Consumers feeling economic pressure — PYMNTS.com

Photo by Emil Kalibradov on Unsplash

Consumers are feeling the pinch, and retailers are taking notice:

That’s because with the economy cooling and consumers feeling pressured, ‘the days of proudly talking about price increases are behind us,’ Simeon Siegel, an analyst with BMO Capital Markets, told the WSJ. ‘It’s no longer the badge of honor it once was.‘”

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