Retail news that keeps industry pros in the know
Retail Brew delivers the latest retail industry news and insights surrounding marketing, DTC, and e-commerce to keep leaders and decision-makers up to date.
A not-insignificant portion of those reading this right now are already coming to the realization that their fantasy football team stinks, and there’s really no hope. But believe it or not, there’s a lot going on that doesn’t have anything to do with football, so let us distract you with what’s happening in the retail world this week.
In events: On Tuesday, Apple is hosting its annual fall event. This year, it’s called “Wonderlust,” and history suggests that a new iPhone could be available for presale as soon as this Friday and released a week later.
- iPhone users far and wide are particularly looking forward to this year’s new phone because we’re (finally) getting USB-C integration and doing away with the dreaded lightning cord.
- Apple’s retail workers are reportedly getting stores in shape for the upcoming release, which is rumored to include other products such as new Apple watches and USB-C-compatible AirPods.
Also starting Tuesday, Goldman Sachs will host its 30th annual Global Retailing Conference, which will feature companies such as Dollar General, Lowe’s, and Nordstrom.
- The two-day event in New York City will be webcast and consist of fireside chats from many of the participating retailer’' top executives.
In openings: Upscale grocery store Erewhon will open its 10th location in Pasadena, California, on Wednesday. All of the Erewhon’s stores, including its latest, are located in Los Angeles County. Erewhon has gained popularity since the start of the pandemic since grocers stores were one of the few places that were open and it’s also frequented by many celebrities.
- The new location has reportedly been in the works since 2021 after permits were approved to replace a former Borders bookstore.