I owned a skateshop for 8 years... from 2000 to 2008... the Canadian/US currency rates changed the price of all skate goods twice in those years, both obviously going up... but as a shop, you just eat that price change... I liked to keep decks at 90 with grip including tax.... most other shops charged over 100 after tax... so I sold lots... I just looked at it like volume will win... make less per deck & sell way more... vs selling fewer decks with more profit.... & I hated having stock that did not move, so I would ditch those for 75 with grip & tax after a month of sitting.... & that was basically cost after paying for the decks plus tax & then charging tax....
So what was my point? oh yeah, people will only pay so much, so as a shop you have to eat that wholesale price increase. Having said that, I have a feeling all this will change very soon. Minimum wage has gone way up & who knows what Trump & Trudeau come up with.
side note, I always thought it was interesting when the currency rates went back to somewhat normal, our prices would not drop back down.