Retailers Hesitate to Raise Grocery Prices Despite Inflation Pressures

Reported 3 days ago

Major retailers like Walmart, Target, and Costco are focused on keeping grocery prices low, even as they face inflation pressures and need to raise prices elsewhere. Experts indicate that maintaining lower food prices is essential for attracting customers and fostering loyalty, as高 food prices can deter shoppers. Many grocery items are domestically sourced, allowing retailers some flexibility. Retailers are cautious, aware that Americans are still adjusting to previous price hikes, and aim to avoid losing consumer confidence in the grocery aisle.

Source: YAHOO

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