Skimpflation Hitting Businesses Hard

WJR Business Beat

English - October 12, 2022 07:00 - 2 minutes - 2.2 MB - ★★★★★ - 2 ratings
Entrepreneurship Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: Announcing Michigan Tech Week Events

Next Episode: Small Business Spending More to Protect Against Cyber Attacks

Skimpflation, refers to consumers now proactively skimping on services, subscriptions, and purchases they otherwise would've made without issue. Retailers and businesses in general are going to bear the brunt of these cuts.