Author Archives: Betsy White

  The American Jobs Plan proposal, announced by the White House on March 31, is loaded with infrastructure related investments and spending. Most of us think of tangible roads, bridges, asphalt and steel when we hear the word “infrastructure.”  However, about 4% of the eight year, $2.25 trillion proposal, or $100 billion, is earmarked to […]

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When the beginning of the COVID-19 pandemic in March 2020 resulted in government-mandated shutdowns, consumer spending for things other than essential grocery items fell off a cliff. Because of the lack of spending, coupled with federal stimulus payments and uncertainty surrounding the pandemic, and despite growing unemployment, personal savings rates increased dramatically. The author of […]

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With the massive shift in consumer purchasing over the last eight months from brick and mortar to ecommerce, it should be no surprise that Amazon sales during the two-day event last Wednesday and Thursday called Prime Day increased versus last year. Amazon announced that Prime Day sales of its third-party sellers increased 60% to $3.5 […]

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In an attempt to keep some of the millions of new customers it gained during the pandemic, at the end of this month Walmart is reportedly ready to announce the debut of its new loyalty program, called Walmart+. Walmart, like other ubiquitous brick and mortar and ecommerce retailers selling essentials, gained sales and new customers […]

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A number of major companies across restaurants and retail made announcements last week regarding their April rent payments (and beyond).  Cheesecake Factory announced it would not be paying April rent, and is in negotiations with landlords regarding what will happen with rents that are “otherwise payable during the period of the COVID-19 related closure.”  The […]

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