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Hot Topic: Should the government ever step in to get food companies to lower prices?

At the mall, it’s where band tees are the only tees. In Retail Brew, it’s where we invite readers to weigh in on a trending retail topic.
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Retail news that keeps industry pros in the know

Retail Brew delivers the latest retail industry news and insights surrounding marketing, DTC, and e-commerce to keep leaders and decision-makers up to date.

In France, Finance Minister Bruno Le Maire said that 75 food companies had agreed to cut prices on hundreds of products, a response to prices hitting record highs in recent months even though the costs of many product ingredients have dropped. Le Maire said the companies were earning “undue” profits and could face sanctions if they don’t drop their prices.

You tell us: If US federal officials determined food brands were making undue profits during an inflationary period, would you be in favor of the government stepping in to get food companies to drop prices? Cast your vote here.

Circling back: Last week, we asked whether a retailer’s decision to support or not support the LGBTQ+ community affected if you’d shop there. The majority (59.9%) of you said yes, a retailer’s decision to support or not support the LGBTQ+ community affected if you’d shop there, while 37.6% of you said it didn’t have an effect, and 2.4% didn’t know or weren’t sure.

Retail news that keeps industry pros in the know

Retail Brew delivers the latest retail industry news and insights surrounding marketing, DTC, and e-commerce to keep leaders and decision-makers up to date.