Consumer Prices Rise To Highest Level In 31 Years
By MICHELLE THOMPSON, MELISSA KOENIG and PETER BELFIORE
Record inflation and supply-chain shortages are driving customers to shop for bargains at discount stores, where spending jumped 65 percent last week as consumer prices hit the highest level in 31 years.
Dollar General and Walmart have seen significant boosts ahead of the holidays, according to transaction data insight firm Facteus, as have Target, Big Lots and Ross.
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