The rise of Amazon has made a significant impact on the retail market, with a major phenomenon being Amazon’s Prime Day. It’s a term gaining increasing ubiquity, and one that is gradually becoming an American tradition akin to holidays like Black Friday, Christmas, Easter, and Thanksgiving.
The eCommerce industry is turning prohibition-era inspired legislation upside down. The spirits industry has always been defined by dynamism and innovation, as explained in this deep dive on Bud Light’s recent woes: “The alcohol industry has long been a staple of the American economy and social scene, with different trends emerging, morphing, and subsiding over the decades.”
As 2023 marches forward, one can hardly shake off the feeling of being perched on the edge of a new economic epoch, where modern norms, rules, and notions are put under political scrutiny. The pulsating digital economies, spearheaded by China’s behemoth direct-to-consumer (DTC) brands and tech giants like Shein, Temu, and TikTok, are waging a battle of economic influence and cybersecurity.
