John Wood, owner of The Green Grocer, a natural foods retailer in Portsmouth, R.I., is feeling the squeeze.
As the U.S. economy flirts with recession, another toothy threat looms: inflation. And there are few places where those rising prices sting more than in the grocer's aisle.
"[I've raised prices] just three to four times per year," in the past few years, says Wood, 38. "Now, we have to raise prices every two to three weeks."
The question: How much pain are consumers--and businesses--willing to suffer?...
As the U.S. economy flirts with recession, another toothy threat looms: inflation. And there are few places where those rising prices sting more than in the grocer's aisle.
"[I've raised prices] just three to four times per year," in the past few years, says Wood, 38. "Now, we have to raise prices every two to three weeks."
The question: How much pain are consumers--and businesses--willing to suffer?...
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