Wednesday, January 6, 2021

The Future of Online Shopping

Risk and Resilience in the Supply Chain

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THE DAILY DIGEST

THE UPFRONT

Dear BoF Community,

When retailers abruptly closed their stores last spring at the start of the pandemic, many experimented with new technologies and services to juice online sales. Nearly a year later, temporary fixes like digital stylists and virtual-try-on services are starting to look like permanent fixtures to the e-commerce landscape. Cathaleen Chen takes a look at where online shopping is headed next. Elsewhere, Susan Lund and Mekala Krishnan reveal which supply chain shocks need to be on the fashion industry's radar after the pandemic. Read more in BoF and McKinsey's State of Fashion 2021 report.

Brian Baskin, Deputy Editor

 

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Axios Alerts: Senate rejects first Ted Cruz objection to Electoral College certification

 
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Senate rejects first Ted Cruz objection to Electoral College certification
Why it matters: More than a dozen senators said before today's mob violence that they'd object, but only 6 ended up voting yes.
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Recording: Midweek Market Update + 5 Steps to Trading

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BREAKING NEWS: Senate rejects challenge to Biden's Arizona electoral votes

The Senate rejected a challenge to Arizona's Electoral College votes on Wednesday evening, 6-93.

The massive rebuke of President Donald Trump's efforts to overturn the election was bigger than expected earlier in the day, but the riot in the Capitol caused at least eight Senate Republicans to withdraw their objections to President-elect Joe Biden's Electoral College win.

Read more: https://politi.co/2MGjhsp

To change your alert settings, please go to https://www.politico.com/_login?base=https%3A%2F%2Fwww.politico.com/settings.



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Axios Sneak Peak: 🚨Crime and punishment

1 big thing: GOP mulls Trump punishment | Wednesday, January 06, 2021
 
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Axios Sneak Peek
By Axios Sneak Peek ·Jan 06, 2021

Welcome to Sneak Peek, anchored by Alayna Treene, Hans Nichols and Kadia Goba.

🚨Breaking: Jon Ossoff defeated David Perdue in Georgia — returning Senate control to Democrats.

Today's newsletter — edited by Glen Johnson — is 634 words, a 2-minute read.

 
 
1 big thing: GOP mulls Trump punishment
Pro-Trump forces stand outside the U.S. Senate chamber today after breaching the Capitol.

Trump supporters outside the Senate chamber. Photo: Saul Loeb/AFP via Getty Images

 

With 13 days left in President Trump's term, confidants and Republican officials are considering drastic steps to stop him, Jonathan Swan and Margaret Talev report.

  • These measures include censure, impeachment or invoking the 25th Amendment — a move, long dismissed as a liberal fantasy, in which Vice President Pence would step in if  Trump were found to be unable to perform his duties.

This talk is coming from current and former White House and GOP Hill aides, and Republican lobbyists and political consultants — all of whom have either embraced him or quietly tolerated him until now.

  • Senior State Department officials are encouraging 25th Amendment discussions along with other officials at the White House and other departments, according to two sources involved in the discussions.

State of play: Republicans are furious with the president for what they see as fomenting an attack on American democracy, disgracing their party and invading the sanctity of their chambers on the other end of Pennsylvania Avenue.

  • There's concern about whether the country can withstand another two weeks with Trump at the helm, and what additional chaos and division could be sowed.
  • There's also rage inside the GOP at Sens. Josh Hawley, Ted Cruz and others whose plans to object to Biden's certification gave oxygen to Trump, the protests and the notion that Congress could be used to overturn the will of voters.

Go deeper.

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2. "Shots fired, stay away from the door!"
A pro-Trump supporter is seen sitting in the office of House Speaker Nancy Pelosi after overrunning the Capitol today.

A Trump supporter sits inside Speaker Pelosi's office after storming the Capitol. Photo: Saul Loeb/AFP via Getty Images

 

Axios' Kadia Goba and Alayna Treene were in the Capitol today when it got locked down. Here is their first-person account:

Alayna: "At 2:25pm, an officer in a gray suit wearing an orange sash saying "Police" yelled, "Shots fired, stay away from the door." Senators moved away from the perimeter, into the center of the chamber. Most sat at desks."

Kadia: "Police told everyone inside: 'Be prepared to get down.' There was loud banging. A window was bashed. Everyone inside moved to one side of the chamber."

The big picture: Several hours later, we're back in each chamber as lawmakers vow to finish counting the Electoral College votes tonight. We're shaken but OK. We're also seeing democracy and politics in a different light tonight.

Go deeper.

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3. A day we'll always remember...
President Trump is seen pumping a fist to his supporters during a rally outside the White House today.

Photo: Brandan Smialowski/AFP via Getty Images

 

President Trump addressed his supporters from the Ellipse just after noon, setting in motion a historic series of events.

Vice President Pence and Speaker Pelosi talk before today's joint session. Photo: J. Scott Applewhite/AP
Trump supporters scale walls after marching to the Capitol. Photo: Stephanie Keith/Reuters
A pro-Trump mob takes over the platform built at the Capitol for President-elect Biden's inauguration two weeks from today. Photo: Stephanie Keith/Reuters
A man carries a Confederate battle flag through the Capitol. Photo: Saul Loeb/AFP via Getty Images)
A Capitol Police SWAT team member patrols the Capitol this afternoon. Photo: Oliver Douliery/AFP via Getty Images
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A message from Comcast

How to make remote learning easier for every student
 
 

Comcast has provided low-income Americans with 135K computers and is working with hundreds of school districts to sponsor free internet at home.

The reason: Students from low-income families need access to the internet and computers in order to learn from home successfully.

Learn more.

 
 
4. A violation beyond the pale
A photo array shows two tweets by Rep. Katherine Clark protesting President Trump.

Illustration: Eniola Odetunde/Axios

 

The mob that marauded through the Capitol shattered a sense of decorum that hangs as famously in the building as stately paintings showing the signing of the Constitution and the reading of the Emancipation Proclamation, Axios' Glen Johnson reports.

Why it matters: The Architect of the Capitol carefully tends to the building, knowing its objects and meeting rooms are scenes of history and part of the country's governing continuum.

  • All that was put at risk as the mob defied metal detectors meant to protect members, staff and tourists, broke through the heavy wooden doors of the House and Senate chambers and forced the vice president and House speaker — second and third in line to the presidency — to retreat for their safety.

On a normal day, members of the House and Senate are lords of the manor, going about their business under the guard of the Capitol Police. Tourists are led by escorts, and journalists move about only while wearing a badge identifying and distinguishing them from staff and other building visitors.

Today's shattering of norms prompted bipartisan criticism, as well as a call for the president's ouster by the leader of a major business group.

  • Rep. Katherine Clark (D-Mass.), the fourth-ranking member of the House as assistant speaker, called for the invocation of the 25th Amendment.
  • Rep. Jim Jordan of Ohio, the top Republican on the House Judiciary Committee, said in a statement: "What happened today is wrong and is not what America is about." 
  • Jay Timmons, president and CEO of the National Association of Manufacturers, took dead aim at the president: "Anyone indulging conspiracy theories to raise campaign dollars is complicit. Vice President Pence, who was evacuated from the Capitol, should seriously consider working with the Cabinet to invoke the 25th Amendment to preserve democracy."
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5. Pic du jour
Members of the House seek cover as pro-Trump forces seize control of the Capitol.

Photo: Andrew Harnik/AP

 

Rep. Jason Crow (lower center), a former Army Ranger and Democrat from Colorado, shelters with others in the gallery as protesters try to break into the House chamber.

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A message from Comcast

Comcast is turning 1,000 community centers into Lift Zones
 
 

The company is providing safe places where students and their families can access free Wi-Fi to participate in distance learning.

Why it's important: For students from low-income homes, having a safe place to get online matters.

Learn how Comcast is helping close America's digital divide.

 

📚Years from now, we'll be reading about today in history books. Thanks for relying on Sneak for your first draft. We'll be back tomorrow — count on it.

 

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Wall Street Legend: "Millions of investors will be taken by surprise"

                                                                                                          Dear Reader, Investing legend L...