logo
Arlington's Decorators Warehouse braces for impact amid rising import costs

Arlington's Decorators Warehouse braces for impact amid rising import costs

CBS News02-08-2025
As new U.S. tariffs are set to take effect next week — raising rates as high as 40% for dozens of trading partners — small businesses across Texas are preparing for the fallout. Among them is Decorators Warehouse, a long-running holiday décor destination in Arlington.
Inside the store, customers are greeted by an explosion of ornaments, wreaths, and festive displays.
"It's fabulous. I'm like a kid in a candy store," one shopper said, echoing the sentiment of many who visit the store year-round.
But behind the sparkle and cheer, owner David Hanson is facing a growing challenge. "The uncertainty around that has been very, very hard," Hanson told CBS News Texas. He said tariffs touch every corner of his business, which sources nearly all of its products from overseas.
"Almost all of it comes from every country in the world," Hanson said. "We get it out of the Far East, we get it out of Europe, comes out of the Philippines, China—you name it."
The financial impact is already being felt. "This container of lights cost me $150,000. Now I add a 30% tariff to that—I'm immediately paying $45,000 more than I ever paid," Hanson explained. "I hear it all the time: 'Well, I'm not paying the tariffs, China is.' They are not paying the tariff. I am paying the tariff. As soon as it hits the United States, I pay the tariff."
Hanson said the burden doesn't stop with business owners.
"You do. I do. Our families do," Hanson said. "And there's no way around that. At some point, you simply can't eat it all."
Carletta Wilson, a designer from Arkansas and a frequent customer, said the uncertainty is affecting more than just retailers.
"This is my happy place. This is where I spend hours," she said.
Wilson worries about the broader economic impact.
"The thing that's going to be extra devastating is the job loss that's happening all over," she said. "If customers cannot afford our items, no matter how much we price them at, that's where it's going to be devastating even more to all of us."
"As the tariffs increase, our costs increase. People are losing their jobs. It's going to be a choice whether to pick it up or not. Because people are worried."
To get ahead of the uncertainty, Hanson placed orders for this year's holiday season last September. For now, he said, Decorators Warehouse will not pass along tariff-related price hikes to customers.
"We have people that are nervous. They're a little uncertain," Hanson said. "We're here to help them have a good year. So that's our approach to everything."
Still, Hanson knows the relief may be temporary. "I deal with the uncertainty to give you the holiday cheer," he said. "That's a good way to put it. I like that a lot."
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Discover Yourself Named to Inc. 5000 for Second Time
Discover Yourself Named to Inc. 5000 for Second Time

Yahoo

time24 minutes ago

  • Yahoo

Discover Yourself Named to Inc. 5000 for Second Time

Using the universal language of color, the company helps organizations worldwide build stronger teams, improve communications and accelerate performance EXCELSIOR, Minn., August 16, 2025--(BUSINESS WIRE)--Discover Yourself, the world's largest distributor of the Insights Discovery® personality assessment, has once again been named to the Inc. 5000 list of America's Fastest-Growing Private Companies. This second-time honor places the Minnesota-based training firm alongside some of the country's most innovative and dynamic businesses. The Inc. 5000 list is widely regarded as the hallmark of entrepreneurial success, celebrating innovation, customer impact and sustained revenue growth. Earning a spot on the list twice reflects Discover Yourself's strong performance, and its enduring ability to adapt and deliver value in a rapidly changing workplace environment. Easily the most colorful company on the Inc. 5000 list Founded by internationally recognized speaker, author and trainer Scott Schwefel, Discover Yourself transforms communication and teamwork by teaching the universal language of color. Through the Insights Discovery framework, individuals identify their unique blend of Fiery Red, Sunshine Yellow, Earth Green and Cool Blue energies, unlocking self-awareness and awareness of others. This approach enables participants to reduce misunderstandings, build stronger connections and collaborate more effectively. "Most people who train with us have done other personality assessments but rarely use them. With ours, they start applying it immediately because every conversation, every email and every interaction gets better," says Schwefel. Discover Yourself's programs — ranging from leadership development and sales training to executive coaching and team-building workshops — are trusted by global brands such as Caterpillar, 3M, Whirlpool, Zendesk and Workday. The company is actively expanding its reach with new online learning platforms, scalable virtual workshops and digital resources to make its programs accessible to teams anywhere in the world. Its reach spans all 50 states and more than 30 countries, powered in part by newly launched digital clones that can deliver on-demand training in 170 languages. Schwefel, one of only 60 global faculty certified to train other trainers, has personally taken 4,000 CEOs through Insights Discovery training, and has spoken to more than 2000 groups. His TED Talk has nearly four million views. He is also a popular keynote speaker worldwide. "Being named to the Inc. 5000 is more than an award. It's proof our methods work, and that organizations everywhere are hungry for meaningful change," comments Schwefel. Discover Yourself has grown from a two-person operation to 17 employees, who support a global network of more than 300 Insights Discovery certified facilitators. Clients reporting measurable boosts in collaboration, productivity and leadership capability. Visit Discover Yourself to take a one-minute quiz to discover where you fall in the color model. If you'd never experienced Insights Discovery and would like to learn more, contact Scott@ View source version on Contacts Scott@

Piper Sandler Reiterates a Buy Rating on UnitedHealth Group (UNH)
Piper Sandler Reiterates a Buy Rating on UnitedHealth Group (UNH)

Yahoo

time24 minutes ago

  • Yahoo

Piper Sandler Reiterates a Buy Rating on UnitedHealth Group (UNH)

UnitedHealth Group Incorporated (NYSE:UNH) is one of the best stocks to invest in for beginners. Piper Sandler analyst Jessica Tassan reiterated a Buy rating on UnitedHealth Group Incorporated (NYSE:UNH) on August 5, setting a price target of $280.00. A senior healthcare professional giving advice to a patient in a clinic. UnitedHealth Group Incorporated (NYSE:UNH) reported that its Q2 2025 revenue underwent a $12.8 billion year-over-year growth to $111.6 billion, attributed primarily to growth within Optum and UnitedHealthcare. Earnings from operations for the quarter were $5.2 billion, while adjusted net earnings were $4.08 per share. Management reported a full year 2025 revenue outlook in the $445.5 billion to $448.0 billion range, with a full year 2025 earnings outlook of at least $14.65 per share. UnitedHealth Group Incorporated (NYSE:UNH) provides healthcare coverage, data consultancy, and software services. It operates through the OptumRx, OptumInsight, OptumHealth, and UnitedHealthCare segments, which have solid operations. While we acknowledge the potential of UNH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Jim Cramer on International Business Machines: 'I Think They Have the Lead in Quantum'
Jim Cramer on International Business Machines: 'I Think They Have the Lead in Quantum'

Yahoo

time24 minutes ago

  • Yahoo

Jim Cramer on International Business Machines: 'I Think They Have the Lead in Quantum'

International Business Machines Corporation (NYSE:IBM) is one of the stocks Jim Cramer shed light on. A caller asked for Cramer's thoughts on the company, and he remarked: 'Okay, I didn't think IBM's quarter… was all that bad at all. I think you have a major opportunity down here because I think that we're going to start talking about IBM and quantum. I think they have the lead in quantum, and I think quantum really does matter. They have a great software package. They're doing so many things that are good. Tauke / International Business Machines Corporation (NYSE:IBM) provides integrated solutions across software, consulting, infrastructure, and financing. The company offers hybrid cloud and AI platforms, technology services, and IT financing solutions. While we acknowledge the potential of IBM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store