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Comment by bdisl | Hacker News Reader

When IKEA does it it’s good because IKEA is European.

Pre COVID, IKEA had a lot of decent value stuff (prices were low, relatively better built items too, relative to the other stock). There were also plenty of staff on the tills and on the shop floor to ask questions or get assistance.

You genuinely felt they passed on the savings

They also had decent online shopping.

These days though they're just like everyone else and have cut cut cut and prices have risen. The restaurant has gone to crap too

> These days though they're just like everyone else and have cut cut cut and prices have risen. The restaurant has gone to crap too

Aren't restaurants a totally local thing? They have vastly different offers eg in slovenia compared to italy (i visit both quite often), except for maybe hotdogs and cinnabuns... somehow the main ikea prices are different too.

Kind of. I just compared US to PL. We have much more choices here in PL, and breakfast is completely different. Meals are mostly different, but have a lot of common ingredients ( like iconic beans and meat balls). Us has no soups at all, while we have 5 kinds. Cakes are similar, but again we have much more choices.

The reason why companies cut jobs while increasing prices for the same or worse products...... is.... wait for it..... money printing. NOT some new found level of corporate greed, companies have ALWAYS been greedy. It's not a change in greed. It's the result of the covid shutdowns where money printing was increased at the same time as the production of goods and services declined. That economic imbalance is still being felt, and of course money printing has re-accelerated after the big inflation scare caused them to temporarily cool it down.

*because ikea is cheap.

Crucial element in GPs complaint was lack of passing on savings to consumers.

Nope, is just as bad.

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