The Weekly Consensus™ brings to your inbox every Monday a summary of the major stories that impacted consumer businesses in the prior week. It also includes “The Big Story” – and editorial by a Consensus professional commenting on an item of significance to the industry.
We are now almost 75% through the month of January – if you are participating in Dry January and have made it this far without a slip up, good work. In Dry January, participants try to abstain from alcohol for the month of January. Many who partake do so to kick off the new year […]
Last week, Bed Bath & Beyond announced in its quarterly earnings report that losses were far greater than expected and sales fell by a third compared to the same period last year. This announcement came on the heels of issuing a “going concern” opinion that the business may not be able to operate in the […]
The approaching one year anniversary of the war in Ukraine presents an opportunity to take stock of the many ways the war has impacted the world. Beyond its clear political and tragic humanitarian consequences, the war has also underscored Ukraine’s importance in global food and agriculture. Disruptions caused by the war have reverberated through global […]
With customers continuing to seek lower-priced options due to inflation, the major players in value retailing are already far outpacing others in opening new stores in 2022 and appear to be riding mighty tailwinds heading into 2023. For the fiscal year in January, Dollar General and Dollar Tree are on track to open 1,300 new […]
As the end of 2022 approaches, it is an appropriate time to wonder how the year will be remembered. However, 2022 has been such a volatile year, it will be hard to define. Was 2022 the year that crypto currencies gained legitimacy and entered the mainstream? Or was it the year that the face of […]