All articles tagged with #retail prices
Originally Published 2 months ago — by CNBC
Retailers, especially Amazon, are raising prices due to tariffs, with Amazon increasing prices by an average of 12.8% this year, primarily affecting categories like apparel and hardlines, as they pass higher costs onto consumers amid ongoing inflation and tariff impacts.
Originally Published 1 year ago — by CBS News
Despite rising inflation, Costco has announced it will not increase the price of its $1.50 hot dog and soda combo, a price that has remained unchanged since 1985. This decision underscores Costco's commitment to providing value to its customers, even as other retailers like Target and Walmart also reduce prices to attract inflation-weary consumers.
Originally Published 2 years ago — by WOLF STREET
Used car wholesale prices have dropped by 53% from their pandemic peak, while retail prices have only fallen by 36%. Auction prices fell 0.5% in December, and the Manheim Used Vehicle Value Index has dropped by 20.9% from its peak in May 2022. Despite rising inventories, prices continue to decline, indicating that consumers are on a buyers' strike. The historic plunge in prices is attributed to dealers being more cautious about overpaying and consumers being less willing to pay inflated prices.