Why consumers are paying more for lower-quality goods

Opening Bid Unfiltered is available on Apple Podcasts, Spotify, YouTube, or wherever you get your podcasts. The apparel retail industry has experienced its share of ups and downs this year. A focus by the Trump administration on tariffs has raised supply chain costs for most apparel manufacturers. In turn, those manufacturers have passed on price increases to shoppers. Consumers have responded by delaying purchases for deals or forgoing them altogether. The more positive end of the spectrum remains the high ...