US90 cream and US10 toothpaste Companies target big spenders Jamaica Observer

NEW YORK, USA (AP) — Companies, from toothpaste makers to even discounters, are adding more premium items, like designer body creams and services, as they reach out to wealthier shoppers who are still spending freely even in the face of higher inflation and a volatile economic environment. Think US$10 toothpastes and US$90 creams on supermarket shelves. Retailers and consumer product companies felt justified in raising prices to offset higher costs from gnarled supply chains and Russia’s war in Ukraine last year. But as those financial pressures ease, some are looking for new ways to pump up sales and profits by…