Morning Brew - ☕ No farm, no foul

A new Farm Bill is coming this year.
January 23, 2023

Retail Brew

Bolt

Let’s start the week off on the right foot. Behold Josiah Vargas, who ordered a sausage McMuffin from a McDonald’s in Indiana recently and opened the bag to discover an employee had mistakenly dropped another bag with the restaurant’s deposit of thousands of dollars in cash inside. Vargas returned the cash…which makes him a good egg (McMuffin). He was rewarded with $200 and free McDonald’s for a month.

In today’s edition:

—Erin Cabrey, Maeve Allsup, Andrew Adam Newman

FOOD & BEV

Law of the land

Tillage at farm USDA ARS

When it comes to food and agriculture legislation, not all bills are created equal. The Farm Bill is the big kahuna, the top dog, the Bruce Springsteen, governing many of the sector’s policies and programs. So as the 2018 iteration of the bill is put out to pasture this year (read: it expires), stakeholders are pushing their agendas for the 2023 edition.

Matthew McKenna, former senior advisor to USDA Secretary Tom Vilsack during President Obama’s second term, told Retail Brew the bill, typically renewed every five years, is a “muscle network of funding” for the USDA.

  • It’s an omnibus bill, meaning it covers a lot of different topics. The bill is divided into 12 Titles, which include commodity programs, conservation, trade, nutrition programs (like SNAP), rural development, forestry, energy, and horticulture.
  • It directly impacts farmers and ranchers, rural communities, and low-income families, which then impacts CPG brands, retailers, and consumers.

The bill is a bit “unusual” in that the USDA is very dependent on it for funding, and that it follows a calendar different from presidential administrations, McKenna noted. “That bipartisan nature and that five-year calendar, I think, allows Congress to focus on policy issues a little bit more independent, sometimes, of politics, which is unusual for them,” he said.

  • The new makeup of the House of Representatives, which has a slight Republican majority, could also change things, he added.

House Agriculture Committee Chair G.T. Thompson, R-Pa., said earlier this month that it’s “crunch time” for the bill, so let’s get into what you need to know.

Keep reading here.—EC

        

TOGETHER WITH BOLT

A revamp for the checkout champs

Bolt

The start of a new year is the perfect time for a visual refresh, and Bolt is greeting 2023 with a sleek new vibe.

It’s all good news. Bolt’s snazzy design revamp (check it out for yourself) aligns with the same top-notch value and capabilities merchants already expect from their One-Click Checkout. The shockingly simple tool that builds a seamless checkout process (and lifelong customers) isn’t going anywhere.

Compared to guest checkouts, Bolt’s One-Click Checkout converts more shoppers into buyers, which means you can say farewell to abandoned carts and helloooo to more conversions.

Bolt’s CEO discusses their new look here. Check it out—and revamp your checkout experience while you’re at it.

TECH

Skin in the game

Roblox logo Roblox

The metaverse was a key topic at NRF’s Big Show in New York last week, and we’re not just talking about the dozens of virtual reality companies whose booths graced the expo hall. On stage, executives from brands including Claire’s, Microsoft, and Coach discussed their forays into the metaverse.

Many brands interested in virtual worlds are turning to online platform Roblox to design their own games and experiences for consumers. In fact, in the last several years, Roblox has become positively packed with brand activations, from NIKELAND to Gucci Town. But as the platform gains increasing notoriety among brands of all shapes and sizes, it’s also looking to distinguish itself, not just as a world for gamers, but as a collaborative and creative space to build community.

Winnie Burke, head of fashion and beauty partnerships at Roblox, spoke to a full house at NRF and debunked some common beliefs about the platform.

  • Roblox might be coming into popularity with brands, but at over 18 years old (it was founded in 2004), it’s far from a newcomer to the space, Burke explained.
  • “We’ve historically been known as a kids platform, and that is no longer just true,” she added. “To date, over 50% of our audience is over the age of 13, and 17–24 is our fastest-growing demographic.”
  • And despite common assumptions, gaming is just “one facet” of Roblox, Burke said, explaining why she doesn’t use the phrase “gaming platform.”
  • “Another major aspect of Roblox…is creation,” she explained. “What the platform provides is the tools and technology, but the community are the ones who are innovating for all the different types of content.”

Keep reading here.—MA

        

TOGETHER WITH IMPACT.COM

Impact.com

Marketing must-have. After growing to $5b as an industry in 2022, it’s safe to say influencer marketing is sticking around for a while. And impact.com has created the ultimate influencer toolkit to help your brand’s program thrive. Learn how to leverage 2023’s most important influencer marketing trends.

SWAPPING SKUS

Today’s top retail reads.

Apple turnover: How more conservative hiring and fewer employee perks like free lunch may have helped Apple thus far avoid the layoffs of other tech companies. (the Wall Street Journal)

Up, up, and away: The price of helium has nearly doubled since before the Covid-19 pandemic, and it may be one of the factors that led Party City to file for bankruptcy. (Marketplace)

The slice is right: The New Yorker who logged 464 slices of pizza he ate over eight years has seen prices rise. Liam Quigley: “If I go to a random pizza spot in Queens and I’m like, ‘How much is a plain slice?’ and they’re like, ‘$3.50 or $3.75,’ I’m gonna look at it and be like, ‘Really, bro?’” (Slate)

WHAT ELSE IS BREWING

  • Walmart started a new e-commerce site targeting small businesses with products including office supplies.
  • Abbott Nutrition confirmed that the justice department is investigating its infant formula plant in Michigan.
  • Thinx will pay up to $5 million to settle claims over “potentially harmful chemicals known as PFAS” in its period underwear.
  • Amazon discontinued its charity donation program, AmazonSmile.
  • Dolly Parton introduced four new baking mixes in a partnership with Duncan Hines.

HOT TOPIC

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.

Fur coats used to be all the rage for celebrities like Marilyn Monroe, but now fur often seems to elicit all the rage. Retail Brew’s Jeena Sharma recently reported, for example, on California’s fur ban, which took effect this month.

The law, which was passed in 2019, says retailers must cease sales of new items made with fur unless they’re secondhand. Similar laws are already prevalent in parts of Europe and potentially in the works in states like New York, and many shoppers seem to have long supported a ban on fur products.

Jeena’s second story about the fur ban, which will be in tomorrow’s newsletter, will look at the movement to overturn the law, but first…

You tell us: Are you in favor of fur bans, like the one in California, which bans the sale of new fur products? Cast your vote here.

Circling back: Last week, we asked you about a Dutch supermarket chain, Jumbo, that introduced 200 cash-register lines in its stores to enable customers to have lengthy conversations with the employees ringing them up. The initiative is aimed at loneliness, with 33% of Dutch residents over 75 reporting feeling at least moderately lonely, according to Statistics Netherlands data cited by Vice.

So we asked if you would want your favorite supermarket to introduce slower-moving “chat registers” for those who want to schmooze with cashiers. Most (56.3%) said it was a great idea but said you’d personally go to those registers rarely or never. Another 15.1% of you agreed it was a great idea and said you would head for that register some or most of the time. But 27% of you said no, these registers were a bad idea, while 1.6% of you did not know or did not have an opinion.

Circling further back: In November, we asked you about retail chains that were struggling and, according to a Yahoo article, “may not make it to 2023.” Among four stores that were on the list—Bed Bath & Beyond, Rite Aid, Party City, and sewing and crafts chain Jo-Ann—we asked which you thought was the most likely to survive. Well, they all made it to 2023, but some news about Party City, whose likelihood of surviving you ranked last, with just 14.3% of you thinking it was the most likely to survive: On January 17, it filed for bankruptcy.—AAN

SHARE THE BREW

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 Share

Or copy & paste your referral link to others:
morningbrew.com/retail/r/?kid=303a04a9

         

Written by Erin Cabrey, Maeve Allsup, and Andrew Adam Newman

Was this email forwarded to you? Sign up here.

Take The Brew to work

Get smarter in just 5 minutes

Business education without the BS

Interested in podcasts?

  • Check out ours here
ADVERTISE // CAREERS // SHOP 10% OFF // FAQ

Update your email preferences or unsubscribe here.
View our privacy policy here.

Copyright © 2023 Morning Brew. All rights reserved.
22 W 19th St, 4th Floor, New York, NY 10011

Key phrases

Older messages

☕ LEO season

Monday, January 23, 2023

What's ahead for satellite connectivity? January 23, 2023 Emerging Tech Brew TOGETHER WITH Vanta Hello there. If you, like us, haven't thought about Angry Birds in a decade, here's an

☕ Apples and oranges

Monday, January 23, 2023

Retail media meets AI. January 23, 2023 Marketing Brew It's Monday. Procter & Gamble's Tampax commercials starring Amy Schumer were so successful that they stressed the company's

☕ Lunar New Year tragedy

Monday, January 23, 2023

What to know about the mass shooting near LA... January 23, 2023 View Online | Sign Up | Shop 10% Off Morning Brew TOGETHER WITH TaxAct Good morning. Let's have a great week . —Neal Freyman MARKETS

☕ Zuck’s new worry

Sunday, January 22, 2023

Plus, how to survive a nuclear apocalypse... Together with Babbel January 22, 2023 | View Online | Sign Up | Shop 10% Off Lunar New Year is here, ushering in the Year of the Rabbit. VCG via Getty

☕ Huge number

Saturday, January 21, 2023

Taking stock of Big Tech's bad week... January 21, 2023 View Online | Sign Up | Shop 10% Off Morning Brew TOGETHER WITH Mugsy Good morning. We did it, folks—we made it through the darkest timeline.

You Might Also Like

Microsoft confesses April Windows update breaks some VPN connections [Thu May 2 2024]

Thursday, May 2, 2024

Hi The Register Subscriber | Log in The Register {* Daily Headlines *} 2 May 2024 VPN_tunnel Microsoft confesses April Windows update breaks some VPN connections Connection failures reported following

Revenue diversification is (sometimes) overrated

Thursday, May 2, 2024

PLUS: You can't copy and paste a media business model ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

DoorDash reports record quarterly revenue of $2.5B, rips Seattle over minimum wage law

Wednesday, May 1, 2024

Breaking News from GeekWire GeekWire.com | View in browser BREAKING NEWS DoorDash dedicated two paragraphs of its first quarter earnings report and several minutes on a call with analysts to voice

Tents and nervous (can't relax)

Wednesday, May 1, 2024

College campuses remain on edge after a clash in LA and hundreds of arrests around the country. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Behind the Barricades at Columbia’s Hamilton Hall Takeover

Wednesday, May 1, 2024

Columns and commentary on news, politics, business, and technology from the Intelligencer team. Intelligencer clash on campus Behind the Barricades at Columbia's Hamilton Hall Takeover Columbia

GeekWire Mid-Week Update

Wednesday, May 1, 2024

Read the top tech stories so far this week from GeekWire GeekWire Mid-Week Update Top stories so far this week Prudential to shut down Assurance, the insurance tech startup it acquired for $2.35B in

April’s most popular picks

Wednesday, May 1, 2024

<3 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Thursday Briefing: Police deployed at U.S. campuses

Wednesday, May 1, 2024

Also, China's surging electric car market and a new Netflix series from India. View in browser|nytimes.com Ad Morning Briefing: Asia Pacific Edition May 2, 2024 Author Headshot By Amelia Nierenberg

Left To Our Own Devices

Wednesday, May 1, 2024

School Bans Phones, Big Plan on Campus ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Prudential shutting down Assurance IQ, the Seattle-area startup it acquired for $2.35B

Wednesday, May 1, 2024

Inside the Binance founder's sentencing | LinkedIn launches games ADVERTISEMENT GeekWire SPONSOR MESSAGE: Washington state's second-largest city is the hub of an ambitious regional tech