It’s Monday, the last day of September, just 31 days until Halloween, and this year it’s not just trick-or-treaters coming to your door, but your Beetlejuice costume, too. In a partnership with Uber Eats, Spirit Halloween will deliver your costumes and fake blood within hours, so don’t forget to tip your drivers...and give them a KitKat.
In today’s edition:
—Erin Cabrey, Alex Vuocolo
|
|
Getty Images for AriZona Iced Tea
In 1992, one of the beverage industry’s most iconic products—the 99-cent, 23 oz. Big Can of AriZona iced tea—was introduced. More than 30 years later, the company is welcoming consumers to see how it’s made in an experience it’s dubbing AriZonaLand.
Located on a 3-million-square-foot campus in Keasbey, New Jersey, AriZonaLand includes a factory tour breaking down the beverage bottling process, plus its first-ever retail store and exhibits on the company’s history, like its innovations, branding, and dedication to the 99-cent price tag.
The company began in Brooklyn, with two iced tea flavors, Lemon and Raspberry, and now produces 85 types of tea, juices, waters, and beers. Its 600,000-square-foot New Jersey factory, opened in late 2019, manufactures 4,730 beverages every minute (including the Mucho Mango flavor on the line when Retail Brew visited—you could smell it), coming out to 6.8 million bevs daily.
While it welcomed its first tours this month, the factory—adorned with the brand’s trademark aquamarine and pink color palette throughout—was built with a walkway down the middle to give consumers a “bird’s eye view” of the production process, Don Vultaggio, AriZona’s co-founder and chair, told Retail Brew. At AriZonaLand’s grand opening, we caught up with Vultaggio to chat about the new experience and AriZona’s evolving manufacturing strategy.
Keep reading here.—EC
|
|
Retailers have to manage inventory carefully in uncertain times. And with volatile markets and supply chain disruptions, it’s more important than ever to have a strategy that optimizes your stock without creating excess or wasting $$$.
It’s not just about adopting the right ERP and APS systems—many retailers using tech still have inventory issues. UST’s Managing Inventory in Uncertain Times digs into what drives excess inventory, the active roles leaders can take to avoid it, and proven strategies that help improve inventory practices.
Rightsizing your inventory with UST is simple. Their end-to-end inventory management solutions are designed to optimize supply chain processes and boost your business’s resilience.
Watch UST’s webinar on demand—Inventory’s Role in Improving Supply Chain Resiliency—to gain insights from industry experts.
Watch now.
|
|
Bing-Jhen Hong/Getty Images
While Costco may be known for its massive warehouse stores, the membership club continues to grow its online business, and it’s ramping up deliveries and pick-ups in the process.
Comparable e-commerce sales were up 18.9% last quarter, compared to a more modest 5.4% bump in comparable sales overall. These gains were partly fueled by sales of gold bricks, which along with silver coins generate $200 million in sales per month, but CFO Gary Millerchip told analysts on Thursday that other items are gaining traction online as well.
Keep reading here.—AV
|
|
Robert Way/Getty Images
Fall officially started last week, but the early holiday sales season doesn’t really get going until next week, with promotional events from retail giants such as Walmart, Target, and Amazon. In the meantime, it’s a little quiet around here. To hold you over until the real action starts, here is what’s going on in retail this week:
In earnings: Nike is set to report its latest earnings report on Tuesday, and the results could provide a window into the brand’s ongoing efforts to resuscitate itself after a string of business failures and bad press, including a new release, the Panda Dunk, which some sneaker heads called “the worst sneaker of all time.” It will also be the last earnings call with CEO John Donahoe, who announced that he is stepping down in October. Longtime executive Elliott Hill is set to replace him.
Keep reading here.—AV
|
|
Get to know your loyalists. Without the right customer data, brands can waste up to 40% of their marketing budget. Fortunately, Yotpo analyzed data from over 3m+ shoppers to help you understand what drives customer engagement and loyalty. The research reveals 15 customer personas + targeted strategies to engage them. Take a look. |
|
Level up your career with these resources from our sponsors!
|
|
At the mall, it’s where band tees are the only tees. In Retail Brew, it’s where we invite readers to weigh in on a trending retail topic.
A Consumer World study found that when shoppers discover something they intend to buy is in a locked display case, only 32% ask a store employee to unlock the case.
You tell us: What are you most apt to do when a product that you intend to buy is in a locked case? Cast your vote here.
Circling back: Last week, we noted that California, which has a new statewide ban on plastic bags, was one of 12 states with such bans, and we asked if you’d support a national ban on plastic bags. It turns out that most of your are totes into reusable totes, with 56.8% of you saying you’d support that national ban, 39.6% of you opposing it, and 3.6% of you didn’t know or weren’t sure.
|
|
Today’s top retail reads.
Port in a storm: A port strike on the East Coast and Gulf Coast is expected to start Tuesday, per the International Longshoremen’s Association union. (Reuters)
Bananas split? That looming strike could result in shortages of items including bananas, chocolate, and alcohol. (CNN)
Bunker mentality: Why emergency food supply kits and other items are booming thanks to “preppers” anticipating myriad catastrophes. (Marketplace)
The greats: Curious which retail giant saw the most YoY visit growth in H1 2024? Placer.ai’s new report has tons of deets on how big-timers like Walmart and Target fared. Get the scoop.* *A message from our sponsor.
|
|
Share Retail Brew with your coworkers, acquire free Brew swag, and then make new friends as a result of your fresh Brew swag.
We’re saying we’ll give you free stuff and more friends if you share a link. One link.
Your referral count: 2
Click to ShareOr copy & paste your referral link to others: retailbrew.com/r/?kid=9ec4d467
|
|
ADVERTISE
//
CAREERS
//
SHOP
//
FAQ
Update your email preferences or unsubscribe
.
View our privacy policy
.
Copyright ©
2024
Morning Brew. All rights reserved.
22 W 19th St, 4th Floor, New York, NY 10011
|
|