I bought a pair of George jeans a couple of days ago for $15.
Where was this story when Biden’s Jimmy Carter-like inflation was forcing everyone to raise prices by double digits?
“ U.S. President Donald Trump’s trade war has forced companies to raise prices”
I haven’t seen any evidence of that. I have only seen sales people breathlessly advising potential customers to “buy now before the tariffs kick in”.
I don’t think it’s the rich doing the spending. I’m a low-end landlord. *Twisting handlebar mustache. * I’ve had to evict several tenants for nonpayment. The amount of new clothing, in the package, they leave behind is often staggering and can take me a day to dispose of. *
* No, I can’t donate it. By law, it’s ported to the curb and left there for trash pickup. I always make an effort to get the former tenants to pick it up. If they bother answering which is unusual, they’ll say, “I have no room for it.”
The Goodwills are crowded every weekend here..................
“The Levi’s consumer largely earns $100,000 and over. And that consumer we are seeing is generally resilient.”
And that’s just the ones working at Burger King. Of course, it’s also why a Whopper combo meal costs $30.00.
My state is testing “full price gasoline” thinking g that all drivers are rich apparently. Just ramped up $.20 in 3 days. $3.55 now for the cheapest
Well off shoppers do NOT shop for Levis.
I abandoned them in the late 90’s
Full-Price Strategy = Price Gouging
call it like it is
If I was making a hundred thousand dollars a year I wouldn’t be buying 60 dollar jeans. I don’t care how much money I make I am not paying full retail for anything except gasoline and certain food items.