Costco’s private label brand Kirkland Signature launched in 1992 and has been delivering a great product experience ever since, as well as win for manufacturers. “Kirkland products have to be at least 1% better than the equivalent branded products (on […]
“Illinois does not behave like any other recreational-legal state. Here’s fourteen things to know so you better understand why.” | learn more
“If you’ve ever permanently lost a checked bag, your stuff probably ended up for sale at a store in Scottsboro, Alabama.” | learn more
It’s bigger than the NBA’s revenue and approaching the size of the wholesale prescription pain medication market. “With revenue of $10.6 billion-$13 billion in 2019, sales of legal adult-use and medical marijuana in the United States topped spending on sleep […]
“Every year, [toy companies] have to a) predict trends, b) invent them, and c) commit capital to them. All without knowing how the rest of the year will turn out. Since toy trends exist, but don’t last for very long, […]
Chapter 11 reorganizations are now cheaper and more practical for small businesses. This also seems like an extra reason for founders to avoid signing personal guarantees. “A new law … will make many business owners realize that filing for bankruptcy […]
It’s on pace to be larger than $15 billion this year and estimated to pass $37 billion by 2024. | learn more
“Of all business closures on Yelp since March 1, 41% are permanent closures. Our data shows the largest spikes of permanent closures occurred in March, followed by May and June, indicating that the businesses that were already struggling had to […]
Even the strongest of brands is hurting today. “Nike reported an unexpected quarterly net loss and a sales decline of 38% year-over-year.” That’s despite digital sales growing by 75% to represent 30% of their revenue. | learn more
I’m not sure whether I’m more surprised by how many I didn’t know about, or how many I was already aware of. I wonder what this landscape will look like by early next year? | learn more