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.
Andy Dunn, the originator of the term Digitally Native Vertical Brand (DNVB), the founder of Bonobos, and the head of Walmart’s digital consumer brands unit, revealed last week in a LinkedIn post called “A Love Letter to Walmart” that he will be leaving the retail giant early next year. The post described some of the […]
In addition to all the usual challenges facing retailers, this year they also have to deal with an unfriendly calendar. With the fourth Thursday in November falling on the 28th, Thanksgiving was as late as it can be this year. The ripple effect is that there are only 26 shopping days between Thanksgiving and Christmas, […]
Toys ‘R Us is officially back. Tru Kids, Inc., the “proud parent” of the Toys ‘R Us® and Babies ‘R Us® brands, opened two new Toys ‘R Us stores last week in Houston, Texas, and Paramus, New Jersey. The two stores are the first of at least 10 that Tru Kids hopes to open by […]
Tom Ryan, RetailWire Zappos has announced the launch of Goods for Good, a site featuring over 150 eco- and socially-conscious brands. Zappos features products on Goods for Good under the following categories: Vegan products constructed without animal parts or possessing components synthesized from animal parts, such as glue. Give Back products that have some community […]
Earlier this year, Amazon founder and CEO and world’s richest person Jeff Bezos and his now ex-wife divorced after 25 years of marriage. Amazon is now in the midst of a divorce of its own. The retail behemoth is separating from the world’s most valuable apparel brand – Nike. After two years of participating in […]