Small businesses eat the cost of inflation to avoid losing customers

2021-12-24 07:53:33 By : Ms. Jing Liu

For Vivian Bowers, owner of a South Los Angeles dry cleaner, inflation hit home when her wholesale cost for hangers soared by 48% in six months.

Tom Bock, who runs an electric bike dealership in Huntington Beach, California, has had to pay his workers 25% more, on top of a boost in commissions.