Another product on the Walmart site that spiked in price was a left-handed fishing reel. It rose from $57.37 to $83.26 from April to May, a jump of 45 percent, with a post on Reddit showing the two price stickers. Aisle Gopher’s price history says that the price of the reel was $51.12 on March 14.

Another Reddit post showed an increase in the price of cocoa powder from $3.44 in May 2024 to $6.18 in April 2025.

  • shalafi@lemmy.world
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    4 days ago

    Walmart Chief Financial Officer John David Rainey previously told Newsweek: “As we look ahead, while operating conditions are expected to remain dynamic, our strategy is clear, our top-line momentum is strong, and we are flexing into our advantages to protect margins as we grow.”

    “Look, lord knows what our fuckwit President will do next, but our plan is clear. While our profits continue to be strong, we’ll use our heft to squeeze suppliers and our near monopoly in rural areas to squeeze customers. In any case, we’ll protect our bottom line and continue to grow.”

    • scarabic@lemmy.world
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      4 days ago

      They’re the only store in many places so they are in a good position to raise prices. The big question is if their customers can afford to buy anything anymore.

      • Sunsofold@lemmings.world
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        3 days ago

        They could barely afford it before. The scary question is what they’ll do when they realize how screwed they are.

      • shalafi@lemmy.world
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        3 days ago

        Lemmy is big on making fun of “forever growth”. But that’s how the world has always worked, there is no ideal steady state. We Americans are within a couple of years of slamming into the brick wall of “can’t buy shit”.

        Nothing will save us but straight raping the rich for what they’ve done to us. And since they’ve bought and paid for all the mechanisms to claw back even a morsel, too late. There will quickly come a time when they can no longer be their own best customers. We provide the labor, value and purchasing power.