Tuesday, March 5, 2019

Update on the Effects of Tariffs on Retail Stores

Laatest news from one of our manufacturers which is watching very carefully the tariffs President Trump has put on imported items.

There has been a bit of relief in the past few weeks, but this manufacturer and others are not very optimistic that the threatened tariffs will be abandoned.  In other words, the concern is the raise in cost for manufactured goods which will ultimately be passed on to the consumer.

At Sweet Tooth, we are looking more and more for Made in the USA items, not only to avoid the tariffs but to assure ourselves that we are supporting USA industries, that we are reflecting the trends and tastes of our customers and that we are able to satisfy special orders from customers in a quick and efficient manner.

However, there will be increases in prices this year, both on gifts and on candy.  We are trying to keep those increases to a minimum but there is expectation that a slight increase on both sides of our store will be part of this year's inventory.

Support our Oklahoma manufactuers, our USA manufacturers and local business.  In this respect, we all win...money stays in our city and country, supports businesses and artists in the USA and boosts our profile as a store and a country. And local business pays local taxes which add to the city and state's ability to pay teachers a living wage, to upgrade our classrooms,  to fix infrastructure problems and employ local people.

Looking forward to keeping you updated and seeing you at Sweet Tooth.

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