[quote=dennis2146][quote=Triple G]In your aged experience, how often have you seen prices go down (if ever) as quickly as they went up due to inflation? Or, let us know what trumps specific actions that will bring all the prices down.
https://www.foodandwine.com/walmart-restoring-pre-inflation-prices-8603913You are on a three-day streak of lying.
[color=blue]Walmart Is Lowering Prices Back to Pre-Inflation Levels
Eggs, apples, and deli snacks will now cost significantly less.
By Karla Alindahao Published on March 4, 2024
Walmart is changing up a bunch of things for the better, like its nationwide rollout of Uncle Sharkii poke bars, which the Arkansas-based big box store hopes to complete within the next several months, and its recently executed stock split — the first since 1999.
But its latest announcement is likely to gain more nods of approval than any of the aforementioned initiatives. In a February 20 earnings call, Walmart president and CEO Doug McMillon implied that prices were going to go down and said: “In food, prices are lower than a year ago in places like eggs, apples, and deli snacks, but higher in other places like asparagus and blackberries. Dry grocery and consumables categories, like paper goods and cleaning supplies, are up mid-single digits versus last year and high teens versus two years ago. Private brand penetration is up in many of the countries where we operate, including the United States.”
The statement reiterates what McMillon put forth in November of last year, stating that the big box chain could be entering a “deflationary environment” — “We may see dry grocery and consumables start to deflate in the coming weeks and months,” McMillion said.
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Considering that food prices have increased by 25% since the beginning of the pandemic, per the Federal Reserve Economic Data, this is all welcome news — and is certainly worth some rejoicing.
And that’s not all.
Walmart released a statement today announcing that it’s lowering the prices of its popular Easter meal. “With customers still feeling the burden of high food costs, Walmart is lowering the cost of a curated Easter meal, available for purchase at a price even lower than last year,” the statement said. “Customers will be delighted to discover that the meal features all the Easter mainstays, from ham and sweet potatoes to all the ingredients for deviled eggs, to apple pie and more. Best of all, the meal can serve up to 10 people and is available for an average price of less than $8 per person.”
How like you to tell me I am lying in the past because a few merchants are lowering their prices NOW. Fact IS inflation still surrounds all of us. Your piss ant comment about a FEW stores lowering their prices means nothing in the grand scheme of things does it? Just more of the lies and bullshit you on the Left are famous for. I can see POS Biden now telling the world, I lowered prices right after crossing the Baltimore bridge on a train and just before my son Beau was killed while charging up San Juan Hill in the Spanish American War. Nothing but demented crazy bullshit from a President who can't wipe his own butt or who has to be escorted from a stage because he has no idea how to go anywhere. Yet you lying corrupt Left Wingers sing his praises of doing nothing.
Enjoy your deviled eggs and apple pie.
Dennis[/quote]
More yap, yap, yap that I didn't read and I'm all the smarter for not doing so.
But, I figure you didn't answer the question posed to you of when prices returned to prior levels in your aged-old existence!