Predict your next investment

National Tree company logo
CONSUMER PRODUCTS & SERVICES | Household / Furnishings & Decoration
nationaltree.com

See what CB Insights has to offer

Stage

Acq - Fin | Alive

About National Tree

National Tree imports and wholesales artificial Christmas trees, wreaths and garlands as well as holiday decorations and fiber optics products.On November 25, 2019 National Tree was acquired by Sun Capital Partners, the terms of the agreement were not disclosed.

National Tree Headquarter Location

2 Commerce Drive

Cranford, New Jersey, 07016,

United States

888-494-7278

Latest National Tree News

National Tree CEO: Don’t wait till Black Friday to shop for holidays

Sep 11, 2021

National Tree CEO: Don’t wait till Black Friday to shop for holidays 2 minutes read Photo: Shutterstock National Tree Co. tells American Shipper it is warning customers not to sit on their wallets until Black Friday because the items they are coveting might already be sold out. “Our normal holiday peak buying days are Black Friday and Cyber Monday, but honestly this year, I don’t know if we will have inventory by then,” cautioned National Tree CEO Chris Butler. One of the reasons behind Butler’s inventory warning is the company is importing 10% less this year because of lack of available containers as well as an expected increased consumer demand for seasonal decor. The items chosen to be left behind in China were financially based: the lower-priced items. “Our goal last year was to get containers on the water at all costs,” he explained. “We started shipping our products in early 2020. Normally June is our peak month for logistics. This year, though, we have been in a constant daily grind.” The cost of the daily grind has gone up tenfold for the company, now paying more than $20,000 per container. To cover the historic increase in costs, prices for its holiday products have gone up 25%. “While we have contracts, not all are being filled so we are fighting the spot market,” said Butler. “From a budgeting perspective for 2022, we continue to expect high spot rates. I hope prices normalize, but I doubt it will ever get back to pre-pandemic levels.” In a time when volume records are shattered weekly, the term “peak season” has become a farce. SONAR: Outbound ocean TEU volume index China to the U.S. The crush of containers and anchor times increasing on the West Coast are a harsh reality facing all importers like National Tree. Using the ports of Los Angeles, Norfolk and NY/NJ, Butler said National Tree is looking at upward of four extra weeks added to its logistics calendar because of the congestion. That unfortunately does not include the delivery of goods to customers or retailers. “We do tens of thousands of orders per day and we are afraid with the lack of drivers this holiday, UPS and FedEx are going to get slammed,” said Butler. “Customers have to realize the holiday shopping season has already started. You need to plan ahead in order to ensure your product will arrive on time.”

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

National Tree Patents

National Tree has filed 10 patents.

The 3 most popular patent topics include:

  • DC power connectors
  • Coaxial connectors
  • Electrical connectors
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/12/2019

5/18/2021

Electrical connectors, Coaxial connectors, DC power connectors, Electrical signal connectors, Audiovisual connectors

Grant

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

Application Date

11/12/2019

00/00/0000

00/00/0000

00/00/0000

00/00/0000

Grant Date

5/18/2021

00/00/0000

00/00/0000

00/00/0000

00/00/0000

Title

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Related Topics

Electrical connectors, Coaxial connectors, DC power connectors, Electrical signal connectors, Audiovisual connectors

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Grant

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

National Tree Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

National Tree Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.