this post was submitted on 07 Jul 2023

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Prices set to rise as retailers battle high costs and fear of closure (www.stuff.co.nz)

submitted 1 year ago by Taubin@lemmy.nz to c/newzealand@lemmy.nz

9 comments fedilink hide all child comments

Prices will continue to rise in the next three months as almost 60% of retailers fail to meet sales targets and others fear closure within the year.

Surely raising prices will help them sell more!

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[–] Munkisquisher@lemmy.nz 3 points 1 year ago

As long as they don't claim it's to cover the costs from credit cards (in that case they can only charge the actual costs) they can add whatever surcharge they want