Inflation has been forcing businesses into dire situations.
The United States witnessed a shocking 4.2 percent rate of inflation in July, which was the highest it has been in decades. This means consumer goods are costing more now than usual, and retailers are feeling the pressure to raise their prices to cover costs. Dollar Tree, a dollar store retailer famous for only settling items at $1, has since made the announcement that they would start selling items for more than a dollar in order to cover rising shipping costs and beat off inflation.
