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Automation and a focus on quality (not cost) could be the secret sauce for domestic garment makers.
Lydia Clarke navigates co-owning two California cheese shops and a bar amid tariffs and a decline in business in downtown Los Angeles.
Profits in the second quarter are on track for about 12% year over year growth, according to an analysis by FactSet.
Fewer government grants and contracts, as well as tariffs, are at the top of the list.
But not enough to balance the budget.
Household furnishings and supplies showed a 0.7% increase from June to July. Footwear is up 1.4%. Infant and toddler apparel is up 3.3%.
The latest 90-day pause on higher tariffs are causing more stress than relief for some business owners.
The extended tariff deadline doesn’t help with planning certainty.
Toy prices went up 2% in May, and some smaller stores are struggling to survive.
Can the president meddle in individual companies’ affairs? Should he? We discuss.