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.
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 […]
Simon Property Group CEO David Simon predicted a “major comeback” for suburban retail coming out of the pandemic on his company’s fourth-quarter conference call earlier this month. “With all of the urbanization that was predicted two or three years ago, the question was, ‘Why are the suburbs going to exist if everybody is going to […]
Owners considering selling their business face the specter of a purchase price reduction that could drop net proceeds by as much as 20 percent. Currently, the capital gains rate is 23.8% for most sales, counting the net investment income charge. During his campaign, President Joseph Biden proposed increasing the top long-term capital gains tax rate […]
Last week, Amazon founder Jeff Bezos announced that he will step down from his role as CEO later this year. He will be replaced by Amazon Web Services CEO Andy Jassy. For many Americans who don’t have strong opinions about Amazon or its founder, this change will have little impact on how they view the […]
In less than a week, millions of people will gather around their televisions to watch two teams battle for the Vince Lombardi Trophy at Super Bowl LV. As the COVID-19 pandemic continues to grip the nation, and most people continue to wait for vaccination, the biggest sporting event of the year will be a notably […]