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.
In a year in which seemingly nothing has gone as it usually does, Walmart has just added to this year’s long list of anomalies. The Company announced that all stores will be closed on Thanksgiving this year, breaking the tradition of kicking off the Holiday shopping season the night before Black Friday for the first […]
“No more pencils, no more books. No more teacher’s dirty looks.” – Alice Cooper This song favored by students is belted out every year at the end of the school year. However, in these strange times, this song may have relevance at the beginning of this school year. The Back to School season is […]
In an attempt to keep some of the millions of new customers it gained during the pandemic, at the end of this month Walmart is reportedly ready to announce the debut of its new loyalty program, called Walmart+. Walmart, like other ubiquitous brick and mortar and ecommerce retailers selling essentials, gained sales and new customers […]
Walmart is serious about growing its online marketplace business. The retailer has teamed up with Shopify to enable sellers from the platform to sell their goods on walmart.com. The agreement between the two companies is potentially bad news for Amazon.com. Walmart is the second biggest e-commerce site in the U.S. and growing its business at […]
The outbreak of COVID-19 is having an unsettling effect worldwide, and many businesses have been negatively impacted by stringent lockdowns and waning consumer confidence. Unexpected events, such as the COVID-19 outbreak, can trigger the material adverse change (MAC) clause in contractual agreements. MAC clauses can be triggered when a buyer has signed, but not executed, […]