Why one popular shoe brand is lowering prices in the face of inflation | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 95%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

As inflation continues to strain family budgets, one maker of popular footwear is lowering prices on its products to provide some relief to weary consumers.

As inflation continues to strain family budgets, forcing people to prioritize purchasing daily necessities over discretionary buys, one maker of popular footwear is lowering prices on its products to provide some relief to weary consumers.

“On average, we are bringing prices down by 5% across the board,” John Evons, president of Keen said Friday in an interview with CNN. The company announced the move on its website on Thursday. “We believe we are doing the right thing to help people in this inflationary environment. We want people to continue to enjoy the outdoors and be able to go to work with safe shoes,” he said.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 4. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

The US economy added 339,000 jobs last month, soaring past expectations — again | CNN BusinessThe US economy added 339,000 jobs last month, soaring past expectations — again
Источник: CNN - 🏆 4. / 95 Прочитайте больше »

Farm animals, crops suffer from extreme weather affecting China | CNN BusinessWith parts of China experiencing record high temperatures and heavy rains, reports of farm animals and crops suffering from extreme weather patterns are dominating headlines in the country, raising concerns about food security in the world’s second largest economy.
Источник: cnni - 🏆 326. / 59 Прочитайте больше »

How Chick-fil-A became a target for going 'woke' | CNN BusinessChick-fil-A has become a surprise target of right-wing ire following the discovery that the company has an executive overseeing its diversity, equity and inclusion policies.
Источник: CNN - 🏆 4. / 95 Прочитайте больше »

Netflix shareholders reject sky-high executive pay packages | CNN BusinessNetflix shareholders voted on Thursday to reject multi-million dollar pay packages for the company’s top executives including for co-CEOs Ted Sarandos and Greg Peters.
Источник: CNN - 🏆 4. / 95 Прочитайте больше »

Elon Musk is accused of insider trading by investors in Dogecoin lawsuit | CNN BusinessInvestors proposing a class action lawsuit have accused Tesla CEO Elon Musk of insider trading and manipulating the cryptocurrency Dogecoin, costing them billions of dollars.
Источник: CNN - 🏆 4. / 95 Прочитайте больше »

The uber-wealthy are doing just fine and Wall Street is cashing in | CNN BusinessWorries of a possible global recession are deepening as heightened inflation and interest rates act as a brake on spending, while geopolitical strife adds to a sense of profound economic uncertainty.
Источник: CNN - 🏆 4. / 95 Прочитайте больше »