The Modern Retail podcast

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Biscuits & Jam

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The War and Treaty Are Getting Carried Away 46:55

9 hari yang lalu46:55

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46:55

The War and Treaty’s Michael and Tanya Trotter grew up in Cleveland, Ohio, and Washington, DC, respectively, but both have family roots in the South. They also grew up in the musical traditions of their churches – Tanya in the Black Baptist Church and Michael in the Seventh Day Adventist Church – where they learned the power of song to move people. After becoming a father at a very young age, Michael eventually joined the armed forces and served in Iraq and Germany, where he took up songwriting as a way of dealing with his experiences there. Meanwhile Tanya embarked on a singing and acting career after a breakthrough appearance in Sister Act 2 alongside Whoopi Goldberg and Lauryn Hill. Now, after a long and sometimes traumatic journey, Michael and Tanya are married, touring, winning all sorts of awards, and set to release their fifth album together, and their fourth as The War and Treaty. Sid talks to Michael and Tanya about the new record, Plus One , as well as their collaboration with Miranda Lambert, what it was like to record at FAME studios in Muscle Shoals, and how they’re blending country, soul, gospel, and R&B. Learn more about your ad choices. Visit podcastchoices.com/adchoices…

The Modern Retail Podcast

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The Modern Retail Podcast is a podcast about the retail space, from legacy companies to the buzzy world of DTC startups. Every Thursday, Cale Weissman, editor of Modern Retail, interviews executives about their growth and marketing strategies. And every Saturday Gabi Barkho, senior reporter, sits down with the Modern Retail staff to chat about the latest headlines in the retail world.

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#Business #Entrepreneur #Business News #News

The Modern Retail Podcast

100 subscribers

updated 5 hari yang lalu

Beranda serial•Feed

477 episode

#Business #Entrepreneur #Business News #News

Semua episode

The Modern Retail Podcast

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Rundown: Neiman Marcus's store closure drama, Forever 21's financial woes and 7-Eleven's attempt to dodge a takeover 22:37

5 hari yang lalu22:37

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On this week’s Modern Retail Rundown, the staff discusses the drama surrounding a planned Neiman Marcus store closure in downtown Dallas. Elsewhere, reports swirl that Forever 21 is preparing for a possible bankruptcy, its second in six years. Lastly, Modern Retail looks at the battle that's brewing in the convenience store space as 7-Eleven’s parent company tries to fight off a takeover bid by Circle K’s owners.…

The Modern Retail Podcast

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How Dropps got its eco-friendly cleaning products into Target 37:23

7 hari yang lalu37:23

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Cleaning company Dropps hit shelves in Target this week, hoping to capture market share in the competitive category by offering a "greener" alternative. And one of the first ways it's hoping to catch shoppers' eyes is with its paperboard, trapezoid-shaped container next to the plastic tubs of laundry and dish pods. "It is paperboard within a sea of plastic," said CEO Alastair Dorward, "and the unique form and the shape really presents an excellent billboard on shelf." Dorward joined the Modern Retail Podcast to talk about the company's expansion plans as Dropps made its Target debut online and in stores. The over-30-year-old company makes pods for dish and laundry that are USDA-Certified Biobased, Leaping Bunny Certified and wrapped in a biodegradable film. The launch also includes a new 4-in-1 Plus Oxi Biobased Power Laundry Detergent Pod that's exclusive to Target and Dropps.com, as the company looks to compete with legacy brands that offer "tiered" pods for different uses. Dorward said Dropps is looking to find a mass audience after nearly two decades of direct-to-consumer operations. The former CEO of Method, Dorward took the helm at Dropps about two years ago and worked to take the product from its DTC origins to mass retail. The so-called "green cleaning" category is expected to grow as customers look for more non-toxic ingredients in product purchases. Nielsen IQ found that 45% of consumers want to buy products that have antibacterial properties, non-toxic ingredients and disinfectant abilities, for example.…

The Modern Retail Podcast

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Rundown: Target partners with Champion and Warby Parker, Starbucks overhauls menu & Americans are doom spending 21:26

12 hari yang lalu21:26

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On this week's Modern Retail Rundown, the staff discusses news from Target, which announced new partnerships with sportswear brand Champion and eyewear startup Warby Parker. Elsewhere, Starbucks’ latest turnaround move is to pare down its menu by 30% and get rid of complicated drinks. Lastly, we take a look at why one in five Americans are "doom spending" as worry over the economy and trade wars loom.…

The Modern Retail Podcast

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How Bumpin' Blends has successfully scaled within the aisles of Walmart and Costco 38:43

14 hari yang lalu38:43

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When smoothie brand Bumpin’ Blends made its mass retail debut, it landed in the frozen food aisles of more than 3,100 Walmart, Target and Sprouts stores within a few weeks. “We went from doing five figures a month to doing six figures a month and seven figures a quarter,” said co-founder and CEO Lisa Mastela. “It was very huge immediately, which was very cool, but also a huge learning curve.” Mastela joined this week’s Modern Retail Podcast to chat about the changes Bumpin’ Blends has made to its packaging, messaging and ad strategies to gain a foothold in the competitive frozen CPG category. She also shared how the company has been able to grow by carefully watching ad spending and by being selective about what it puts in curating mass retail. In addition, she discussed the serendipitous meeting with a Mattel executive that landed her a licensing deal. Bumpin’ Blends sells frozen smoothie cubes that can be popped into a blender with milk for easy, quick prep. But it took some trial to error to figure out how to communicate that value proposition. The company’s first retail partner was Costco, with the product sold in large bags of cubes that had a photo of a smoothie bowl on the front. Mastela recalls hearing from Costco shoppers that they thought the bags held some sort of free coffee. “There's nothing on the bag that says coffee. There's no picture of coffee. So we tweaked some of the photography on the bag to really push that, like, this is not coffee,” she said. “We switched it to a front-facing cup with a smoothie with a straw.”…

The Modern Retail Podcast

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Rundown: Nike teams up with Skims, Celsius acquires Alani Nu & Crocs preps for tariffs 23:43

19 hari yang lalu23:43

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This week's Modern Retail Rundown kicks off with big news from Nike and Skims. The two companies are creating a new women's activewear brand called NikeSkims. Next, the staff delves into why energy drinks maker Celsius is acquiring competitor Alani Nu. And Crocs is the latest retailer to address how its 2025 outlook could be impacted by President Donald Trump's tariff policy.…

The Modern Retail Podcast

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How Shinola is emphasizing its American design and manufacturing roots 32:08

21 hari yang lalu32:08

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Detroit-based luxury design brand Shinola sells everything from jewelry to bikes to journals. In 2019, it even opened a hotel in downtown Detroit. But the is currently laser-focused on refining the answer to the question, “What’s the first thing you think of when you think of Shinola?” And it wants that to be watches. “We lost that [focus on watches] for a little while,” said Kevin Wertz, CMO at Bedrock, the platform company that owns Shinola. Bedrock also owns the outerwear brand Filson. Shinola, founded in 2011, quickly gained a following because it was bringing manufacturing jobs back to Detroit. In 2012, the brand opened a 12,000-square-foot watch factory in the city. Over the next few years, it used its expertise in design and craftsmanship to expand into new categories. But in 2016, Shinola ran into a hurdle when the FTC ruled that the company could not use the tagline “Built in Detroit.” Even though Shinola has a watch factory in the U.S., its watches — like all watch brands — largely rely on imported parts. Now, Shinola’s watches say “Built in Detroit with Swiss and imported parts.” "We’re going back to the idea that we are designing and assembling watches in downtown Detroit,” Wertz said. Despite this, Shinola has found that the best way to tell its story is to do more showing, rather than telling. Wertz said the content that has performed the best for Shinola is raw photos and videos from its factories showing how its watches are made. "People say, 'I don't know what watches being made actually looks like,’” he said, regarding the interest. Wertz joined the Modern Retail podcast this week to talk about how Shinola is refining its brand story.…

The Modern Retail Podcast

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Modern Retail Rundown: Olipop now valued at $1.85B, Poppi's Super Bowl marketing backlash & January retail layoffs 23:05

26 hari yang lalu23:05

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On this week’s Modern Retail Rundown, the staff kicks off the episode by discussing Olipop's new $50 million funding round, valuing the brand at $1.85 billion. In other better-for-you soda news, a look at Poppi’s Super Bowl controversial marketing campaign, which caused a backlash after the brand sent creators Poppi vending machines. Finally, retail layoffs spiked in January due to store closures and other cost-cutting measures.…

The Modern Retail Podcast

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How Brooks harnessed the run club boom to generate record-breaking revenue 30:09

28 hari yang lalu30:09

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It’s been a great year for brands that sell shoes and other gear to runners. Brooks Running, which is a subsidiary of Berkshire Hathaway, disclosed earlier this month that it ended 2024 with record global revenue, up 9% year-over-year. The company did not disclose exact revenue numbers. “We’re now in our 25th year of growth. Over that 25 years, we've grown approximately 15% compounded,” said Dan Sheridan, CEO of Brooks. “I think it's an outcome of this incredible, sharp focus we have on the category of run that has mass appeal to anybody that really moves.” Sheridan joined this week’s Modern Retail Podcast and spoke about Brooks’s 2024 performance and how the brand is setting itself up for growth in the years to come. There have been different types of running booms over the years, Sheridan said. “In the early 2000s, the running boom was centered on a broader approach and invited walkers and people that just wanted to be active.” Right now, Sheridan said, Brooks is benefitting from the post-pandemic running boom, which is being led by Gen Z. This generation, Sheridan said, is getting into running earlier. They are also trying to balance the mental, physical and social aspects of their life differently. “Run clubs are the new dating app. It's where you're finding your mate. And people are choosing run clubs over going to the bar. And we see that in Gen Z. They're they're drinking less; alcohol sales are down. … So we think this next generation is a running boom for our industry.” International sales, too, are fueling Brooks’s growth. Sales in China, in particular, grew 228% year-over-year.…

The Modern Retail Podcast

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Rundown: Waffle House's egg surcharge, Chipotle downplays avocado concerns & Gap launches vintage drops series 26:04

5 weeks yang lalu26:04

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On this episode of the Modern Retail Rundown, the staff looks at the impact of rising ingredient costs. For instance, this week Waffle House announced it's implementing a $0.50 surcharge per egg as costs rise due to bird the bird flu. Meanwhile, Chipotle executives told investors that looming tariffs on Mexican imports will not hurt the fast casual chain's supply of avocados. as it only sources half its avocados from Mexico. Lastly, Gap announced a new series called GapVintage that will feature curated Gap selections from the 1980s through the 2000s.…

The Modern Retail Podcast

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How Modern Animal is using technology to make pet care more customer-centric 41:51

5 weeks yang lalu41:51

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Most founders are loath to compare their businesses to other companies. Not the veterinary care startup Modern Animal. "We were definitely inspired by One Medical early on," said Steven Eidelman, founder and CEO of Modern Animal. "I think Tom Lee, the founder, was really a trailblazer for: How do we bring technology into health care?" The idea behind both companies was to add a technological element to health care to make the customer experience more seamless. Eidelman described the core problem with veterinary clinics thus: "As a pet owner, you and I both know the experience we have going into a veterinary clinic. And it's a little bit underwhelming -- to put it nicely, the experience is not really customer-forward." Eidelman joined this week's Modern Retail Podcast and spoke about his company's recent growth and future plans. Modern Animal, which first launched in 2020, tries to make the experience better by building its own clinics, hiring its own veterinary and technical staff, and using technology to make the entire process smoother. For an annual fee, members can get unlimited access to exam visits as well as Modern Animal's telehealth platform. It's currently available in major California and Texas cities, and will be opening new locations in both Colorado and Arizona later this year. "We offer primary preventative care," Eidelman said. "We offer urgent care, and we offer our care digitally. We do dentistry, we do surgery. What we don't do is we don't do after hours," Eidelman said. While the business is health care, Eidelman believes the key to success is thinking about it from a retail perspective. At the end of the day, the core underlying business model that we are building has not really ever been built in the veterinary industry," he said. "And that is: we are building a retail footprint, a sort of box-driven business."…

The Modern Retail Podcast

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Rundown: Brands shuffle import strategies, retail layoffs & Chili's makes a comeback 21:52

6 weeks yang lalu21:52

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On this week’s Modern Retail Rundown, the staff checks in on the latest tariff and import tax policy changes that are impacting U.S.-based brands. Meanwhile, layoffs across the industry continue as companies like Amazon, Shopify and Kohl's cut costs this month. Finally, Chili's parent company, Brinker International, reported positive sales as the casual restaurant chain underwent a turnaround strategy.…

The Modern Retail Podcast

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How Whatnot is pushing social commerce forward amid TikTok's uncertain future 34:05

6 weeks yang lalu34:05

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During the weekend when TikTok was briefly offline, Whatnot -- a platform that lets online brands and merchants sell products via livestreams on its app and website -- saw its user numbers surge. "It was our biggest weekend for new sellers -- both in terms of news sign-ups and also sellers who went live for the first time," said Armand Wilson, vp of categories and expansion at Whatnot. "Over that Saturday, Sunday, Monday, we saw a huge spike -- and we continued to see those numbers since then." It points to the uncertainty permeating the social media landscape right now. While TikTok is back up and running, it's unclear what its future is in the U.S. And more brands are testing out other startup social commerce platforms. On this week's Modern Retail Podcast, Wilson spoke about the rise of Whatnot as well as what he's witnessed during the last six months when TikTok's future became unclear. "Particularly [at] the tail end of last year, we are hitting this kind of inflection point," he said. Still, Wilson was clear that even though TikTok, a major competitor, has been constantly in the news, he and his team tried to remain focused. "We really, truly tried to not spend a ton of time thinking about competition," he said. At the same time, the constant changes likely had an impact on overall adoption of social commerce, which still remains nascent in the U.S. "We've definitely seen a big growth in live shopping as a whole," he said. "And I'm sure some of that can be attributed to some of our competitors pushing and getting more vocal."…

The Modern Retail Podcast

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Rundown: Theft ring to pay back retailers, TikTok updates and VF Corp layoffs 22:31

7 weeks yang lalu22:31

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In this week's Modern Retail Rundown, the staff discusses the latest retail news headlines. First, we dive into the latest developments about a retail theft ring that cost companies millions of dollars. Then, we check in on TikTok and what its future looks like. We end with reports of layoffs at VF Corp and what that means for the company.…

The Modern Retail Podcast

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How Renais is trying to make ultra-premium gin popular in the U.S. 33:08

7 weeks yang lalu33:08

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Renais has lofty ambitions to be the leading global ultra-premium gin brand. The company, which launched in 2023 in Europe and expanded to the U.S. last year, just raised a fresh round of capital and is working on expanding even further. It was founded by CEO Alex Watson and his sister, actress Emma Watson. Renais Gin isn't cheap -- it retails for around $60 a bottle. But it offers a product that reuses pressed wine grapes from the Watson family's vineyard in France, ultimately making a more sustainable and higher-level gin offering. According to Alex Watson, who joined this week's Modern Retail Podcast, Renais' growth comes at a fortuitous time. "Martinis are having a moment right now," he said. And while people are drinking less -- especially this month -- they are seeking better options. "People generally are consuming less alcohol these days, but they're trading up," Watson said, "so the volume and the share is all shifting into higher value products." That gives Renais a clear path to growth. Still, Watson admitted, there are some big competitors in the space. "Some of the headwinds that we face [are] both going up against the likes of the big boys and hundreds-of-years-old brands," he said. However, he thinks gin may be the best place to introduce a new higher-end product. "Although there's been a lot of innovation in gin -- and there are a lot of gins out there -- there are very few in what we would call the ultra-premium segment of the category," Watson said.…

The Modern Retail Podcast

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Rundown: Joann's second bankruptcy, Walgreens looks for new anti-theft solutions & new FDA health proposals 29:35

8 weeks yang lalu29:35

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On this week’s Modern Retail Rundown, the staff gives an update on Joann's latest bankruptcy filing, the second in 10 months for the craft retailer. Meanwhile, Walgreens CEO Timothy Wentworth said that locking products in cases is hurting the retailer's sales, and Walgreens is looking for other creative solutions to reduce store theft. Furthermore, days after banning artificial dye Red 3, the FDA is proposing food companies label their products with more transparent health claims.…

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