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“I’m taking a very, very big risk opening another retail location,” says Annie Lang Hartman, owner of the Michigan retail brand Wild Lettie.
With rising prices, ongoing supply chain issues and the wrong inventory, it’s a rough time to be a big-box store.
The slight decline from April to May could indicate a slowing economy — which the Federal Reserve is hoping for.
Some essentials — notably food — may may maintain their price strength. Appliances and furniture may come down quicker.
As inflation hits and consumers abandon pandemic spending habits, Target and others have the wrong kind of stuff on their hands.
For some, it’s about consumers spending less. For others, it’s about other businesses spending less.
Business is up at a North Carolina shop, but managing inventory and costs are headaches.
Rebranding can be risky, but Annie Lang Hartman, owner of Compass Paper thinks it’s “definitely going to be worth it.”
Storefront prices were too high, so Latanya DeVaughn of Bronx Bound Books used savings, a grant and a bus to realize her dream.
Irene Kesselman, owner of Ali Cat Toys, said her store’s inventory is high leading up to Easter — partly because she wants to avoid future inflation.