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Tariffs Force Goon Gear to Stop Making Boards

Tariffs Force Goon Gear to Stop Making Boards

Yahoo21-05-2025

Businesses of all sizes are being impacted by the looming threat of tariffs. Goon Gear, the family owned and beloved board brand from pro rider Lucas Magoon and his wife Tonya, is the latest to announce changes.Goon Gear will not produce snowboards for the 2025-2026 season. An Instagram post from the official account, however, stated that the brand will get back to doing so sometime in the future. There will still be some fresh product drops in the fall of 2025, but snowboards will not be among them. Previous products have included t-shirts, hoodies, beanies, dice, can coolers, replica baseball jerseys, and phone cases.'After a lot of thought, we've made the tough call not to produce boards next season,' the post said. 'With unpredictable tariffs and rising costs, it's just too risky for a small business like ours.''Running Goon Gear has never been about money—it's about passion for snowboarding and this community.'
The post went on to call for people to support small businesses. Whether that's the local farmer's market, mom-and-pop deli, or coffee from a local store, skipping the corporate machine can help the small businesses rolling during times like these.Goon Gear has extended its reach into the community through its Goon Jam tour, which has aimed at connecting friends together for a day of snowboarding. There's no judging and a whole lot of fun. The past season saw the tour start in New York at Snow Ridge in December, make its way all the way to Lee Canyon Ski Area in Las Vegas, and back to the northeast, with its finale at Saddleback in Rangely, Maine. The Goon Gear love can be seen throughout the snowboarding world, but particularly in Vermont, Magoon's home state.
The family-owned businesses are not alone in being impacted by the tariffs. At the end of April, Black Diamond came forward to tell customers to expect increases in the cost of already-exiting products.'Beginning May 5, 2025, prices on most of our products will increase 10–25% due to the recent wave of global tariffs introduced by the Trump Administration,' an email to customers said. 'Tariffs have dramatically increased the cost of producing our gear - by more than double in some cases.Burton Snowboards and J Skis, both companies that are based out of Vermont, are also navigating similar circumstances. Burton CEO John Lacy told the Bennington Banner that prices could increase between 46 and 145 percent.

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McDonald's to suffer massive boycott from customers
McDonald's to suffer massive boycott from customers

Miami Herald

timean hour ago

  • Miami Herald

McDonald's to suffer massive boycott from customers

Over the past year, McDonald's (MCD) has struggled to resonate with consumers after facing backlash for dramatically hiking its menu prices during inflation. To add fuel to the fire, it also suffered a temporary E. coli outbreak in a few of its restaurant locations in October, further scaring away customers. Amid these challenges, McDonald's sales have declined over the past few financial quarters, despite its efforts to win back customers with menu changes and deals, and the trend continued during the first few months of this year. Don't miss the move: Subscribe to TheStreet's free daily newsletter McDonald's first-quarter earnings report for 2025 revealed that its U.S. comparable sales decreased by 3.6% year-over-year. This contributed to the company facing a 3% year-over-year decline in its operating income, which is its profit after paying operating expenses. Related: McDonald's CEO sounds alarm on major customer problem Also, according to recent data from the number of customers that visited McDonald's stores during the quarter fell by 2.6%. During an earnings call on May 1, McDonald's CEO Chris Kempczinski said that the "impact of inflation and heightened anxiety about the economic outlook" impacted sales during the quarter. "We entered 2025 knowing that it would be a challenging time for the QSR industry due to macroeconomic uncertainty and pressures weighing on the consumer," said Kempczinski. "During the first quarter, geopolitical tensions added to the economic uncertainty and dampened consumer sentiment more than we expected." As McDonald's struggles to attract customers to its restaurants, it has another major problem on its hands that threatens to impact sales. Between June 24 and June 30, the fast-food chain will face a major boycott from customers, which The People's Union USA is organizing. The group previously organized boycotts of Amazon, Walmart, and Target earlier this year. In a recent Instagram post, The People's Union USA founder John Schwarz said that the group is calling for a boycott of McDonald's for five reasons. First, he alleges the fast-food chain pays "less in taxes than the people serving their food." "McDonald's benefits from loopholes and offshore tax havens, allowing them to pay a fraction of what they should," he wrote in the post. "Meanwhile, their minimum wage employees pay more in effective taxes than the billion-dollar corporation they work for." Related: McDonald's announces major store change to win back customers Second, he claims McDonald's is "one of the worst offenders of price gouging" as it has "dramatically raised prices in the last few years," despite raking in record profits. Third, Schwarz claims McDonald's "has a long history of anti-union tactics, silencing employees, and avoiding accountability." "They use franchise loopholes to dodge direct responsibility while lobbying against higher wages and benefits," wrote Schwarz. Fourth, he alleges that McDonald's exploits "global supply chains and environmental loopholes" as its supply chain is connected to "deforestation, poor labor conditions, and unsustainable agricultural practices." Fifth, he said McDonald's likes to "perform DEI for the cameras but fund the opposite." "While McDonald's runs DEI-focused ads, their political donations and lobbying often support candidates and legislation that undermine equity, labor rights, and marginalized communities," he wrote. The People's Union USA has been organizing "economic blackouts" of large corporations since February. So far, it has organized specific weeklong boycotts aimed at Amazon, Walmart, General Mills, and Target. Starbucks, Home Depot, and Lowe's are next on its list. According to the group's website, it aims to "expose corruption and exploitation" and "hold corporations accountable" through these boycotts. More Food + Dining: Domino's Pizza unveils generous deal amid alarming consumer trendSteak 'n Shake's beef tallow fries aren't as healthy as they appearThe Cheesecake Factory makes bittersweet changes to its menu "We're building a people-powered force that's not just pushing back, but preparing to take power back from the corporations, the billionaire class, and the political parasites that have been feeding off our work, our wages, and our rights for far too long," said The People's Union USA on its website. Amid heightened political tensions, more consumers nationwide are opting to protest with their wallets. According to a recent survey from CLYDE/Ipsos, 53% of Americans said that if a company takes a stand on an issue they disagree with, they are less likely to buy their products or use their services. Related: Dollar General suffers major boycott from customers The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

Today in Chicago History: First Dairy Queen opens in Joliet
Today in Chicago History: First Dairy Queen opens in Joliet

Chicago Tribune

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Today in Chicago History: First Dairy Queen opens in Joliet

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36-year-old travels the world in a Toyota Tacoma: After 3 years on the road, this is her No. 1 takeaway
36-year-old travels the world in a Toyota Tacoma: After 3 years on the road, this is her No. 1 takeaway

CNBC

timea day ago

  • CNBC

36-year-old travels the world in a Toyota Tacoma: After 3 years on the road, this is her No. 1 takeaway

In 2015, Ashley Kaye's father died and she inherited her childhood home in Waterford, Wisconsin. At the time, she was 27 years old, working in corporate healthcare and transitioning to a consulting job, where she worked 80 to 100 hours a week. "I worked from home, so I just walked from my bedroom to my office to the kitchen and repeat," Kaye, now 36, tells CNBC Make It. "I was a zombie in those times," While traveling, Kaye met someone on a scuba diving trip in Honduras who helped her realize what she wanted was to leave her career behind and travel full-time. "We just hit it off and chatted the whole time I was there. We spoke about the worst of the worst, the best of the best, and financials, too," Kaye says. "He told me he wished he had done it sooner because it's so much easier and cheaper than you think. That changed everything for me. I went home and worked more and more until I quit the next year." Kaye spent the next three years traveling during the covid-19 pandemic. While on a trip to South Africa, she received unexpected news that her aunt was ill and she'd need to fly back home to Wisconsin. "That flight was probably the moment where not a single ounce of my being was like 'Yay, I'm going home.' It was like, 'I don't want to be here. This isn't it for me.'," she says. "I love being on the islands. I love having the ocean near me. That took away the hesitation I had in previous years about selling the house." While Kaye was back home caring for her aunt, she prepared her childhood home for sale and considered her next move. She thought a lot about trying van life and living and traveling with her dog. "Traveling by plane with a dog just sounded like a terrible idea," she says. "I do a lot of photography, so I knew I wanted something where I could reach tougher destinations." While waiting for the sale of her home to close, a couple reached out to Kaye on Instagram to ask about her time in South Africa. They shared their experience overlanding in a Toyota truck with a camper in the truck bed. Overlanding is a form of self-reliant travel that involves adventuring to remote destinations, typically in a vehicle of some type. After doing a bit of her own research, Kaye was all-in and purchased a Toyota Tacoma truck for $42,934, according to documents reviewed by CNBC Make It. Kaye picked up the truck in South Dakota and drove it back to Wisconsin to finish packing up her home when it officially sold in March 2023. Now that her new home was the truck, Kaye set off on her first adventure: A drive down to Baja California, Mexico. She stayed there for three months and planned out the renovations she would need to make the truck more livable. "My life is kind of like 'the plan is there is no plan.' Most people plan this type of adventure for years. I didn't even have a truck when I accepted the offer on my house," she says. "It was very spur of the moment, so I needed to take a pause and figure things out." While living in Mexico, Kaye found an American company that made the truck bed replacements that would provide external storage and make it easier for her to live and travel in the Toyota Tacoma. But, the installation couldn't happen until September. In the meantime, Kaye learned as much as she could about the truck and the kind of camper she would need. She estimates that she has spent over $50,000 on the renovations. Costs included purchasing a camper, adding solar power, replacing the truck bed, upgrading the suspension, new tires, customizing a bumper, and installing an electric cooler. When the truck was ready, Kaye decided to journey the Pan-American Highway, starting in Denver. The highway stretches from Prudhoe Bay, Alaska to Ushuaia, Argentina. "It's really an incredible way to travel because you get to set your own pace and if you find somewhere that's beautiful and peaceful you can stay as long as you want," Kaye says. "But there's pros and cons to every mode of travel and a lot of red tape and logistics crossing borders. It can be exhausting, especially when you're alone. You have to find a balance that works for you, but overall, it's definitely one of the coolest adventures of my lifetime." Since living and traveling in the truck full-time, Kaye has visited Mexico, every country in Central America, Colombia, Ecuador, Peru, Chile and parts of Argentina. In total, she's been to over 20 countries so far. "I don't want to be a cliché and say it's a dream life because it's a lot of work and there are a lot of things that you need to take care of and maintain," she says. "But it's really incredible to be able to wake up and just look at the map and say, 'Should I go sleep inside this volcano or go to the jungle or go to the beach?' You have a lot of really beautiful options, so I can't really complain." After all this time on the road, Kaye says the biggest lesson she's learned is that life is too short. "Ever since I started traveling, [I learned] life is just too short. You don't have to go and quit your career to travel the world but whatever your dreams and goals are in life just start now and everything else is just figuring out a goal," she says. Kaye says when she was younger, it was her dad who taught her that she was capable of anything. "I grew up with my dad raising me and telling me every day 'You can be anything you want when you grow up and you can do anything,'" she says. "He was 57 when he passed away, so he never even got to retire. His passing taught me how to live life because you never know how much time you have in life."

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