Apparently, it’s not just the banks.<\/p>\n
It’s not just the automakers.<\/p>\n
Not just the newspapers.<\/p>\n
This, from today’s Wall Street Journal<\/em>:<\/p>\n Shoppers continue to pare back spending even on basic household staples, resulting in lower-than-expected sales for Procter & Gamble Co. and Colgate-Palmolive Co. The consumer-products giants are responding by raising prices to keep profits from plunging.”<\/p><\/blockquote>\n Ellen Byron’s article goes on to say that consumers increasingly are buying private-label (store) brands, or cheaper brand names: P&G’s Gain and Luvs are bought instead of its Tide and Pampers, respectively.<\/p>\n But increasing prices as the solution? The Journal continues:<\/p>\n Analysts said higher prices could backfire.”<\/p><\/blockquote>\n Analysts, go to the head of the line.<\/p>\n","protected":false},"excerpt":{"rendered":" Apparently, it’s not just the banks. It’s not just the automakers. Not just the newspapers. This, from today’s Wall Street Journal: Shoppers continue to pare back spending even on basic household staples, resulting in lower-than-expected sales for Procter & Gamble Co. and Colgate-Palmolive Co. The consumer-products giants are responding by raising prices to keep profits […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3],"tags":[],"class_list":["post-1178","post","type-post","status-publish","format-standard","hentry","category-news-spin"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":229,"url":"https:\/\/benpollock.com\/brick\/2006\/09\/organic-boilerplate\/","url_meta":{"origin":1178,"position":0},"title":"Organic boilerplate","author":"Ben S. Pollock","date":"September 6, 2006","format":false,"excerpt":"Newspaper supplements as a rule have disclaimers in them. Sure they're small type, but they are there. They basically give the dates of the sale, that rainchecks are offered if an advertised item gets depleted and that the prices are exactly as posted. Ozark Natural Foods, my favorite grocery store,\u2026","rel":"","context":"In "Body, Home, Street"","block_context":{"text":"Body, Home, Street","link":"https:\/\/benpollock.com\/brick\/category\/body-home-street\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":315,"url":"https:\/\/benpollock.com\/brick\/2007\/05\/hail-commodius-seen-caesar\/","url_meta":{"origin":1178,"position":1},"title":"Hail, Commodius, seen Caesar?","author":"Ben S. Pollock","date":"May 14, 2007","format":false,"excerpt":"Copyright 2007 Ben S. Pollock Commodity. I didn't know that was a bad word. During the early years when I covered business while reporting a lot of subjects, I learned that one invested in commodities. It is an article of trade or commerce, especially a product that can be processed\u2026","rel":"","context":"In "The Course of Words"","block_context":{"text":"The Course of Words","link":"https:\/\/benpollock.com\/brick\/category\/course-of-words\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":342,"url":"https:\/\/benpollock.com\/brick\/2007\/08\/exxxxxcellent\/","url_meta":{"origin":1178,"position":2},"title":"Exxxxxcellent","author":"Ben S. Pollock","date":"August 1, 2007","format":false,"excerpt":"It's all over the media this morning, after weeks of semi-substantiated rumor. The Bancroft family has sold Dow Jones. For us news hounds, that means The Wall Street Journal is changing hands. The Journal offered an irresistible offer to college students when I was in grad school. For more than\u2026","rel":"","context":"In "News, Spin"","block_context":{"text":"News, Spin","link":"https:\/\/benpollock.com\/brick\/category\/news-spin\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":255,"url":"https:\/\/benpollock.com\/brick\/2006\/12\/maybe-a-big-clue\/","url_meta":{"origin":1178,"position":3},"title":"Maybe a Big Clue","author":"Ben S. Pollock","date":"December 31, 2006","format":false,"excerpt":"Lots of print publications remain confused on how to integrate the Internet most effectively. Even after a good decade of fantastic-yet-narrowing options, good ideas seem elusive. Then, there's Gordo: I think a lot of traditional newspaper publishers say, 'Wouldn't it be great if one day we make as much money\u2026","rel":"","context":"In "Technical Difficulties"","block_context":{"text":"Technical Difficulties","link":"https:\/\/benpollock.com\/brick\/category\/briefs\/technical-difficulties\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":268,"url":"https:\/\/benpollock.com\/brick\/2007\/02\/crustacean-of-the-month\/","url_meta":{"origin":1178,"position":4},"title":"Crustacean of the Month","author":"Ben S. Pollock","date":"February 2, 2007","format":false,"excerpt":"Tuesday's Wall Street Journal had a great profile on McDonald's chef, Dan Coudreaut. McDonald's. Chef. Make that \"director of culinary innovation.\" McDonald's. So you read along, and this being the Journal, the line of his career development and outlook all has a business or marketing focus, but it's fascinating all\u2026","rel":"","context":"In "American Culture"","block_context":{"text":"American Culture","link":"https:\/\/benpollock.com\/brick\/category\/american-culture\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2303,"url":"https:\/\/benpollock.com\/brick\/2010\/11\/certifiably\/","url_meta":{"origin":1178,"position":5},"title":"Certifiably","author":"Ben S. Pollock","date":"November 1, 2010","format":false,"excerpt":"First published in the November 2010 issue of the e-Columnist By Ben S. Pollock President,\u00a0National Society of Newspaper Columnists \"Politics make strange bedfellows\" goes the quote by 19th-century newspaperman Charles Dudley Warner, and this fall it's been columnists getting renown for jumping on the mattress. Columnists, commentators, news analysts, bloggers,\u2026","rel":"","context":"In "The Course of Words"","block_context":{"text":"The Course of Words","link":"https:\/\/benpollock.com\/brick\/category\/course-of-words\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/benpollock.com\/brick\/wp-json\/wp\/v2\/posts\/1178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/benpollock.com\/brick\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/benpollock.com\/brick\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/benpollock.com\/brick\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/benpollock.com\/brick\/wp-json\/wp\/v2\/comments?post=1178"}],"version-history":[{"count":5,"href":"https:\/\/benpollock.com\/brick\/wp-json\/wp\/v2\/posts\/1178\/revisions"}],"predecessor-version":[{"id":6703,"href":"https:\/\/benpollock.com\/brick\/wp-json\/wp\/v2\/posts\/1178\/revisions\/6703"}],"wp:attachment":[{"href":"https:\/\/benpollock.com\/brick\/wp-json\/wp\/v2\/media?parent=1178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/benpollock.com\/brick\/wp-json\/wp\/v2\/categories?post=1178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/benpollock.com\/brick\/wp-json\/wp\/v2\/tags?post=1178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}