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Higher prices: the big trend for back-to-school
AP ^ | August 19, 2011 | Anne D'Innocenzio

Posted on 08/20/2011 8:10:05 AM PDT by bgill

Stores are trying everything they can think of to disguise the fact that you're going to pay more for clothes this fall.

Some are using less fabric and calling it the new look. Others are adding cheap stitching and trumpeting it as a redesign. And the buttons on that blouse? Chances are you're not going to think it's worth paying several dollars more for the shirt just to have them.

Retailers are raising prices on merchandise an average of 10 percent across-the-board this fall in an effort to offset their rising costs for materials and labor. But merchants are worried that cash-strapped customers who are weighed down by economic woes will balk at price hikes. So, retailers are trying to raise prices without tipping off unsuspecting customers.

"Let the consumer trickery begin,"

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy
KEYWORDS: consumer; economy
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To: GailA

Right there with ya.


21 posted on 08/21/2011 6:54:29 AM PDT by bgill (just getting tagline ready for 6 months after you vote in Perry - Tried to warn you he's a RINO.)
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