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"There's A Revolt" - Retailers Reach Limits On Prices Increases As Consumers Pushback

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“Some department stores and apparel retailers are hitting thresholds for how much they can raise prices. There was very little resistance from consumers as inflation began to rise over the last year. Now, inflation levels are the highest since 1982, and industry executives and analysts believe a price ceiling could be nearing as any higher would suggest demand destruction, sending consumers into hibernation mode."

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