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A tale of two Ralphs — Lauren and the supermarket — shows the reality of a K-shaped economy

The holiday shopping season highlights the growing economic divide in America, exemplified by affluent customers at Ralph Lauren on Rodeo Drive contrasted with budget-conscious shoppers at Ralphs grocery store. This reflects the K-shaped economy, where high-income households are experiencing financial growth while lower-income families face inflation and stagnant wages.

Beverly Hills, CA - December 14: People walk around Rodeo Drive outside of Ralph Lauren on Sunday, Dec. 14, 2025 in Beverly Hills, CA

Beverly Hills, CA - December 14: People walk around Rodeo Drive outside of Ralph Lauren on Sunday, Dec. 14, 2025 in Beverly Hills, CA

Credit: (Juliana Yamada / Los Angeles Times)

Key Highlights

  • Ralph Lauren's store attracts wealthy shoppers in Beverly Hills.
  • Ralphs grocery is frequented by consumers seeking bargains.
  • The K-shaped economy illustrates a widening wealth divide.
  • High-income households are seeing rising pay and asset gains.
  • Lower-income families are struggling with inflation and stagnant wages.
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Sources

  1. A tale of two Ralphs — Lauren and the supermarket — shows the reality of a K-shaped economy

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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