Inflation has rocked the retail industry for the past few years, but you don’t have to admit defeat. Learn how to fortify your business against rising prices so you can keep succeeding.
Retail Inflation & What Your Business Can Do About It
Inflation, or the rate at which the prices of goods and services increase, has been highly volatile for the last couple of years. Between December 2020 and December 2021, the consumer price index for all retail goods increased to 7%, nearly triple the inflation rate the United States had seen in a decade. From there,…