Product cost inflation is real, it’s very real

[calm_girl]

Product cost inflation is real, it's very real
      

During Big Lots’ conference call, the closeout retailer was asked what it is seeing in terms of product cost inflation, especially when it comes to merchandise that is sourced in Asia.
CEO Steve Fishman was unambiguous in his answer: “That’s real. That’s very real”
Fishman said factors like the devaluation of the dollar and rising salaries overseas are [...]
         

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