Jerry Lockspeiser: Have we lost the connection between price and value?

By Jerry Lockspeiser

Published: 18 December, 2025

If you are as old as I am, or you have parents who regale you with tales of their youth, you will be familiar with the time when retailers aimed to keep prices stable throughout the year – except for the annual sales in January. We looked forward to these as a special event. With genuine bargains to be had there was a feeling of excitement and the chance to get true value.

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