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Senator Casey Targets Retail Giants Over Pricing Practices

U.S. Senator Bob Casey has recently sent letters to major retailers Target, Walmart, and Amazon, addressing concerns about their pricing strategies and linking them to “greedflation.” He criticized these companies for only starting to lower prices recently, despite the cost of goods decreasing much earlier. Casey is asking for detailed explanations on how these companies have been making pricing decisions over the last two years.

Casey’s correspondence highlights the record profits these retailers have made during periods of economic downturn and accuses them of using inflation as an excuse to raise prices, impacting American families adversely. He demands transparency about the recent price reductions, including their duration, and the companies’ use of tactics like shrinkflation.

As part of his ongoing investigation into corporate price gouging, which began in November 2023, Senator Casey has released several reports under the greedflation series. These reports discuss how corporations use various strategies, including hidden fees and product downsizing, to increase profits at the expense of consumers.

In addition to the inquiries sent to these retail giants, Casey has pushed for legislative actions and regulatory measures aimed at curbing excessive price increases and deceptive pricing practices that unfairly burden consumers.

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Earl L. Crawford, Jr. 1937-2024

Earl worked for Goodyear Tire and Rubber Company for 30 years before going into business for himself at Crawford Tire from 1981 until 2019.

Dennis W. Flythe 1953-2024

Denny attended Greencastle Antrim High School and graduated from Delaware State University. He focused on providing for his family and creating a legacy.

Arnold W. Wagaman 1939-2024

Arnie was employed at Mack Truck as a quality control specialist until his retirement; a total of 39 years. In his free time, he enjoyed fishing and gardening.

Farm and Garden Penn State Extension

For the week of July 15, 2024 https://extension.psu.edu/franklin UPCOMING WEBINARS AND EVENTS: Penn State Extension is pleased to continue to provide quality education via a

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