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.
In an attempt to keep some of the millions of new customers it gained during the pandemic, at the end of this month Walmart is reportedly ready to announce the debut of its new loyalty program, called Walmart+. Walmart, like other ubiquitous brick and mortar and ecommerce retailers selling essentials, gained sales and new customers […]
Walmart is serious about growing its online marketplace business. The retailer has teamed up with Shopify to enable sellers from the platform to sell their goods on walmart.com. The agreement between the two companies is potentially bad news for Amazon.com. Walmart is the second biggest e-commerce site in the U.S. and growing its business at […]
The outbreak of COVID-19 is having an unsettling effect worldwide, and many businesses have been negatively impacted by stringent lockdowns and waning consumer confidence. Unexpected events, such as the COVID-19 outbreak, can trigger the material adverse change (MAC) clause in contractual agreements. MAC clauses can be triggered when a buyer has signed, but not executed, […]
Think back to this past New Year’s Eve and all the hopes we had for the upcoming year. Even the most jaded of us wouldn’t have predicted what the next few months had in store for us. Is it possible that 2020 is only five months old? We are unquestionably living through a historic time. […]
While COVID-19 has forced the closure of many aspects of normal life, a number of articles and outlets have pointed out that several areas are benefiting from the “new normal.” One such subsector is video gaming. The gaming world can be broken down into two sections, the traditional gaming industry (what used to be called […]