CHARLOTTE, N.C. — Grocery stores are sick of high prices and now they are pushing back.
Let's connect the dots.
Major retailers and grocers are now leaning on suppliers to cut prices, that's according to a new report from the Washington Post. It comes as inflation begins to cool and consumer spending and retail sales fall.
You can stream WCNC Charlotte on Roku and Amazon Fire TV, just download the free app.
Retailers usually negotiate prices with their vendors at least once a year, but now vendors are having to make their case for keeping their sky-high prices.
And now retailers are threatening to stop orders or move products to less favorable places on shelves. But it's not going to help your bottom line. Experts say shoppers who are paying for pricier goods are getting cut out of any deal.
FREE PODCASTS
Flashpoint is a weekly in-depth look at politics in Charlotte, North Carolina, South Carolina, and beyond with host Ben Thompson. Listen to the podcast weekly.
SUBSCRIBE: Apple Podcasts || Spotify || Stitcher || Google Podcasts
All of WCNC Charlotte's podcasts are free and available for both streaming and download. You can listen now on Android, iPhone, Amazon, and other internet-connected devices. Join us from North Carolina, South Carolina, or on the go anywhere.
Locked On is the leading podcast network for local sports and is owned by WCNC Charlotte's parent company TEGNA.
Listen to Locked On here.
All of WCNC Charlotte's podcasts are free and available for both streaming and download. You can listen now on Android, iPhone, Amazon, and other internet-connected devices. Join us from North Carolina, South Carolina, or on the go anywhere.
Wake Up Charlotte To Go is a daily news and weather podcast you can listen to so you can start your day with the team at Wake Up Charlotte.
SUBSCRIBE: Apple Podcasts || Spotify || Stitcher || TuneIn || Google Podcasts
All of WCNC Charlotte's podcasts are free and available for both streaming and download. You can listen now on Android, iPhone, Amazon, and other internet-connected devices. Join us from North Carolina, South Carolina, or on the go anywhere.