Boots leans into beauty: The UK retailer plans to open a beauty-only store that offers free consultations and skincare advice.
Indian startup Zepto bucks rapid grocery skepticism with $200 million funding round: But it’s proving to be an outlier in the quick-commerce space, as Getir and Gopuff both struggle to find a sustainable model.
Younger generations are more likely to discover new grocery products via social media and search engines.
The slowdown in discretionary spending hurt Petco’s Q2 results: The retailer’s supplies and companion animal business fell 9.4% YoY, and some shoppers are trading down to lower-priced food.
Shoppers will be able to get their pumpkin spice fixes earlier than ever this year: Starbucks, 7-Eleven, and more are hoping that an earlier launch will enable them to capture more sales from PSL devotees.
Coty’s revenues rose 16% YoY in fiscal Q4: While consumers pull back on discretionary spending in many categories, they continue to splurge on Coty’s beauty and cosmetics brands.
Instacart’s gross transaction volume grew just 5% in the first half: That’s a troubling number that can’t be glossed over by the company’s 30% revenue growth.
Lower-income consumers are feeling pinched: Although inflation is cooling, many are shopping discount stores for everything from basic necessities to groceries.
Estée Lauder has significant challenges: The combination of too much merchandise and weak travel retail demand is weighing on Estée Lauder’s results.
Farfetch embarks on major cost cuts as luxury demand continues to soften: The luxury ecommerce platform is laying off around 11% of its workforce and sunsetting its beauty business as it tries to stem losses.
Aldi’s Winn-Dixie acquisition marks a departure for the discount grocer: The deal will allow Aldi to experiment with larger stores, but it could force a shift in its private label strategy.
Though growth is slowing, digital grocery will continue to fuel overall ecommerce growth in the US. “Growth is no longer driven by new adopters, but heavy digital grocery users,” our analyst Blake Droesch said on a recent “Reimagining Retail” podcast episode. Here’s how retailers like Instacart, Amazon, and Walmart can capitalize on frequent buyers.
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss the changes in how US consumers buy groceries, strategies for building future growth in grocery, and who has the best shot at winning. Then in a newish segment, "Loyalty Point, Counter Point," we present arguments both in favor of and against Uber and DoorDash being able to push even further into grocery. Join our analyst Sara Lebow as she hosts analyst Blake Droesch and director of content Becky Shilling.
Target’s struggles continued in Q2 as discretionary spending stays under pressure: The retailer suffered its first revenue drop in six years as shoppers shifted more spending to essentials.
DoorDash’s grocery business is booming, and Instacart is leaning on advertising to tide it over as its delivery volumes are down. Perhaps taking a cue from both, Uber Eats continues to add non-restaurant delivery partners while also building out its advertising platform.
Packaged craft beer sales are down 3% YoY: The industry is struggling to deal with a host of challenges, including consumers’ shifting preferences and inflation.
Farfetch is quietly winding down its beauty division: The luxury ecommerce retailer’s big bet on beauty is fizzling out due to stiff competition and shoppers’ preference for physical retail.
On today's episode, we discuss whether Amazon can keep expenses down while also keeping customers happy, where the company will place its bets on grocery, and how its advertising arm has performed of late. "In Other News," we talk about why most retailers site searches aren't working and how many streaming viewers will watch ads to save a few bucks. Tune in to the discussion with our director of Briefings Jeremy Goldman and analyst Zak Stambor.
Walmart is in a good spot right now: The retailer’s share of grocery sales keeps growing, which is providing fuel for it to build upon its retail media business.
AB InBev’s craft-like beer and beverage footprint is shrinking: The company is selling eight brands to Canadian cannabis company Tilray as it looks to boost its bottom line.