Corporate America may be bumping up against the limit of its power to keep raising prices as consumers in some markets cry uncle.

“Even though we’re pushing through pricing, the consumer is tolerating it well,” he said in October analyst call.

normal way to talk about ‘fellow’ human beings

    • TangledHyphae@lemmy.world
      171·
      10 months ago

      I’m more surprised that they thought they could double prices, but yet somehow still very noticeably drop in quality. McDonald’s quality drop isn’t quite as bad as say, Taco Bell and others but wow, seems like hubris is in the air lately with these corporations’ executive boards.