Retailers Stumble Adjusting to More Selective Shoppers - The New York Times

8/19/2022 12:00:00 AM2 years 8 months ago
by Jordyn Holman
by Jordyn Holman
In earnings reports this week, companies showed it has been a struggle to adapt to a consumer mind-set that is vastly different from what it was during much of the pandemic.
The strategy of discounting might not actually get to the root cause, analysts say. There is a point at which lower prices dont trigger incremental demand because the consumers already have it, said… [+1731 chars]
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