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Ansem 🧸💸· 2026-03-14 01:58
RT Dirky (@713Capital)@blknoiz06 That shit is more for professional athletes and honestly, I don’t think it’s worth the 250-300 a year. You can just get a smart ring and it’s less dumb looking. I canceled mine. Oura ring gives you the exact same data and you can still wear your normal dope watch vs dumb whoop ...
Who’s going to ‘eat’ tariffs? Not US shoppers
The Economic Times· 2025-10-09 11:10
Core Insights - The article discusses the impact of rising import costs and tariffs on consumer behavior and retail sales during the crucial holiday shopping season, known as the Golden Quarter [1][2][20]. Retail Dynamics - Retailers are facing a challenging environment as they attempt to sell full-price merchandise while consumers are increasingly seeking deals due to higher prices [2][20]. - Companies like Nike Inc. and Elf Beauty Inc. have already raised prices, with Primark also adjusting prices in its US stores, indicating a broader trend of price increases across the retail sector [3][20]. - Walmart has reported rising costs each week as new supplies of imported goods arrive, reflecting the ongoing impact of tariffs on retail pricing [3][20]. Consumer Behavior - Despite a 3.5% increase in US retail sales in August, much of this was attributed to inflation, with underlying volume growth only at 0.4%, indicating a slowdown in consumer spending [5][20]. - Consumers have adapted to rising prices by employing strategies such as buying private label goods, shopping at discount stores, and purchasing in bulk to save money [9][10][12][21]. - Shoppers are also substituting more expensive items with cheaper alternatives, which could affect holiday spending patterns [13][21]. Sales Projections - Overall sales in the final quarter are expected to increase by only 3.1%, the lowest growth in five years, factoring in inflation with a US CPI of 2.9% in August [15][21]. - Retailers may need to increase promotions to move inventory, which could lead to greater discounting and reduced profit margins as they absorb more of the tariff burden [14][15][21]. Economic Influences - Higher-income consumers have seen improved financial conditions due to a strong stock market, which may benefit luxury brands like LVMH [17][21]. - Consumer behavior may also shift unexpectedly during tough economic times, leading to increased holiday spending despite caution [18][21]. - However, ongoing tariff-driven price increases into the new year may dampen consumer sentiment once credit card bills arrive [19][21].