Higher oil prices, shipping disruptions create a double-edged sword for retailers

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Retailers may soon be hit from multiple sides as costs rise while consumer spending lowers.
Rising oil prices due to global tension and supply constraints are a factor in everything from shipping costs to inflation. And with gas prices creeping up again after falling from their 2022 highs, shoppers may soon start to feel the pinch.
"It's pretty clear that higher gas prices…

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