Retail news
Higher priced appliances and electronics face fewer supply challenges
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George AndersonSupply chain shortages affecting many product categories are much less pronounced for items at higher price points. “A combination of inflation and scarcity is pushing manufacturers toward higher-priced goods,” said David Garfield of AlixPartners. “If a manufacturer can’t get enough parts to make all the product they’d like, they may make more of a premium product to protect their profitability.”