant. It's rough out there. I've been saying since Covid, retailers have figure
by Wonnk13 2mo ago
I'm not surprised. K shaped economy, any sector that isn't high tech / AI is stagnant. It's rough out there. I've been saying since Covid, retailers have figured out some consumers aren't as price sensitive as previously thought. WholeFoods doesn't need to cut prices, but the lower tier grocery stores will really feel the cutbacks.
- reliabilityguy 2mo agoIn NYC Amazon fresh is cheaper than most of the grocery stores, except maybe some things like frozen food in Trader Joe. We simply stopped buying food in the grocery store across the street: Amazon fresh on many positions can be like 50% cheaper.
- claaams 2mo agoMr Bezos thanks you for your support and sends his regards.
- reliabilityguy 2mo agoWho cares? I prefer to spend way less and get better quality product than in our local supermarket. If you have a bough money to overpay because you do not want to “pay Bezos” — be my guest.