Smart Ways to Raise Prices Without Losing Customers in 2025
Raising prices is a natural part of running a business, but it does not have to alienate customers.
Raising prices is a natural part of running a business, but it does not have to alienate customers.
Across economies, wages are designed to cover living expenses, not to build lasting wealth. Even at senior levels, salaries often grow more slowly than inflation or lifestyle costs. Understanding why helps professionals make informed choices about their financial future.
Residents and shoppers in Lagos, visiting the Ikeja City Mall location, reported seeing entire aisles with only a few products, frozen-food sections nearly bare, and wine racks mostly empty. A store administrator, speaking anonymously, told the publication that the retailer is currently in negotiations with suppliers to renegotiate contracts, noting recent changes in ownership as part of the cause.