The other day I went to Hancock's and picked up a couple yards of Kona cotton at 5.99 a yard. Today I was back to get more to find it went up to 6.99 a yard. They had put new price tags over the old price (most didn't cover the old price).
These weren't new bolts. I just don't think that right. Sorry just venting.

That is the way they do it now. Too lazy to remove the old sticker I guess. Prices are going up everywhere. I was informed at Wm the other day that even tho they had just raised all the prices on fabric's that they will be doing it again real soon.

Who's surprised that the sticker is just added on top of the old one? Not me, certainly. First of all, it was done that way many, many years ago when all stores priced their items individually. Secondly, imagine having to remove all those stickers! Finally, I'm only amazed that any store even prices their bolts. Really, most bolts have prices on them already (MSRP price) and, well, there's the old barcode sitting there waiting for a price gun to do the work. But, I'm afraid that the cost of fabrics is going up, but we've been expecting it. We've had a few comments already about it coming. I was just praying that it would hold off a little while longer.

Get this! At Hobby Lobby and JoAnns I was checking out the prices and noticed two bolts of the same prints. One had $5.99 and the other had $6.99! I remember that one specifically but noticed it several times at both shops! Hmmm. Go figure.

I guess we need to stock up on fabrics now as we won't be able to afford it later on

True...Today i went to LQS for the first time in my area and when we were talking about the fabric prices she told me that by end of March all prices of fabric will go up. I think i am gonna start stacking up this month just enough for the projects i need to do. I think this should be wise.

Its not right and I do not understand it as well..They have not lost any money on those bolts of fabric because they had already paid for them before the prices jumped up..The only bolts that should of gone up are the ones that they had to pay the higher price for in purchasing them for their stores..

In the UK, traders aren't supposed to reprice existing stock, as they bought it at the 'old' wholesale price. The price new stock at the 'new' wholesale price, and for a time, there could be a situation as above. Grab the lower one while it's there.

It's really no different than the price at the pump for gas. Yes, they already bought the gas that is in their tank but it changes daily :(

Hopefully this year and a bunch of years to come the cotton will be better. The fields have been miserable here the past several years. Last year, the field across the street from my development the fully mature plants were only about knee high. That is about 1/4 the size the should be at least :(

Actually, I think this is against the law, to reprice old products higher. But with everything else that is happening in the world, I doubt anyone would follow up. If you feel strongly about it, contact the states attorney off ic in your state.

In my LQS they hand write the price and so far I haven't noticed that the priced has changed. Fabric is getting too expensive, but I keep buying it!

Merchants have been marking up old stock to match the new for as long as I can remember. It's just good old-fashioned greed. Not all stores do it tho, and I appreciate those that don't, not taking advantage of their customers.

I have worked in retail, not fabrics though. When we had a sale, there was stock on hand to replace what was out on the floor. If an item was on sale, both got the sale price. If the item price had gone up, all products would be marked accordingly.
Price cards, stickers etc placed over another price was the norm. Was much easier for sales when items were on sale or being sold higher.
Our selling at a higher price depended on demand. An item selling well, would be increased, and one that wasn't was marked down to make it look like it was on sale.
I worked as an assistant buyer, and let me tell you, when you buy something on sale, the store is not loosing anything. Items are marked much higher then they buy them for and when you see a sale it grabs your attention.

DH receives many economic reports and I read them some but get depressed too much to read a lot. Right now chocolate prices are going out of sight and will chocolate prices will soar. Stock up now on chips, cocoa powder if you use a lot of it. Next Christmas you won't be able to buy much if it's available from the forecasts I read. It will level out some after a year or two when the crop revives. Remember when vanilla extract became $20 a bottle if you could find it a few years ago? It was in one of the reports about six months before. I bought several bottles then cheap and had enough to share with friends when the holidays came and no vanilla could be found on the shelf. I don't mean to alarm anyone but it doesn't hurt to have a heads up to save money on things to be able to afford the higher fabric prices. What I'm keeping a supply of now is cotton socks, underwear, tee shirts, and any jeans that are a stable everyday wear.

Or don't buy it!!!

You are allowed to vent. In the UK we have laws that stop them doing that, but I guess that you can get around anything, anywhere.

Thanks so much for the head's up! Will put away some chocolate chips for next Christmas!

chocolate is probably going up because it's almost valentines day! that is what happens. Gas here is just under $3 for unleaded.

I have always thought that was wrong. The grocery stores do it too. If they would sell the old stuff at the price they decided was the right mark up they would probably sell more, we would stock up. IMHO

it's called price gouging, and I won't buy if the price has gone just because they can. I'am will to pay the new prices if it's a new shippment but when they just raise pthe prices on old inventory count me out. I also voice my opinion tothe manager. to me it', just like stealing and thats what I tell them. makes me so angry.

If Hancocks' had any business trained managers that were allowed to manage the store where they worked, they could have put the fabric at the old price 20% off and have the new fabric for the new higher price. That would have sold much more of the older priced fabric and made sense to the customers.

AMEN!!!!!!