The 1920s ushered a decade of extreme economic development and widespread prosperity, and many experts anticipate the second wave of the Roaring Twenties to commence in 2021. With summer here and Covid-19 vaccines continuing to roll out, consumers are feeling more secure and adventurous – indicating the revenge spending economy is underway. According to the U.S. Commerce Department, retail sales both in-store and online jumped 9.8% in March to $619 billion, and that the gain in consumer spending is burgeoning economic activity.
Around 4,000 cargo bikes were sold in the United Kingdom last year for both private and commercial use, with this figure expected to jump by another 60% in 2021 thanks to sales-boosting initiatives at both local and national levels. “It feels like we are on the cusp of a revolution,” said Will Norman, London’s walking and cycling commissioner, as everyone from families and small tradesmen to Cross Rail are increasing the demand for cargo bikes.
During his four decades at Procter & Gamble (P&G), David Taylor worked his way up from the factory floor to the corner office. He started at the company in 1980 after graduating from Duke University with a degree in electrical engineering, managing plant production and operations. Before being named chairman, president, and CEO in 2015, Taylor, now 63, worked in brand management and led two of P&G’s core categories: the beauty, grooming, and healthcare business, and the family and home-care business. (It was announced on July 29, 2021, that Taylor will step down from the CEO role in November, and will become P&G’s executive chairman.)
STRATEGY + BUSINESS
The notch, Will the competition has been working on ways to reduce the visual impact of the forward facing camera and associated sensors, Apple has resolutely stayed with a highly visible notch.