In cases like these, woven or printed labels are probably the better option. However, metal labels may not be the best choice if you need a more flexible material. Metal labels are one option, as they are durable and long-lasting. When it comes to labeling our furniture tags and deck labels, there are a number of different label types that we can choose from. What Type of Labels are Best for Our Furniture Tags & Deck Labels? For these designers, what will set them apart from their competition? We believe the difference will be in their Custom Label Branding of their designs. ![]() Showcasing your work is just a snapshot and the internet away. With the birth of Etsy, Craigslist, eBay and all of the other online shops, thousands of new designers into an arena they didn’t think was open to them. You can see custom furniture, re-purposed furniture, re-finished antiques and shabby chic distressed furniture everywhere you turn on the internet and in our boutiques and cities. But the problem is this restart is actually difficult because there's global logistic problems.Designer furniture is a specialty market and is very popular with consumers that have lost interest in ‘cookie cutter’ styled furniture from mega warehouses and discount furniture stores. ![]() "We wish there is a button or a lever so when the economy shuts down, we can just push the button and the economy returns. She expects prices for many products to continue to increase because of supply chain challenges. "This is something, as economists, we really fear," said Amy Peng, associate professor at Ryerson University's department of economics in Toronto, about rising inflation. Some large corporations are also hiking prices because of rising expenses, such as soft drinks from Coca-Cola and Procter & Gamble's diapers and feminine-care products. Food and home prices have increased, while clothing and recreation costs have fallen. Inflation has remained close to the Bank of Canada's target of two per cent, although some experts anticipate it could temporarily rise to three per cent in the spring because of rising commodity and energy prices, such as lumber, metals and oil. Meanwhile, with restrictions on travel and dining out, consumer spending habits have shifted from those items to products used at home.Įvents like the Suez Canal blockage and the Texas power outage have only magnified the global supply chain problem.ĭuration 1:12 Louis Stack with Fitter International explains the supply and demand issues during the pandemic. He describes the supply chain in a state of chaos as ships, railways and the transportation industry as a whole struggle to move as much cargo as is required.Īt the same time, many factories that reduced production at the outset of the pandemic amid economic uncertainty are now challenged to meet demand because of COVID-19 impacts on their workforce, among other difficulties. "I can tell this is going to be the worst thing you've ever seen in the history of our company." "I kind of want to wrangle them all together and do a year-end price increase that represents our new reality which will be a significant 20 to 25 per cent price increase in our products," he said. The company put out a new catalogue in recent weeks and already those prices should be adjusted, said Stack, but it's a challenge to keep prices in line as costs are continually climbing. The rising expenses have followed a hockey stick-type curve, making it difficult to handle, said Louis Stack, the founder of Fitter International, which makes and sells fitness equipment. WATCH | All the reasons behind the sky-high price of foam:ĭuration 1:46 Colin Crump with Sleep Boutique explains why it's so tough and expensive to buy foam right now. we have more work than we ever had, but we don't have the materials to do it," Crump said. "With some of our suppliers, it's like pulling teeth to actually get product. Sales at his business are up about 10 per cent over the last year, but up until the last few weeks, he wasn't able to increase production without enough of the raw materials. ![]() ![]() "My biggest concern is, how long can I maintain my price point before I have to increase that to my customers and if they do increase, does that potentially price me out of the market?" said Crump. Price tags have already increased about 10 per cent at his store over the last six months and could climb further. Meanwhile, demand started to rise, as people stuck at home, spent money there. In the case of mattress foam, for example, when COVID-19 hit last year, Crump says manufacturers cut forecasts for how much would be needed. There, sales are up but so are the costs for raw materials, and it's been difficult to source them, says president Colin Crump. A worker assembles a mattress at Sleep Boutique in Calgary.
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