Source: Earnest Analytics In December 2023, the e-commerce platform Zulily came to an unfortunate end. Founded in 2009, the company initially thrived as a private sale site targeting young mothers. The company grew rapidly, achieving $143 million in sales and positive cash flow by 2011, driven by its flash sale business model. Despite early […]
While the Beauty and Personal Care category has been among the strongest subsectors of Consumer over the last several years, it wasn’t immune to the woes of 2023. Last year, the two-headed monster of high inflation and high interest rates cast a gloom over the entire Consumer landscape (and the greater U.S. economy), as shoppers […]
The past year saw consumers proving their mettle. The resilient consumer was a major talking point as leading retail executives and analysts lauded the consistently robust shopper. The triumph of this narrative was mirrored in the S&P 500 Consumer Discretionary index, which saw an impressive surge of over 40%. This was a noticeable leap, dramatically outdoing the 24% […]
It was reported last week that a jury had reached a decision concerning Google. In a California court case filed by Epic Games, the maker of the video game Fortnite, Epic Games accused Google and its app store of violating antitrust laws regarding fees charged and other anti-competitive practices related to developer and consumer access […]
Walmart recently commented that certain customers were pulling back on their basket size with fewer units purchased – and fewer calories. When the world’s largest retailer talks, many people listen. Walmart was referencing the latest weight-loss movement: prescription weight-loss drugs that have achieved blockbuster status over just the past year. Walmart’s comment has further fueled […]