These are some of the ways inflation is changing Americans’ spending habits – By Scott Horsley (NPR) / Aug 21, 2022
With inflation near a four-decade high, American shoppers are watching their pennies and adjusting their spending habits – and the businesses that cater to them are taking notice.
The change in spending is affecting retailers across the country, from giants like Walmart to the neighborhood supermarket, as they look for ways to deliver more affordable products to their customers.
Here are four examples of what businesses across America are seeing, and how they are adjusting to the new shopping reality.
The family supermarket that’s offering gas promotions
Tom Charley’s family has been selling groceries in the Pittsburgh area for four generations, through lots of economic ups and downs. Even his father, who ran stores during the high inflation of the 1970s and ’80s has never seen a period quite like this.
“It’s a challenge, for sure. There’s no doubt about it,” Tom Charley says.
CONTINUE > https://www.npr.org/2022/08/21/1118212761/inflation-prices-consumer-spending-retail-savings
