Daily Commentary
by Rob Chrisman · Published every weekday since 2008
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May 30: STRATMOR on latest scam; Vieaux on collaboration; vendor news; Saturday Spotlight: Advantage Partners Solutions
The Fed can’t fix tomato prices, up 40 percent in the last year due to tariffs and shipping prices, and that is tough on consumers and growers alike. If you think that times are tough for lenders, given the war in Iran, oil prices, inflation, and interest rates, try the flower biz. 1-800-Flowers saw revenue decline 11.6 percent in the quarter ending in March, posting a net loss of $100.1 million. The brand has shed market share among online flower shops, dropping to nine percent from 14.3...
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