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Yarn spinners complain of inability to increase prices to meet costs.
Daily News Record
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May 25, 1995|
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COPYRIGHT 1995 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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CHARLOTTE, N.C. - Domestic yarn spinners have been able to raise their prices somewhat, but not nearly enough to cover the amount of raw material price increases they have bad to absorb since last fall.
They say it's a dogfight trying to get their prices up because their customers are also frustrated trying to get their prices up.
"We hear that the retailers are the roadblock because they say they're just not going to pay higher prices," said one spinner.
"I think the big discount chains are probably the majority of those retailers who take that position, ...
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