Tariffs impacting local flower shops ahead of Mother's Day
Most of the flower shops in Springfield have items imported from other countries, whether that's the soil or actual cut flowers.
Because the bulk of the blooms are coming from overseas, you might notice a difference in your Mother's Day bouquets.
'They definitely have increased prices,' said Rcena Maness, a manager at Flowerama in Springfield. 'However, we knew that was going to happen.'
The new tariffs put in place over the last few months have started to impact local flower shops.
Maness said their prices have changed since the tariffs went into effect.
'They have gone up slightly,' Maness said. 'However, it's just leaving out a stem here and there. We can still do that $30 bouquet and still just as beautiful. Just maybe you get a little bit less than you did a couple of months ago.'
Flowerama's cut flowers are not grown locally, they are imported primarily out of South America. However, the greenery that fills the rest of the bouquet comes from Florida.
80% of flowers consumed in the United States are grown elsewhere. Last year the U.S. imported $2.2 billion worth of cut flowers and greens, the bulk of it from South America.
'The fact that they can grow year-round gave them a natural advantage,' said Kate Penn, the CEO of the Society of American Florists.
Penn says local, small growers have flourished since the pandemic.
'The consumer does want to buy local,' Penn said.
To help ease the costs, Maness tells Ozarks First they prepared as much as they could before the tariffs were put in place, stocking up on items like vases.
'We did prep a little bit ahead of time with some hard goods and things that came from other countries,' Maness said.
Maness says if you want to plan ahead to beat the rush of everyone trying to buy flowers over the weekend, their flowers do have a four-day guarantee.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
For the latest news, weather, sports, and streaming video, head to KOLR - OzarksFirst.com.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
13 hours ago
- Business Insider
Consumer Renaissance Fuels Costco's (COST) Bullish Breakout
Investors are showing renewed interest in Costco (COST) below the $1,000 mark. Shares climbed 3% last week after the company reported an impressive 8.5% year-over-year increase in July net sales. Following a technical breakout, the stock now sits above key moving averages, including the 50-day and 200-day, which could act as new support levels. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. The high-conviction market reaction to Costco's strong July sales data confirms the business's fundamental momentum is intact. This provides a justifiable basis for its premium valuation and suggests a path of least resistance to the upside despite the psychologically important $1,000 mark. While the great debate remains focused on Costco's premium valuation, I propose that the retailer's recession-resilient business model and the strength of its membership flywheel are likely to keep the momentum working in its favor, making me decidedly Bullish on its stock. Corporate Developments Boost COST Outlook Last week was a bumper harvest for retail sector stocks, with Costco's peers, such as Walmart (WMT) and Target (TGT), experiencing mid-single-digit percentage share price gains. Last week, Costco's narrative was driven by one powerful data point that underscored its operational excellence and market strength. In July, the company posted $20.89 billion in sales, up 8.5% from $19.26 billion a year earlier. Comparable sales growth was strong across all segments—U.S., Canada, and total company—while e-commerce comp sales stood out at +14.9%. That's notable given the long-standing question of Costco's ability to compete in the digital arena. This growth stems from sustained investments in logistics. The $1 billion acquisition of Innovel Solutions in 2020 boosted large-item delivery efficiency, cutting delivery times from two weeks to just a few days in some cases. Costco has also leaned into partnerships with Maplebear (CART) and Uber (UBER) for faster grocery delivery and expanded Buy Online, Pick Up In-Store (BOPIS) for cost-efficient, high-value transactions. The company is also leveraging its vast member data to personalize the shopping experience—something brick-and-mortar retailers couldn't easily do a few years ago. For example, a member who bought a Mother's Day gift last year might receive a targeted promotion this year. Convenience is further enhanced with Buy Now, Pay Later (BNPL) options, making big-ticket items more accessible. Combined with high-margin, subscription-like memberships, these modern capabilities help explain why Costco now commands valuation multiples closer to tech leaders than traditional retailers. Retail Investor Social Following Another modern-day aspect that supports COST's premium valuation is its virality, which offers, essentially, free advertising. This is, perhaps, best portrayed by Reddit's subreddit (r/Costco), which boasts 1.4 million members (top 1% by size). This community of shoppers has an overwhelmingly positive sentiment toward the company, with a discussion dominated by new product finds and tips for improving them. Other highly engaged topics include praise for excellent customer service, with one viral post titled, 'Costco manager saved my dad's life.' Within investment-focused subreddits, the primary topic is the 'crazy overvalued' P/E ratio of over 50. Indeed, COST's P/E of 56 trades at a 227% premium to its peers in the Consumer Staples sector. One camp believes the company's 'cult-like following' and bulletproof membership model justify this premium price. At the same time, the other side dismisses the stock's performance as a product of 'hype investing instead of value investing.' In another forum (TradingView), one user encapsulates the view of many long-term bulls: 'You don't get many chances to buy Costco, so when you get a somewhat substantial cyclical dip, you take it.' Is COST Stock a Good Buy? On Wall Street, Costco sports a consensus Moderate Buy rating based on 16 Buy, nine Hold, and zero Sell ratings in the past three months. Its average price target of $1,110.58 implies an upside potential of 12.98% over the next 12 months. Over the past week, analysts have either held their price targets on COST or have raised them. Analyst Phillip Blee has a Buy rating on COST with a price target of $1,137, noting 'Despite concerns about the company's elevated valuation, the consistent demand and stability offered by Costco make it an attractive investment, especially in an uncertain macroeconomic environment. Investors appear willing to pay a premium for the reliability that Costco provides, positioning the company well for future success.' Costco Nears $1,000 Price Target as Expectations Grow Costco's July sales report boosts bullish sentiment on its stock, which now trades over key moving averages and is nearing the psychologically important $1,000 level. In the context of widespread concerns about a consumer slowdown impacting retailers, Costco's underlying strength validates that its model is more resilient and dominant than ever. On the flip side, caution is warranted, too. The stellar July sales report has dramatically raised expectations for the upcoming September earnings. Should Costco underwhelm, its premium valuation may be pushed back to earth. In the meantime, it would not surprise me to see COST's stock outperforming ahead of its fiscal fourth quarter 2025 report.
NBC Sports
2 days ago
- NBC Sports
MORE GOLF COURSES JOINED GOLFNOW'S TEE TIME PLATFORM IN JULY THAN IN ANY MONTH SINCE MARCH 2023
Expanded GolfNow Global Footprint Highlights 2025 Momentum with Six, Month-Over-Month Increases in Golf Course Partners, Boosting Tee Time Availability and Rounds Sold 'We piloted working with other distribution channels earlier this year but have returned to offer an option of tee times with GolfNow to extend our reach through the visibility that GolfNow delivers for our beautiful golf course at Willow Creek on Long Island, N.Y. In just the first few days after we added GolfNow as an option, we had our best weekend of the year and already are seeing lots of bookings come through. We offer tee times through GolfNow at all our Public Clubs.' - Ian Grimwade, Regional Manager, Public Golf Clubs, Invited ORLANDO, Fla. (Aug. 13, 2025) – GolfNow, the industry leader in golf course management technology and operator of the world's largest tee-time reservations platform, capped July by adding 88 golf courses to its online tee-time platform – the highest number of golf courses in one month since May 2023 – and building its ever-expanding partner list that has seen month-over-month growth in six of the last seven months. With the milestone, GolfNow continues to expand its global footprint, providing valuable exposure for thousands of golf courses around the world and more tee-time availability for the millions of consumers who use the service each day. As the golf industry continues to evolve, more golf course operators are turning to GolfNow for modern technology solutions, enhanced visibility, and tools that simplify operations and elevate the golfer experience. The surge in new partnerships highlights the platform's continued leadership and growing influence as a technology leader within golf. 'Our mission has always been to drive innovation that helps both golfers and course operators thrive,' said Todd Triplett, Senior Vice President, GolfNow. 'The momentum we've seen so far in 2025 shows that our technology, services and complete focus on growth for our golf course partners continue to resonate with the industry.' 2025 Momentum Spurs Milestones in Rounds Booked, Highlighted by Top Three Days in Company History 2025 already has been a historic year for GolfNow. To date, the platform has celebrated three of the top booking days in company history and broken monthly records for total rounds booked in March, May, June and July, which led all months with more than 3.5 million rounds booked. New highs also were hit on key calendar dates, including New Year's Day, Easter, Mother's Day, Memorial Day, Father's Day, Juneteenth, and Independence Day, proving that golf remains one of the most popular leisure activities during the holidays. GolfNow also has introduced several innovative services in 2025, such as tee-time alerts and the ability to pre-order pro-shop merchandise prior to arriving at the golf course, helping its partner golf courses boost revenue while enhancing the experience for their customers. About GolfNow GolfNow is an innovative technology company that is creating better ways for golfers and golf courses to connect. GolfNow operates the world's largest online tee-time marketplace, offering 3.5 million registered golfers a variety of ways to stay connected to their favorite courses and the ability to easily book tee times online and via mobile devices 24/7. GolfNow also is the industry's largest provider of golf course management technology and marketing services, partnering with thousands of golf courses worldwide. GolfNow golfers gain added benefits with GolfPass, a connected rewards program and paid membership. GolfPass members receive monthly tee time credits, waived booking fees, streaming video lessons, and other special playing perks. GolfNow operates offices in Orlando, Fla., and Belfast, Northern Ireland. -GolfNow-
Yahoo
4 days ago
- Yahoo
Shark Tank: What Happened To The MTailor App?
Entrepreneur Miles Penn knows shopping for clothes online can be difficult, and this idea is the inspiration for MTailor: a retail clothing app that utilizes a user's cellphone camera to obtain body measurements that Penn claims are 20% better than an actual tailor. Taking the company to investors during Season 7, Episode 17 of "Shark Tank," the appearance doesn't go well in the slightest. Despite the entrepreneur starting arguments and leaving after rejecting offers from Daymond John and Kevin O'Leary, the MTailor company still sees success to this day. Rejecting or losing a deal doesn't always guarantee failure. Just like the creators of MuteMe walking away without a deal in Season 13, MTailor is doing just fine without the Sharks. After acquiring more investors after its television appearance, the company currently receives favorable reviews online and continues to turn a profit. In a time where online businesses can come and go faster than Hawaii sinking, being in business since 2014 says a lot, and Penn may be more savvy than the Sharks originally thought. Read more: 5 Expert Tips To Get The Most Out Of ChatGPT Every Time You Use It How Does The MTailor App Work? Founding the company alongside his Stanford pal Rafi Witten, Miles Penn's MTailor app makes taking measurements of yourself incredibly simple. After changing into form-fitting clothes, all a user needs to do is lean their cellphone against a wall and then stand back six feet. A 15-second video scan of their front and back then produces 60 measurements, including both the upper and lower body. For a shirt, these measurements include areas such as the neck, chest, sleeve length, and cuff, among the five other points the app targets in this area. MTailor proudly claims that each article of clothing passes through a quality control team that performs a manual 26-point inspection, ensuring everything is right for the customer. The company is so confident in their measuring software that they provide a 90-day money-back guarantee. During this time, customers also have the option to submit a request for the company to make new garments should they not be the right fit. How Is MTailor Doing? Despite Miles Penn rejecting the offers made during his appearance on "Shark Tank," and Rafi Witten leaving the company in 2019, things are going well for MTailor. In 2018, the company successfully raised $7.2 million in venture capital, and were able to raise an additional $8.3 million in January, 2022. In April, 2024, MTailor reported $13 million in yearly sales and the company is valued at nearly $25 million. Not bad for a guy Kevin O'Leary described as a "dead shirt walking". Around the web, critics praise the company for the materials it uses, but still report that not every shirt is going to be a perfect fit. In a 2023 article from "The New York Times," Dan Jones gives high praise for the materials used by the company, but notes that the shirt he received was too loose for his body. Within the Apple App Store, the MTailor app has a 4.6 out of 5-star rating with close to five thousand reviews. The app also has a respectable 4.1 out of 5-star rating on the Google Play Store with just over two thousand reviews. While not every product on "Shark Tank" can reach the same levels of success as the Bug Bite Thing Suction Tool, Penn and MTailor's story is still proof that determination can get you farther than you may realize. Read the original article on BGR. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
