Sen. Warren blames Trump admin for 15% increase in shoe prices due to Dick's Sporting Goods acquiring Foot Locker.
Senator Elizabeth Warren (D-Massachusetts) has attributed the 15% increase in shoe prices ahead of the holiday season to the Justice Department's approval of Dick's Sporting Goods' acquisition of Foot Locker under President Trump. Warren expressed concern about the consequences of this merger, stating that it may have contributed to stores closing and negatively impacting American consumers. The Senator highlighted the correlation between the merger and the rise in shoe prices, emphasizing the potential implications for shoppers. These developments were detailed in an article on Benzinga.com.
Source: Unusual Whales The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments