3 ms·
> As affordability became Americans' top concern, big brands began to worry about shoppers switching to store-label competitors or skipping some purchases altog
by jimt1234 9mo ago
> As affordability became Americans' top concern, big brands began to worry about shoppers switching to store-label competitors or skipping some purchases altogether.
I think, at least in the last year-or-so, big brands also became worried about getting flamed by the president for raising prices.
- NickC25 9mo agoThe companies that got flamed by 1600 Penn were the ones that raised prices without paying the occupant of 1600 Penn a bribe beforehand.
- arcanemachiner 9mo agoFor the other 96% of the world population: 1600 Penn is a cute slang term referring to the address of the White House, a.k.a the president.