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Bankruptcies Could Hit Retail Industry as Prices Increase and Consumers Reduce Spending
BlackEnterprise.com ^ | June 23, 2022 | Derek Major

Posted on 06/24/2022 9:08:45 AM PDT by Ebenezer

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To: libh8er

A new pizza place opened around the corner from me a few months ago and I couldn’t wait to try it, so my wife surprised me one night with a large 3 or 4 item pizza and it was really good. I asked her how much it was, and she said it came to 37.00. I nearly fell out of my chair. I can’t believe a large pizza could cost so much and she explained that the “base” pizza was only like $18, but they charge like $4 per topping.

The pizza was really good, but never again for me. I don’t expect them to be around that long with those prices in this economy.


21 posted on 06/24/2022 10:11:07 AM PDT by StayoutdaBushesWay (Trust in the Lord with all your heart, and lean not on your own understanding)
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To: Ebenezer

22 posted on 06/24/2022 10:28:41 AM PDT by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: Ebenezer

People have less disposable income and everything costs more.
What could possibly go wrong?

Another Fed rate hike in July?…


23 posted on 06/24/2022 10:31:51 AM PDT by EEGator
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To: Ebenezer
The same might be said for Restaurants. We just had a once popular family restaurant close....sad to see it go.

Also noting that new or standard chain restaurants have altered to better serve take outs and smaller in house eating areas when they build or remodel.

24 posted on 06/24/2022 10:32:28 AM PDT by caww (O death, when you seized my Lord, you lost your grip on me......Augustine)
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To: Ebenezer

JC Penney was on the way out long before covid.


25 posted on 06/24/2022 10:33:27 AM PDT by caww (O death, when you seized my Lord, you lost your grip on me......Augustine)
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To: Brian Griffin

I do a big grocery run about every 6 weeks - this week the price differences from six weeks ago was marked and very apparent.

Also noted are package sizes much smaller.


26 posted on 06/24/2022 10:36:26 AM PDT by caww (O death, when you seized my Lord, you lost your grip on me......Augustine)
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To: Brian Griffin

According to my mom in Florida, prices at Publix is now at Whole Foods levels.


27 posted on 06/24/2022 10:41:01 AM PDT by Clemenza (In event of a Civil War, a face diaper is a great way to spot the enemy)
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To: Ebenezer

Building back better, right Sleepy Joe?


28 posted on 06/24/2022 10:41:29 AM PDT by From The Deer Stand
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To: Ebenezer

Consumers reduce spending? With gas at 6 bucks a gallon? What a shocker!

..Like the White House said, Americans need to have two jobs to sacrifice for Ukraine and to fight Putin!


29 posted on 06/24/2022 11:02:01 AM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: dragnet2

Maybe people are waking up and realizing that they really don’t need so much “stuff”.


30 posted on 06/24/2022 11:03:32 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: dfwgator

Bingo...Unless it’s absolutely necessary, we aint buying...No sale!


31 posted on 06/24/2022 11:06:24 AM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: CFW

A buddy has several gift cards to various restaurants in the area. He is trying to use them up before they go out of business.


32 posted on 06/24/2022 11:12:32 AM PDT by woodbutcher1963
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To: Restless
Home Depot - big decline in sales of building supplies.

Maybe. I'm still seeing a lot of activity at Home Depot, but not as much as before. Was there yesterday and bought over 1000 pounds of rock for a backyard project, got 1/3rd of the 50-pound bags for $1 each because they were open. They were offering grass sod for free if anyone would take it; but there are water restrictions here so we and others declined taking sod.

33 posted on 06/24/2022 12:10:30 PM PDT by roadcat
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To: Ebenezer

They NOT spending less...just way more on essentials...rent, food and gas...


34 posted on 06/24/2022 2:30:21 PM PDT by fuente (Liberty resides in three boxes: the ballot box, the jury box and the cartridge box--Fredrick Douglas)
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To: Ebenezer

They NOT spending less...just way more on essentials...rent, food and gas...


35 posted on 06/24/2022 2:41:22 PM PDT by fuente (Liberty resides in three boxes: the ballot box, the jury box and the cartridge box--Fredrick Douglas)
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