The result is a deflationary spiral that isn’t going to end, experts tell CNBC.
Retailers are caught in a “deflationary spiral” that forces them to offer the kind of steep discounts expected during the holidays, agree several experts consulted for a report by CNBC that concludes that the price-wars will continue. This in turn creates the expectation of discounting among shoppers. "Everybody loves a value," said an analyst for PriceWaterhouseCoopers. "How do [retailers] stop? You just can't stop."
Hear What the Industry Thinks About the Ultimate Lens Package by Essilor
Eye care professionals, patients, and Essilor sales consultants shared their feedback on the Ultimate Lens Package. Watch to see why they believe the innovation behind the lens can make the difference for your practice and for your patients. For more information on the Ultimate Lens Package, contact an Essilor Sales Consultant or click here.