Prices for electronics sold online at top U.S. retailers were up slightly headin...
On average, the prices the retailers charged for electronics were 2.3% higher than the year-ago period, while across all the categories, prices were 0.9% higher, said Keith Anderson, senior vice president for strategy and insights at Profitero.
Walmart and Target did not comment on the study but pointed Reuters to past comments from executives about how they have managed tariffs by working with vendors and diversifying their supply chain. Amazon did not immediately comment on the study. Best Buy declined comment and GameStop did not respond to requests for comment. Staples asked to see the study but did not comment.
But while tariffs have driven up costs of goods for many retailers, at least the large firms have so far refrained from passing that cost pressure to shoppers, according to interviews with researchers, consultants and retail companies. In the Profitero analysis, Walmart’s products were only 0.4 percent more expensive compared to a year ago on a sample of over 6,000 popular holiday products. Amazon was 0.6 percent pricier on 9,200 products. A sampling of 1,200 items sold online by Target were 0.9 percent less expensive than during the year earlier period.
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