The National Hockey League (NHL), like many other top sports leagues, is eager to rebound as quickly as possible from the disruption caused by the pandemic. The 2021/22 season sees the league return to its 82 game regular season, where the majority of teams plan to welcome fans back to arenas operating at full capacity. To gauge how quickly any league or team can recover, it’s important to understand both the strengths and weaknesses of the sports property and the strategies being implemented that will drive commercial revenues in the short to mid-term.
Providing on-the-go energy has always been a preoccupation of beverages in C-store channels. Even so, the number of products aiming at energy occasions was notable at the 2021 National Association of Convenience Store Show (NACS) in Chicago, IL. Energy drink and RTD coffee sales did not drop as initially expected during the pandemic and this was in large part due to strong sales at channels like C-stores that never shut down. With even a global pandemic not capable of strongly denting demand for on-the-go energy in US convenience stores, it is not surprising that many exhibitors at the NACS show were eager to show their new energy beverages.
CHICAGO: E-commerce drove 75% of the $3 trillion growth in global retail sales over the past decade, according to Euromonitor. This digital transformation is forcing retailers to redefine the use of traditional stores to enable immersive, personalized and optimized shopping environments.
The US travel industry saw a strong recovery in the summer of 2021, largely due to the strong performance of domestic leisure travel. This blog looks at some of the most common questions about how the pandemic has changed travel in the US, from where travellers stay to how long it will take for the industry to recover fully. The piece investigates what the “new normal” for travel will be in the US, and considers how travel’s recovery could be hampered by the COVID-19 Delta variant.
By the end of 2019, CBD had completed an impressive entry into the American consumer market. In just a year, the non-psychoactive compound had gone from near total obscurity to just over USD4 billion in sales. Fast forward to late 2020, however, and momentum seems to have stalled for this nascent industry. Sales have inched forward at about 20% in year-over-year terms, well below expectations for a product that’s just getting started, and consumer sentiment has become decidedly more mixed. This slowdown comes as a result of an oversaturation of CBD products and regulatory uncertainty that has hampered product launches and quality.
On Thursday, 11 March, President Biden signed the American Rescue Plan into law. Included in the massive, controversial law are a litany of tax and aid provisions that strive to dramatically shift the US economic landscape in 2021, and perhaps…
The US, the world’s largest economy, producing around a quarter of all global output in US dollar terms, now faces major disruption, which could affect the global economic recovery from Coronavirus (COVID-19)-induced recession. Americans are…