Morning Brew - ☕ Rain or Shein

Inside Shein’s business strategy.
October 09, 2023

Retail Brew

Listrak

It’s Monday, and being unprepared is bad for business—so don’t face your new managerial role alone. Morning Brew Learning’s New Manager Bootcamp can equip you with the tools you need to take on your new position with confidence. Secure your seat now.

In today’s edition:

—Alex Vuocolo, Katishi Maake, Erin Cabrey

OPERATIONS

Behind the scenes at Shein

Peter Pernot-Day Peter Pernot-Day. Christophe Archambault/Getty Images

Shein is arguably one of the most controversial companies in the world. Beloved by Gen Z, the Singapore-based apparel company nonetheless has faced allegations of forced labor, copyright infringement, and using unsafe levels of toxic chemicals in its products. As recently as August, 16 US attorneys general sent a letter to SEC Chair Gary Gensler asking that he make sure Shein will independently verify that it does not use forced labor before approving its US IPO. It’s also still recovering from a PR disaster after it sent fashion influencers to a model factory in China, which some saw as downplaying concerns about working conditions.

As Shein now endeavors to expand beyond China, diversify its operations, and repair its reputation globally and in the US, Retail Brew sat down with Peter Pernot-Day, the company’s US head of strategy and communications, to talk about how the fast fashion giant plans to sustain its growth in a way that avoids some of the public relations pitfalls of recent years.

Keep reading here.—AV

     

PRESENTED BY LISTRAK

What’s your holiday game plan?

Listrak

We may be knee-deep in spooky season, but EOY will be here before you know it. If your holiday revenue strategy still needs work, Listrak’s dynamic customer engagement platform has you covered.

Their e-commerce retail experts have rounded up the best holiday advice, prep tips, and must-dos that VIP retail players (think: Academy Sports, TOMS, vineyard vines) are using to make sure they’re on the ball this holiday season—and they’ve packed it all into their holiday resource center.

This resource center features bite-size videos (we’re talkin’ 5 minutes or less) and downloadable calendar guides that’ll have you set up for holiday success, including:

  • making sure your emails actually land in inboxes
  • keeping your SMS game on point
  • mastering segmentation, personalization, loyalty, and design
  • developing out-of-the-box ways to boost revenue

With these hot tips, you’ve got this holiday season in the bag.

E-COMMERCE

Sales party

Amazon Prime Day logo on a smartphone screen. Sopa Images/Getty Images

Amazon, as is now tradition, is about to bring us Part 2 of Prime Day, after Part 1 of its annual sales event earlier this year was bigger than ever.

By now it’s clear that Prime Day, which falls on Oct. 10 and 11, is bigger than Amazon. Other retailers are piggybacking on the retail giant’s discount days, and savvy consumers plan to take advantage of sales wherever they pop up.

  • Half of consumers said they’ll shop multiple sites including Amazon on Prime Day, meaning “they’ll be especially responsive to limited-time offers [and] exclusive promos,” according to a recent survey of 600 shoppers conducted by Text Talk.
  • That being said, 44% of those surveyed said they expect to shop strictly on Amazon.

Target’s Circle Week concludes on Saturday, but leading up to the event, the company had already put a number of items on sale, including electronics, home goods, apparel, and toys.

From Oct. 9 through 12, Walmart will challenge Amazon with its Deals Holiday Kickoff, featuring discounts and markdowns. Like Amazon, Walmart’s Deals Holiday Kickoff is a sequel to its July Walmart+ Week.

Keep reading here.—KM

     

STORES

Eating away

Two boxes of Ozempic in a pharmacy Mario Tama/Getty Images

The sale of appetite-suppressing medications like Ozempic may be benefiting business at retail pharmacies, but it could also be eating away at food sales.

Walmart US CEO John Furner told Bloomberg this week the drugs are beginning to impact the retailer’s food sales, saying the company has been analyzing anonymous shopping data to identify changing buying habits among consumers who are and aren’t using them.

“We definitely do see a slight change compared to the total population, we do see a slight pullback in overall basket,” Furner said. “Just less units, slightly less calories.”

A Morgan Stanley report published last month estimated that 24 million people, representing 7% of the US population, will be taking these obesity drugs by 2035. Analyst Pamela Kaufman said that sales of high-fat, salty, and sweet foods and products could take the most notable hit; the firm anticipates a 3% drop in consumption. Alternatively, foods like protein shakes and bars could see a sales uptick.

Keep reading here.—EC

     

TOGETHER WITH BILL

BILL

Sip more, stress less. Know what doesn’t pair well with a seasonal latte? Endless invoices and approvals that demand your attention. Fortunately, BILL can help you approve, pay, and sync bill payments; send custom invoices; and get paid faster. Take a demo before Oct. 31 and get a $50 Starbucks gift card.

SWAPPING SKUS

Today’s top retail reads.

Does not register: Retailers like Costco, Walmart, and Kroger are finding that self-checkout is not the labor-saving panacea they’d hoped for. (Insider)

Space gotta see: Prada is helping design NASA’s new moon suit. (the Wall Street Journal)

Shoestring fries: Sampling the menu at the Skechers Food Spot. (Los Angeles Times)

Level up: If you’re building businesses and/or wealth, get insights and actionable advice from two women who’ve done both on BOSSY.

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.

Birkenstock, the shoe many consumers love (but many others don’t), filed to go public in September, enabling the linguistically tantalizing prospect of owning Birkenstock stock (Birken-stock?).

You tell us: Do you own a pair of Birkenstocks, and are you hoping to purchase stock in Birkenstock? Cast your vote here.

Circling back: Last week we noted that in the US alone, paper receipts use ~3.7 million trees and 10 billion gallons of water annually, according to a 2022 report by Green America, and a bill before the California legislature seeks to address the issue by requiring businesses to offer consumers the option of an electronic receipt before printing one.

We wondered how you respond when you’re asked if you want a paper receipt at checkout.

Turns out most of you aren’t leaving a paper trail, with 61.7% reporting that you say no, you don’t want a paper receipt, on most or all occasions. The remaining 38.3% of you said that you say, yes, you do want a receipt on most or all occasions.

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:
retailbrew.com/r/?kid=303a04a9

         
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

Older messages

☕ Labor lead

Monday, October 9, 2023

What the WGA contract means for AI. October 09, 2023 Tech Brew PRESENTED BY EnergyX It's Monday. Heads up! Today is the last day to sign up for our New Manager Bootcamp. In just one week, you'

☕ The outbreak of war

Monday, October 9, 2023

Why the Israel-Hamas war will reverberate... October 09, 2023 View Online | Sign Up | Shop 10% Off Morning Brew PRESENTED BY Masterworks Good morning. Today is Columbus Day and Indigenous Peoples Day,

☕ Hot air

Sunday, October 8, 2023

Why pandas are leaving American zoos... Presented by Boka October 08, 2023 | View Online | Sign Up | Shop 10% Off The pumpkin harvest in Cambridgeshire. Joe Giddens/PA Images via Getty Images

☕ In the Shadows

Saturday, October 7, 2023

Amazon advances in the space race... October 07, 2023 View Online | Sign Up | Shop 10% Off Morning Brew PRESENTED BY Yahoo Finance Good morning. It's the Saturday of a three-day weekend, a day of

☕ Came out swinging

Friday, October 6, 2023

Behind AllCity's strategy to challenge sports talk radio. October 06, 2023 Marketing Brew It's Friday. Football fans sick of the NFL's Taylor Swift references need to calm down, per the

You Might Also Like

GeekWire's Most-Read Stories of the Week

Sunday, November 17, 2024

Catch up on the top tech stories from this past week. Here are the headlines that people have been reading on GeekWire. ADVERTISEMENT GeekWire SPONSOR MESSAGE: Get your ticket for AWS re:Invent,

10 Things That Delighted Us Last Week: From Non-Hideous Sleeper Sofas to Zooey Deschanel’s Stain Wipes

Sunday, November 17, 2024

Plus an “emotionally stirring” gift for any Scorpio. The Strategist Logo Every product is independently selected by editors. If you buy something through our links, New York may earn an affiliate

LEVER WEEKLY: All Bets Are Off

Sunday, November 17, 2024

The presidential transition turmoil and more from The Lever this week. LEVER WEEKLY: All Bets Are Off By The Lever • 17 Nov 2024 View in browser View in browser This is Lever Weekly, a recap of our

Gifts for everyone on your list

Sunday, November 17, 2024

Including a charming duck lamp and a bespoke bobblehead View in browser Ad The Recommendation Ad The best gifts for everyone in your life 6 gift wrapped gifts. Michael Murtaugh/NYT Wirecutter Author

☕ Monkey business

Sunday, November 17, 2024

Why are there so many celebrity lookalike contests? Presented By Beam November 17, 2024 | View Online | Sign Up | Shop A man walks past autumn-colored foliage in Srinagar, Jammu and Kashmir, India.

Winter Storm Threatens, Ransom Baguettes, and a Very Expensive House

Sunday, November 17, 2024

A late November storm packing snow, high winds, and frigid temperatures is expected to develop out of the Rockies on Tuesday and Wednesday of Thanksgiving week, potentially complicating holiday travel

A huge win + huge discount

Saturday, November 16, 2024

We just scored a big win — and to keep the victories coming, we need your help. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Top Democrats just voted to let Trump unilaterally silence the resistance

Saturday, November 16, 2024

If this bill is signed into law, The Intercept and every nonprofit organization in America that dares to stand up to Trump will be in existential danger. A bipartisan majority in the House of

How Amazon is adapting to the TikTok generation

Saturday, November 16, 2024

What Elon Musk said privately about Microsoft's first offer to OpenAI ADVERTISEMENT GeekWire SPONSOR MESSAGE: Get your ticket for AWS re:Invent, happening Dec. 2–6 in Las Vegas: Register now for

Bitcoin Blazes Past $90,000 On Trump Euphoria | Meme Coin Mania

Saturday, November 16, 2024

The record-breaking surge signals the market's optimism about Trump's crypto promises. ADVERTISEMENT Forbes START INVESTING • Newsletters • MyForbes Nina Bambysheva Staff Writer, Forbes Money