inflation rates – Dispatches From The Front

Amazon’s exclusive Prime Day sale is back for its seventh year in 2022, but record-high inflation rates have made it harder than ever to figure out which deals are actually worth adding to your cart. Below, we’ve rounded up some must-know Prime Day info that you can use to make smart shopping decisions and stretch your dollar against soaring prices.

What is Prime Day?

Prime Day is an annual sitewide sale that Amazon puts on for its Prime members. First held in 2015 in honor of Amazon’s 20th anniversary (with mixed success), it was originally plugged as a “one-day-only event filled with more deals than Black Friday, exclusively for Prime members around the globe.” In the years since, it’s morphed into a 48-hour affair that’s preceded by a couple weeks of teaser deals. “Prime Day” is a misnomer at this point.

There might be some bad news for Starbucks regulars, and they can thank the seemingly never-ending supply chain issues for it.

Starbucks reported that it will be increasing prices in stores later this year thanks to less than stellar Q1 2022 results. Though total revenue topped estimates at about $8.05 billion, earnings did not meet Wall Street’s expectations.

“Our pricing strategy … is driven by several factors such as inflation rates, partner investments, the infrastructure investments that we want to make, and then obviously, the investments we want to make on continuing the innovation pipeline. We do all those things while balancing the premium value for our customers and the experience we want to provide them,” John Culver, group president of North America and COO of Starbucks said on its quarterly earnings call.

Tag: inflation rates

Amazon Prime Day 2022: When is the sale, early deals, how to earn free credits, and more | Mashable

Starbucks Set to Increase Prices in All Stores, Once Again | Entrepreneur