A family-owned small business in central Virginia tells FOX Business inflation has been detrimental to their livelihood and has forced them to raise the price on their goods.
sounded off on the rising inflation in America and the state of the economy, warning they anticipate "a lot of trouble" this holiday season with supply chain issues and the price of goods continuing to skyrocket.small business called Kissed Cupcakes
"So butter, sugar, flour, they all have gone up," he continued. "I would say it’s even gone up higher than that 30 to 35 percent."Robin said she believes the "increase in gas prices has caused the increase in the inflation" on their goods, with Tara remarking that even everyday use items like containers have gone up in price, "not even just raw materials."
Shawn remarked until they found powdered sugar at Sam’s Club, their business relied on Walmart’s small two-pound bags of the confectionary staple. "Totally disagree. I don’t care whether he gets on there and says the inflation has gone down 0% or up 0% or what have you. It’s still there. Nothing’s changed. I’m still paying the same prices that I’ve been paying for everything," Shawn said. "So what if gas went down a dollar when it went up three bucks, but the prices of my goods haven’t gone down to reflect that dollar. It’s gone down in gas, so I say bologna.
While inflation, supply chain issues, and high gas prices have affected their small business over the last year and a half, they were facing many hurdles before that with the pandemic. Less than two weeks after they moved to a bigger retail space in March 2020, many of the weddings and birthday celebrations that they were planning for were canceled due to the shutdowns across the state and country."We had to morph into something new, something different," Robin said.
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