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A Dollar Ain’t What It Use To Be

September 3rd, 2008

99 Cents Only retail chain may face price hike

Ninety-nine cents just doesn’t go as far as it used to, and that’s a problem for the 99 Cents Only Stores chain.

Faced with rising inflation and soaring food prices, the retailer — known for never selling anything for more than 99 cents — is re-evaluating its pricing strategy. And that could mean breaking the $1 barrier for the first time in the company’s 26-year history.

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Entry Filed under: Interesting

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