Timberland is launching Timberloop, a new circular sustainability program in which customers can donate old items to be fixed and resold or recycled. The program is one step for the brand to reach its goal of full product circularity by 2030.
Non-alcoholic spirits and beverages are nothing new. However, a new slew of retailers are trying to become one-stop shops for these trendy startup brands. In the past year or so, retailers like Spirited Away, Boisson and Minus Moonshine have popped up to cater to this growing market.
The pandemic made setting store floors in-person harder, so Vans pivoted towards a digital visualization process to create consistent merchandising experiences across its 500-plus U.S. stores. Paul Rupert, visual merchandising manager for elevated retail at Vans, talked about how the brand went about this change.
As the Omicron variant wave continues, planning for physical retail is once again in flux. So much so, even major retailers like Apple and Walmart temporarily shut down stores due to outbreak concerns. Now, some startup brands are weighing their options when it comes to store openings and in-person events.
Following a slate of investments in 2021 -- from third-party marketplaces to small format brick-and-mortar experiments -- department stores may be running out of ways to reinvent themselves in 2022.
This year, both retailers and brands are feeling the supply chain crunch. Smaller, artisan-made brands are dealing with a unique set of challenges, including competing for raw material and accruing upfront production and warehousing costs. However, consumers' interest in alternative gifts is also helping boost these businesses' sales.
For Black Friday, Hollister and Snap are partnering up for a shoppable augmented reality holiday marketplace. Hollister will sell a selection of comfort-focused apparel and gifts from two of its three brands -- Hollister and Social Tourist -- via a shop meant to look like a modern convenience store.
Once seen as a means to grow fast food chains, franchising is becoming a viable way for startup brands to quickly scale. This is especially true for service-focused companies, such as young fitness studios, salons and bakeries, which are taking up franchising to grow their presence.
During the Modern Retail Summit held last month in Palm Springs, Modern Retail held an intimate working group with top retailers and brands. There, 13 decision-makers sat down and discussed some of the biggest issues hampering their businesses.
The buy now, pay later space continues to evolve -- with physical retail being the latest race among players like Klarna, Afterpay and Affirm. The latest partnership, between Klarna and mall operator Macerich, shows that shopping centers are looking for more ways to court young shoppers.
Startup CPG brands are getting into retailers earlier and earlier, and the trend is no coincidence. Companies like frozen meal makers Ayo and Cool Beans have found success attracting large retailers, such as Target and Kroger. However, others are cautiously optimistic about grocery chains' increased interest in upstart CPG brands.
Early access is the hottest new rewards perk. This holiday season, both Walmart and Best Buy announced that they'll offer their loyalty members earlier shopping hours and exclusive access to sought-after gifts, such as game consoles, smartphones and TVs.
Over the past year alone, almost every major American retailer -- Target, Walmart, Kohl’s, Macy’s, and Nordstrom amongst them -- has invested in a shop-within-shop store concept. Modern Retail looked at three reasons brands and retailers are approaching shop-within-shops today: revitalization of stale retail floors, bringing back shuttered brands and speedy brick-and-mortar expansion of trending categories.
Following in the footsteps of competitors CVS and Rite Aid, Walgreens has announced a new strategy focused on medical services. The pharmacy chain, which has struggled to compete as a beauty and skincare destination, is reinventing itself as a healthcare hub.
On Tuesday, Best Buy announced it would be acquiring at-home health monitoring and health wearables company, Current Health, for an undisclosed sum. Best Buy is centering it's health strategy on the "active aging community," the Baby-Boomers-and-above crowd hoping to base their healthcare in their own homes.
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