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 the first six weeks of the new year, overall economic momentum has stock values rising, with the S&P 500 up approximately 5%. Over this period, the S&P United States REIT Index is up 6%, while ongoing headwinds challenging retailers have pushed the S&P Retail Select Industry Index down nearly 3%. Subject to these macro, […]
On Friday January 7, mainland China suffered its deadliest day in the coronavirus outbreak with authorities reporting 86 fatalities, bringing the death toll to 722, according to CNN. Over 34,500 people are known to have been infected in mainland China, according to China’s National Health Commission, and another 320 cases have been reported across 27 […]
Last week, The Wall Street Journal reported that longtime L Brands CEO Les Wexner has begun discussions to step down from his role and explore strategic options for the Victoria’s Secret brand, including a possible sale. This news prompted a flood of articles summarizing the troubles that have beset the lingerie giant over the last […]
Super Bowl Sunday. Every year, football fans look forward to it, families and friends gather to watch it, and advertisers bank on it. This year’s game, which will be played this weekend, will air in more than 170 countries and will again be one of the most-watched annual sporting events in the world. With the […]
Last week saw two notable industry events: NRF (NRF 2020: Retail’s Big Show & Expo) and ICR (ICR Conference 2020). Both shows, on the heels of year-end and holiday sales and another year of retail evolution, gave indications of what’s important today and what’s coming next. At NRF, the theme for this year’s event was […]