Reported 1 day ago
The National Tree Co., a leading artificial Christmas tree manufacturer, has increased prices by approximately 10% for the 2025 holiday season due to rising tariffs and logistical expenses, amounting to an extra $6-7 million. As a significant supplier to retailers like Amazon and Walmart, the company is reevaluating its supply chain, exploring alternative sourcing in Southeast Asia and Mexico, while acknowledging a mixed consumer sentiment and potential demand softness for holiday décor. Despite these challenges, the company remains optimistic about the upcoming shopping season.
Source: YAHOO