Story of the Week Disney Takes a $1.5 Billion Stake in Google Antitrust Foe Epic Games In 2017, Epic Games was among a handful of companies selected to participate in Walt Disney’s Accelerator incubator program, where the game company’s founder held ambitions of incorporating the entertainment giant’s well-known characters into his digital playground. Now, Disney […]
Story of the Week Kroger, Albertsons merger is delayed Do not expect the $24.6 billion Kroger, Albertsons merger to happen anytime soon. The two grocers, along with C&S Wholesale Grocers, came out and said they expect the deal to become official during the first half of 2024 instead of early 2024, reports Reuters. Kroger and […]
We saw the warnings as early as August when retailers started stocking shelves with candy, costumes, decorations, and all things pumpkin-flavored: summer has passed, and it is now officially the Halloween spending season. As a longtime resident of Salem Massachusetts, one of the top tourist destinations in the U.S. for all things Halloween, I have […]
With much of the consumer retail sector reporting first quarter earnings results over the last two weeks, most announcements reinforced the general gloom that has settled over the space since last year. Inflation, jitters about regional banks, and, most recently, tensions over the raising of the debt ceiling have all weighed on consumer confidence and […]
Last week, millions of American couples celebrated Valentine’s Day – and with them, so too did a large number of businesses whose products and services help make the holiday happen. Data on how much consumers spent isn’t publicly available yet, but the National Retail Federation’s (NRF) projections leading up to Valentine’s Day was for spending […]