Ben’s Newsletter • 39 implied HN points • 28 Sep 22
- Consumers are changing their shopping habits due to rising prices. Many people are looking for discounts, shopping less, or sticking to essential purchases.
- Despite the pressure, people are still spending but are choosing cheaper options or smaller amounts. It's all about making trade-offs with their money.
- Retailers are facing challenges with excess stock and returns. They need new ways to sell off inventory without heavily discounting, which can hurt their profits.