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jimt1234 4 hours ago

> As affordability became Americans' top concern, big brands began to worry about shoppers switching to store-label competitors or skipping some purchases altogether.

I think, at least in the last year-or-so, big brands also became worried about getting flamed by the president for raising prices.

NickC25 3 hours ago | parent [-]

The companies that got flamed by 1600 Penn were the ones that raised prices without paying the occupant of 1600 Penn a bribe beforehand.

arcanemachiner 2 hours ago | parent [-]

For the other 96% of the world population: 1600 Penn is a cute slang term referring to the address of the White House, a.k.a the president.