Bounce Back After five consecutive months of rising retail sales, it’s clear that American consumers aren’t afraid to treat themselves, even in an uncertain economic landscape. Discretionary spending is bouncing back from its pandemic slowdown, helped, in part, by high prices that keep sales chugging along. And that’s just it: Higher prices mean Americans are…Read more
Beyond Streaming The world’s largest streaming platform, Netflix (NFLX), is once again looking beyond streaming for profits. Its latest focus: fan experiences and merchandising. The one-time DVD rental service is no stranger to pivoting. Netflix initially built its streaming platform primarily by licensing other studios’ content. But now the company owns a large library of…Read more
Going For Gold Wholesale retailer Costco (COST) is best known for its immense quantities and diverse aisles where customers can find anything from TVs to gym equipment to… gold bars? You read that right. Costco sells 1 ounce 24 karat gold bars online. But unlike its typical inventory, the bars are decidedly not sold in…Read more
