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.
Until late 2020, the most Mike Winkleman – the digital artist known as Beeple – had ever sold a print for was $100. Last year, he sold a non-fungible token, or “NFT,” piece of work for $69 million at Christie’s. Consumer brands are also entering the world of NFTs and the digital, virtual realm in […]
Today is January 10th, which means that for those participating, Dry January is roughly 30% over. As the name suggests, participants in Dry January abstain (or try to abstain) from alcohol for the month of January to moderate and/or reassess their drinking habits and kick off the new year with a healthier start. Many consumers […]
Nordstrom has reportedly retained AlixPartners to explore a spinoff of its recently-struggling Nordstrom Rack off-price business. The move, first reported by Bloomberg, follows Saks Fifth Avenue’s hiring of AlixPartners to explore a separation of its online business. Saks.com is expected to undergo an IPO in 2022. Macy’s and Kohl’s are both facing shareholder pressure to […]
One recent weekend, my family and I visited friends at their home for dinner. While our toddlers played together, I was able to take in the awesome tech setup my friend has created in his home. I was astonished by how he can manipulate seemingly everything in his home from his smart phone or tablet. […]
Consumers are gravitating toward plant-based foods to preserve the environment, improve their health, and for the ethical treatment of animals. Plant-based diets in comparison to diets rich in animal products are more environmentally sustainable because they use fewer natural resources and result in lower greenhouse gas emissions. In addition, plant-based diets reduce the risk of […]