Airlines and FedEx are among the businesses that are beginning to erode their pricing power.
Certain companies are currently discovering the boundaries of their power over pricing following years of unrestrained spending by customers on everything from dream vacations to home renovations. FedEx, a major shipping company, reported last week that customers are choosing less expensive but faster shipping options. In the autumn, airlines, including Southwest, offered reduced off-peak fares. … Continue reading Airlines and FedEx are among the businesses that are beginning to erode their pricing power.
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