A bright spot in the midst of inflation

sofas ordered during pandemic took months to arrive
We ordered these sofas for our new house in the Fall of 2020. It took more than six months for them to arrive.

I read an article yesterday in the Wall Street Journal that said big discounts are headed our way. That would be some good news with gas over $5 a gallon and meat prices going through the roof.

In an article called Stores Have Too Much Stuff. Here’s Where They’re Slashing Prices, reporter Rachel Wolfe shares the good news that items that were popular during the pandemic and were hard to find because of supply chain issues are here two years later. The stores have too much inventory and we should expect “discounts like you’ve never seen before.”

“Retailers are getting ready to cut prices of goods that were popular during the pandemic. Expect ‘discounts like you’ve never seen before.”

The items most likely to be discounted according to the article are patio furniture and sofas — things that take up a lot of room in stores. Other items that will be slashed in price are the stay at home remote working wear like sweat pants.

Target, Walmart and Macy’s announced recently that they are starting to receive large shipments of outdoor furniture, loungewear and electronics everyone wanted, but couldn’t find, during the pandemic. 

The problem for retailers—that these goods are delayed by almost two years—could be a windfall for those in the market for sweatpants or couches. Look for prices to start dropping around July 4, analysts say.

Retailer discounts are part of an effort to get shoppers interested in buying things again as Americans shift their spending to concertseating out, and travel they missed out on. Deep discounts are expected on oversize couches, appliances and patio furniture that are more expensive for companies to store in their warehouses, analysts say. 

https://www.wsj.com/articles/stores-have-too-much-stuff-heres-where-theyre-slashing-prices-11655170243?mod=life_work_featured_strip_pos3

With the stock market tumbling, inflation sky high and the possibility of recession on it’s way — I could use some good news. However, I don’t need any of those things.

What did you want to buy but couldn’t find during the pandemic? What do you think you’d like to buy at a discount?

WHAT?! How much for dinner?

Rack of lamb
Rack of lamb I made for Easter dinner. I think we’ll be eating in more and more.

This past weekend we took two couples out to dinner. They are friends as well as clients. I looked at the restaurant’s website to view the menu before we left. I always do that so I don’t take forever deciding what to order.

I was shocked! Prices have gone up since we last went out!!!

This restaurant is nice and known for their delicious food and impeccable service. It’s expensive but not ridiculously so — until now.

My favorite dish is their Dover Sole. Last time I was there, it was in the mid $30s. This past weekend I about lost it when I saw the hefty price tag of $55! I thought, I’ll skip an entree and go with the shrimp cocktail appetizer instead. Nope. $47!

I told my husband we needed to take out a loan to take a party of six out to dinner! Maybe get a HELOC. He said he’d ask his boss for the company credit card.

We were pleasantly surprised when both couples decided to split their entrees with their spouses. We did the same. Also, nobody ordered wine or drinks, but stuck to plain old tap water. Whew! I wonder if they were as shocked at the prices as us? Or, they felt sorry for us. In any case, what decent, kind people.

Also, I talked my husband into splitting the sole with me, so all was good!

What’s the biggest sticker shock you’ve seen since inflation has hit? Is it food, gas or ????

It’s happening — again!

empty shelves at grocery stores
I took this picture in March 2020 during the TP shortage. Our grocery store was almost completely out of TP today. The only difference from this photo to what the store looked today was this year’s much higher price tags.

It was a weird feeling today going to a large grocery store and discovering empty shelves in the toilet paper aisle. There wasn’t any name brand TP. The few packages left were brands I’d never heard of.

Do you remember hunting for TP in 2020? I do. I resorted to ordering it from Amazon and it was some very bizarre stuff with Chinese writing that took a month to arrive. At the time, I was shopping for my dad’s groceries and delivering them to him each week since he was 88 years old. He was asking if we could spare a few rolls, since there wasn’t any at the stores.

Bizarre to see that again today. What is up?

The other weird thing I noticed was almost everyone was wearing masks. In Arizona, we have a high vaccination rate, but you don’t have to wear masks anywhere. Well, mostly not anywhere. The exceptions are doctor’s offices and government buildings. I normally see a few elderly people wearing masks and that is all. Today there were only a handful of people NOT wearing masks.

I asked the checker what was up with the toilet paper. She said she’d heard a few things, but wasn’t sure what was true. First, they couldn’t get people to work to make the toilet paper. The other excuse was supply chain issues. How many times have I heard that since 2020? The checker said we’d all be fine if people don’t buy nine packages of toilet paper and just buy what they need. I honestly don’t think I have patience for this again. Do you?

I’m wondering if I’m missing something going on in the news? Is there something happening in Arizona? Are you seeing TP shortages, too? Do your stores have other items out of stock? Does everyone wear masks inside? How do your grocery prices compare to a year ago?

empty shelves at Target March 2020
We were looking for bleach at Target March of 2020.