TheFutureParty
A Community-based Media Company
The Future. 2023 marks the 99th anniversary of Black Friday, but what was once a one-day event has extended well beyond 24 hours, sometimes stretching several weeks. With consumers pointing out many holiday sales begin as soon as Halloween wraps up, Black Friday could be obsolete within 20 years. A month-long “shopping day”Black Friday, the […]
The Future. On the heels of FTX’s Sam Bankman-Fried’s fraud trial, the next biggest leader in crypto is facing his own reckoning. Changpeng “CZ” Zhao, CEO of the biggest crypto exchange in the world, is stepping down after being found guilty in US court for money laundering. While there are still people who unwaveringly believe […]
The Future. A tiny town in Oklahoma was put on the map (literally, actually) by a pandemic-fueled surge as an Airbnb hotspot. It was so in demand that the business registration manager at the Oklahoma Tax Commission stated “the town is basically one giant Airbnb.” But with demand plummeting for short-term rentals across the nation, […]
The Future. Non-profit Black Ambition is three years into investing in businesses founded by Black and Hispanic entrepreneurs. Founders Felecia Hatcher and the ever-busy Pharrell Williams believe the companies they’ve seeded and mentored could pull in $1 billion in VC money by 2030… potentially making Black Ambition the next Y Combinator. Billionaire Boys ClubSince 2020, […]
The Future. Even as many companies fall victim to retail theft, their workers believe they could be doing more to safeguard their merchandise… and more importantly, their employees. If companies don’t invest more resources in asset protection, they might have to make up for their losses by cutting staff and employee hours or jacking up […]
The Future. Last Tuesday, a judge ruled in favor of home-sellers who had sued the National Association of Realtors (NAR) for inflating agents’ commissions. The decision could make buying and selling a home much easier for consumers — and much less lucrative for agents. Bring down the houseBurnett et al. v. NAR et al. has […]
The Future. The EV market is on a weird ride right now — sales are high, but the customer is changing. Additionally, financial burdens and political associations are complicated things even more. The road ahead for EVs may have more starts and stops than a teenager learning to drive stick… but it’ll be moving forward. […]
The Future. Self-checkout kiosks haven’t turned out to be the time-and-cost-saving wonder they were hailed to be, reflecting the larger disinvestment in the shopping experience. The problem is, the technology exists between traditional customer service and future tech-powered optimization. So, the future of retail may be just walking out of the store with items à […]
Luxury retail continues to skyrocket
The Future. Spirit Halloween is rising again as we enter spooky season, with stores popping up in more than 1,500 locations this year, generating 40,000 seasonal jobs — both records for the company. Buoyed by memes that have turned the brand into an unlikely cool kid, Spirit Halloween may have the rare chance to expand […]