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Feeling Consumers’ Pain, Retailers Bring Back Discounts
The pandemic shopping boom led many stores and brands to widen profit margins by charging more. Now value is the watchword as shoppers grow choosier.
By Talmon Joseph Smith and Jordyn Holman
Depending on the day, week or month, I may be covering breaking news related to key economic data, traveling across the country to write about a community that is representative of a broader economic trend, or staring into my laptop all day, making phone calls, working on an explanatory or investigative article. If something relates to the distribution of people, money and power, chances are it is of interest to me.
Before joining Business, I worked as a staff editor in the Opinion section, editing columnists and regular contributors as well as commissioning guest essays from a variety of outside voices about economics, policy and culture. I graduated from Tufts University in 2016 and afterward worked as a visiting scholar at the N.Y.U. Journalism Institute. While in college, I completed an internship at a Washington-based nonpartisan think tank on campaign finance, tracking networks of moneyed influence and evaluating the economic arguments of corporate lobbyists engaged with both sides of the political aisle. Before joining The Times in 2018, I worked at GQ Magazine. I was born and raised in New Orleans.
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The pandemic shopping boom led many stores and brands to widen profit margins by charging more. Now value is the watchword as shoppers grow choosier.
By Talmon Joseph Smith and Jordyn Holman
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This was featured in live coverage.
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This was featured in live coverage.
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