Former Macy’s CEO says retailers welcome rising prices on apparel after stagnant decade Apparel In this article watch now Retired retail executive Terry Lundgren told CNBC on Friday that rising inflation will not […] – Click here to read the full story from www.cnbc.com Related LBS Videos:Rising Prices, Product Shortages, Delta Variant Have Consumers And Retailers On Edge For Holiday…Retailers face rising holiday-return costs due to supply chain issues, a new report saysApparel prices in US rising faster online than offline: AdobeAs more retailers turn to tech, Macy’s store employees score victory in challenging self-checkout in…Rent the Runway CEO says it is changing how it buys apparel from brands to boost its profitsMacy’s introduces new private label apparel brandMacy’s to broaden Reebok apparel assortment in expanded dealRetailers Get Ready To Pass Along Rising Costs Via Price IncreasesRising Average Selling Prices Push U.S. Footwear RevenuesAmerican Eagle sees sales rising on pent-up demand for apparel