The Weekly Consensus™ brings to your inbox every Monday a summary of the major stories that impacted consumer businesses in the prior week.
With COVID-19 driving interest in outdoor activities, consumer preferences have shifted. Concerns for safety and shutdowns of many indoor fitness and recreation outlets during the pandemic led people outside. This has resulted in higher participation on two fronts – consumers who were not participants before COVID are now trying new activities, and consumer who were […]
E-grocery and restaurant delivery experienced an unprecedented spike in adoption with the start of the coronavirus pandemic, and startups sprang up and partnered with retailers to facilitate getting food to consumers stuck at home. As the economy reopens, however, some are beginning to ask if all the investment in food delivery has created a bubble […]
Many of us have watched with awe as Amazon’s Prime Day has gone from a new holiday conjured from thin air in 2015 to one of the largest annual ecommerce shopping events in the U.S. This year’s 48-hour Prime Day, which wrapped up last Tuesday, generated over $11 billion in total U.S. ecommerce sales (including […]
Last week a New York Time’s headline read, “Momentous: New York and California Open.” After sixteen or so very dark COVID months, the light is beginning to shine from coast to coast. And prognosticators are suddenly recalibrating their assumptions to come up with new and improved forecasts. In February, the National Retail Federation projected that […]
Last year, as Walmart and Amazon started drone pilot programs to provide faster delivery times, I wrote in this forum that commercial drone programs were not developed enough and were not properly regulated enough for wide range commercial use. The buzz around drone deliveries has not dissipated since I wrote that piece. In addition to […]