On Thursday, Macy’s CEO Jeff Gennette announced that the company hired consulting firm AlixPartners to explore separating its ecommerce and brick-and-mortar stores businesses. While Macy’s has not reached any conclusions about whether to proceed with a separation, activist investor Jana Partners announced last month that it had taken a stake in Macy’s and called for […]

On November 5, Congress passed the Infrastructure Investment and Jobs Act, which President Biden will sign when Congress returns to session this week.   If the associated revenue changes are approved through the budget reconciliation process, the U.S. will commence what The Brookings Institute calls “a building spree larger than what happened during the New Deal.” […]

The Chinese shopping festival of Singles’ Day, also known as 11.11, is set to conclude this week, and indications are that this year it will again be the biggest shopping event on the planet. Originally created in the 1990’s to celebrate single people, the holiday took a commercial turn in 2009, when Chinese ecommerce retailer […]

We are pleased to be joining Consensus and helping to strengthen and formalize the firm’s Food, Beverage, and Agriculture practice.  The Food, Beverage, and Agriculture sector is an enormous part of the consumer economy, and we are thrilled to combine Consensus’s strong experience as a leading consumer-focused investment banking boutique with our deep industry expertise […]

As a longtime resident of Salem, Massachusetts, I have witnessed firsthand just how popular Halloween and all things spooky are throughout the year.  This year, however, seems to be unlike any other – not only in the city of Salem, but across the United States. To make up for lost time after COVID-19 forced many […]