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.
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 […]
When you ask the leaders of consumer brands what worries them most today, many will tell you the rising costs of acquiring customers. Customer acquisition cost, or CAC, can relate to any method of acquiring customers and, for omnichannel consumer companies, can include costs associated with stores (depreciated buildout, employee costs and rent), catalog production […]
According to the American Pet Products Association, the U.S. will spend more than $75 billion on pets this year, and the largest segment of pet owners are now millennials, who seem willing to spare no pet-related-expense. Yet even within such a large and growing industry, certain businesses thrive while others struggle. Examining the factors that […]