Chinese crap costs more, so does Korean, Vietnamese and other merchandise. That being said, 99 cent stores are feeling the pinch, so they will raise their prices to 99.99 cents.
The 99 Cents Only store is making their first ever price increase at all 277 stores. Taking a tip from the gasoline retailers who have the extra 9/10 cent added on, 99 Cents Only took it a little further to adding 99/100 cents.
This will generate $12 in new revenue and the CEO will probably get a bonus that ends in $.99
Stats for Inflation Killing Retail Brands
Trending: Older & Mild
Research: 2,187 clicks in 402 w
Interest: > 3 minutes
Concept: Inflation Killing Retail Brands
Related: 48 examples / 37 photos
Segment: Neutral, 18-55
Comparison Set: 18 similar articles, including: scents that make you shop more, trick marketing used by retailers, and retail giant not recognizing blogs.
Inflation Killing Retail Brands
More Stats +/-
Trick Marketing Used By Retailers
Scents That Make You Shop More
Retail Giant Not Recognizing Blogs
Solar-Powered Retail Stores