BREAKING NEWS: Towel Specialties lowers prices of products, reduces shipping costs

Leading industry supplier Towel Specialties is ringing in 2023 with an average price reduction of 12% across the entire line. This is on top of additional average savings of 37% on all domestic shipping charges.

“We’re looking to offer a bright spot in the form of price relief for our customers,” said Towel Specialties' President and CSO Shawn Kanak. “COVID-19 globally disrupted the supply chain and caused major price increases from 2020 to 2022. Container shipping costs were six-fold what we were paying in 2019. Raw material costs soared during COVID-19 but have stabilized recently. Since things have settled down over the last few months, we determined it is time to do the right thing and give back on our towels, blankets, bags, and robes.”

The price reduction arrives on the heels of a November switch from UPS to FedEx as Towel Specialties’ designated carrier. This change allowed distributors to enjoy discounts from 25-55%, depending on where orders ship.

www.towelspecialties.com