Black Friday is in the books, and unsurprisingly, it was a big one. According to the annual survey by the National Retail Federation (NRF) and Prosper Insights & Analytics, nearly 180 million Americans shopped during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday. This exceeded initial estimates by more than 21 million […]
There was a lot of anticipation around electric vehicle start-up Rivian going public. On the second day of trading, the company’s shares spiked, surpassing both Ford and General Motors by market cap. While it is still well below the market cap of Tesla, Rivian’s valuation topped $100 billion. The valuation means Amazon’s 20 percent stake […]
The wine industry has been hit hard in the US over the last couple of years. Pre-pandemic, this was mostly due to droughts and wildfires, which ravaged the West Coast, and destroyed millions of acres of vineyards. For 2021, there has been another hiccup, which the wine industry may refer to as the great supply […]
Who doesn’t remember their first phone? For my parents, it was a rotary phone at a stand-alone point in the hallway. For my wife, it was a see-through 80’s phone that gave her the freedom to talk to her friends every night. For me, it was a clunky cellphone that would cause me to butt-dial […]
We’ve all heard the news that storage containers are increasingly more difficult to come by, and as a result, this could impact the upcoming holiday season. But just how scarce are they? The spot rate of booking a 40-foot container from Shanghai to Los Angeles hit $10,229 the first week of August, up 238 percent […]
I just read an interesting article about Chris Johnson, former top sales executive at Apple and CEO of JC Penney. It seems that Mr. Johnson is on a quest to “remake the retail world” as he takes his new company public. The company in question is Enjoy, and it runs mobile retail stores for its […]
A few week ago, I wrote an article about the transformative nature of the plant-based meat supply chain. Over the last few years, Beyond Meat and Impossible Foods have been creating meat substitutes that promise to eat “more like meat.” Fast food chains around the country have been introducing meatless burgers, and now Burger King […]
