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 vaccines rolling out, and optimism growing that the pandemic will be under better control soon, at least one segment of consumers is chomping at the bit: travelers. According to an American Express Travel survey taken in January, 78% of respondents want to travel this year to relieve the stress of 2020. In fact, […]
Another week, and more new funding announcements for at-home fitness companies. Moxie, a New York-based online fitness studio offering a broad range of classes, raised a $6.3 million “seed+” round. The company was founded during the COVID-19 pandemic. A few days before, word surfaced that SoftBank intends to invest $100 million in Tempo, a two-year […]
The American Jobs Plan proposal, announced by the White House on March 31, is loaded with infrastructure related investments and spending. Most of us think of tangible roads, bridges, asphalt and steel when we hear the word “infrastructure.” However, about 4% of the eight year, $2.25 trillion proposal, or $100 billion, is earmarked to […]
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 […]