Well, when I asked my local store owner (Whitehorse, YT) about it I was told very concisely that because they can't keep stock they chose to raise prices because that's what businesses do in a capitalist economy. Yes, I was openly told by the owner that their price increases were due to shortages and not from a significant price increase from suppliers. I posted sometime last fall about this shortly after the conversation took place. I'd like to add that I'm not complaining about capitalism but rather that price jumps like this drive away business when people have other options.
Take it or leave it, you act as though I think they're conspiring against us. I simply think they made a poor business decision and since this capitalist economy works two ways, I choose not to support them (at all).
I also spent some time speaking with the assistant manager regarding the concerns I had. If the .22lr is coming from the company and wasn't sourced by the individual store then the prices are set by CTC and not the store owner. Furthering that point, CTC can import or purchase through many of the wholesalers/distributors. They can (and do) look for good pricing like anyone else. This was also discussed (more than once on different days/weeks).
I actually had several great conversations with the owner and assistant manager over time... One example item that I convinced them to reprice was their henry AR7. It was $499.95 for several months at my local CT but that price was insane and set by the corporation because that's where they were purchased. After bringing in print outs from several competing retailers that showed their price was significantly lower, they dropped their price down to around $349? (Haven't been in there in a while now) and shortly after they went on sale for $270. They called me to let me know about the sale and I bought two.
Summary: I took the owner + assistant manager (have known them both through the store for 5+ years) at their word when they both told me the same thing on the same day within a couple minutes of each other on opposite ends of the store. I guess there is a very slight chance they could have had a discussion regarding the price of 22lr at the start of the day but I really doubt it.