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How to Write a Price Increase Letter + Examples

Small Biz Trends

With inflation impacting economies around the world, price increases are practically unavoidable, but that doesn’t mean customers welcome the price change. Even if consumers understand the price increase, it still could impact their buying decisions. How to Write a Price Increase Letter to Customers.

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Report: Sam’s Club Raising Membership Fee for First Time in Nearly a Decade

Retail TouchPoints

17, 2022, increasing the price of a baseline membership from $45 to $50 and a Plus membership from $100 to $110 , according to CNBC. This marks the first price increase for entry-level membership in nine years and the first Plus membership hike since the program debuted in 1999. and membership income increasing 8.9%

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Express Warned of Potential NYSE Delisting

Retail TouchPoints

Express has received a notification letter from the New York Stock Exchange (NYSE) informing the retailer that it is no longer within continued listing criteria due to its stock price dropping below $1 for a 30-day trading period as of March 24. Any action taken will be subject to board and stockholder approval. “Our

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Shopify Sells Logistics Business, Cuts Workforce 20% to Refocus on its ‘Main Quest’

Retail TouchPoints

billion and revenue increases of 25% YoY to $1.5 Flexport to Become Official Logistics Provider of Shopify “Shopify finds it useful to talk about the difference between main quests and side quests internally,” said Shopify CEO Tobias Lütke in a letter to employees explaining the changes.

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Price of Stamps Likely Going Up in 2023

Small Biz Trends

The price of stamps is likely going up. United States Postal Service wants to raise the price on some mail. The price increase, if it’s approved, will have some impact on small business owners nationwide who are already dealing with rising prices on just about everything in the last year. from $1.40.

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Asda faces MP grilling over its ability to tackle cost of living pressures

Retail Gazette

In a letter to one of the billionaire brothers who bought the supermarket with private equity firm TDR Capital back in 2020, Darren Jones, the chair of parliament’s business and trade select committee, has asked for details of its corporate structure, capital investment and profit margins on petrol.

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BRC calls on chancellor to freeze business rates

Retail Gazette

A host of lobby groups have also requested an extension of and increase in the retail, hospitality and leisure rates relief scheme ahead of next week’s autumn statement. increase in business rates next Wednesday. “For many businesses in hospitality, leisure and retail, the crisis is far from over.”

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