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 January, my colleague wrote in this space about the rising adoption of livestream selling by major American retailers as a means to connect with customers and drive sales in a world where COVID-19 has weighed on traffic to stores. He predicted that we’re only at the beginning of a wave of livestream retailing in […]
Supply chains for many commodities and products are more out of whack today than they were a year ago. This is surprising to those of us who thought that over the course of a year of pandemic life, things would be more sorted out. But here we are today, and a number of items are […]
With most of the country spending significantly more time at home due to COVID-19, many people seem to have used their idle time by dabbling with (and in some cases diving headlong into) speculative, nontraditional investments. Some of these investment vehicles have made front page headlines as retail investors pile in and then jump out, […]
Kevin Plank, the founder of Under Armour, was born in 1972. That means that he was 16 when Michael Jordan won his first NBA Most Valuable Player award. As Jordan became a basketball-deity, perhaps Plank noticed, as many fans did, Jordan’s Nike sneakers. Perhaps that is one reason why as Plank grew Under Armour he […]
The United States is the largest importer of goods in the world, totaling approximately $2.5 trillion in value annually. Before many of those goods are available to consumers on retailers’ shelves, they have taken a long journey across half the world. This journey often begins in a factory in China or somewhere else in Southeast […]