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It's basic economics. As prices rise sales drop, you just need to adjust to find the point of maximum profit. Since market information isn't perfectly known you'll occasionally see overshoots like this.
ya. basically they hit that 'tipping point' where the increased profit margins from the higher prices is no longer keeping up with the decrease in sales volume resulting from those ever-increasing prices.
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Funnily enough I haven't really used a big retailer in ages. I might hit Walmart on very niche items, though only if I'm not aware of a local alternative. Same for Amazon: Go on there, look for stuff, check who makes a thing, go to that website or spend a minute and scroll through Etsy. Amazon: The worldwide product distributor info marketplace.
Aldi for life.
this post was submitted on 31 May 2024
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