Retailers Raising Appliance Prices

I guess no one much in the industry is surprised by this … Yahoo! News: [C]onsumers are facing higher prices for appliances with retailers raising prices this month to offset rising raw material costs.

“Commodity prices have risen and the cost from our suppliers has gone up,” said Sears spokesman Ted McDougal. The increases “are pretty much across the country, but we’re not treating them as permanent.”

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