Prices are rising weekly - exchange rate fluctuation, sourcing costs, labour costs, factory costs, shipping costs, oil/fuel, distribution.
I lost many margin points last year from increased costs in sourcing but consumers wanted cheaper prices!! All wholesalers/retailers are a being squeazed
January price rises have been on the cards for months. I said it before and I'll it again.
This isn't anything to due with being ripped off, this is the reality of inflation on most consumer goods. Get used to it in 2011
Originally Posted by toxicnerve
Easier to do that rather than doing it twice and having to reprint the literature twice at a guess?
Yep, you will also be seeing new 2011 stock arriving in stores which will trigger the increases on top of VAT increase