Valentine's Day is right around the corner and 1-800-Flowers.com has been working overtime in an attempt to deliver the perfect gift. Chris McCann, CEO of 1-800-Flowers.com, joins The Long and The Short to discuss the season of love.
McCann says Valentine's Day is actually the company's third busiest time of year. He says other companies within the 1-800-Flowers.com brand, such as Harry & David, have boosted the company's revenue and growth. The company has had to widen its product offerings in an effort to attract younger customers. McCann says the sentiment of gifting hasn't changed, but the type of gifts have. However, the biggest trend for this Valentine's Day season? Purple flowers!
Plus, how technology has impacted the way flowers are sold. McCann says voice assistants are becoming a popular way to order flowers. 1-800-Flowers.com has tried to embrace technology as much as possible to cater to the changing needs of its customers.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
Visa is hoping to hand your credit card to an artificial intelligence “agent” that can find and buy clothes, groceries, airplane tickets and other items on your behalf.
