You are here

Fed's attempts to lift rates falter as firms waver

Many companies still think they can't push through price increases, even after eight years of economic expansion

BT_20170623_CPBUZZ23ORHB_2948665.jpg
Amazon, which is acquiring Whole Foods Market (above), is expected to cut headcount and change inventory to reduce prices as it steps up competition with Walmart and other big-box retailers.

Washington

IT'S like bringing a knife to a gunfight.

That's how McKinsey & Co consultant Walter Baker describes the plight of corporate salespeople doing battle with purchasing managers in the US today.

The vendors want to charge more for the in-demand products they're

sentifi.com

Market voices on:

Editor's Choice

Powered by GET.comGetCom