After the wrenching, pandemic-induced stop of 2020 and the strong economic bounceback in 2021, there have been hopes that this yr would mark the return to something like moderation, a sort of normalcy.
Those hopes didn’t make it into the spring — they usually may need been a bit pie within the sky anyway.
Coming into 2022, retailers were coping with pandemic induced supply chain back ups that, yes, drove prices up but were seen by many experts as a passing effect of the pandemic.
Just how rosy that view was is a matter of debate, but when Russian President Vladimir Putin invaded Ukraine in February, hopes of any sort of normalcy faded with the fact of a land war in Europe.
The continued...
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