Prices are set based upon two factors:
- What will people pay for this item?
-What is my competition selling this item for?
A retailer looks at these two factors when determining not only his sell price, but if he will offer the item for sale at all. if he can't make a profit based upon these two factors, he probably won't offer the item for sale.
Inflation is starting to get out of control, and will be running wild before years' end. Commodity prices are rising quickly right now, and consumer goods are following suit, a few months' behind commodities.
Don't look at pricing on an out of stock item when comparison shopping, look at in stock items. A retailer can't determine his sell price until he knows how much an item will cost him to get. If he hasn't bought any items lately, he can't set the price he sells them at.
