Shoppers Are Caught Off Guard as Prices on Everyday Items Change More Often
CFO News Room
FEBRUARY 5, 2022
“There have been more times than not where we’re almost just breaking even on products because of failure to be able to update the pricing,” said Jeff Wachenfeld, who manages two True Value hardware stores on New York’s Long Island. The Covid pandemic has strained global supply chains, causing freight backlogs that have driven up costs.
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