Small retailers say inflation a threat to their existence
Small retailers say inflation a threat to their existence
(NewsNation) —Rising prices, inflation and consumer spending habits have been changing the lives of local business owners, as inflation reached a 9.1% annual rate in June, the worst mark in nearly 41 years.
“It’s a gamble every single week. If we’re going to be able, you know, to survive in the next year,” Courtney Pierce, EO of the women’s boutique, Lucy Loft, in Tennessee, told NewsNation’s…