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this post was submitted on 29 Sep 2023
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Privacy
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I got some insight from a friend who works at a major supplier for these retail stores in Canada. He said how they manage prices is that when they anticipate a rise in cost they'll jack the price all the way to a future projected target instead of following the current inflationary rate so that they won't need to constantly quote their customers different prices. They don't care because they know it will get passed downstream.