Morning Brew - ☕ Get up and grow

Expanding brick and mortar while engaging customers online.
November 09, 2023

Retail Brew

PayPal

Good afternoon, everyone. Many believed the day would never come, but after more than a decade, the next Grand Theft Auto game…is getting a trailer next month. For the uninitiated, GTA VI could be one of the biggest mass purchasing events of next year, considering its predecessor has sold more than 185 million copies. It’s just like the Eras Tour, but for gamers.

In today’s edition:

—Jeena Sharma, Erin Cabrey, Alex Vuocolo

STORES

All over the place

Oak and Fort campaign Oak and Fort

Since its inception in 2010, Oak + Fort, the Vancouver-based modern lifestyle brand has relied on word of mouth and savvy social media marketing. Its main selling point that has helped the company survive at a time when many other fast fashion retailers are struggling has been pushing its “attainable luxury.”

Now as the brand has grown to several physical locations in North America, it continues to find ways to keep up with the competition while trying to engage its Gen Z and millennial consumers across a range of marketing and social media platforms.

“As we’re expanding our brick and mortar—which is such a great avenue for us to utilize our stores as just marketing efforts—we’re also looking at a full funnel marketing approach which really consumes a mix of owned, earned, and paid strategies,” Melorin Pouladian, Oak + Fort’s SVP of operations, told Retail Brew, adding that word of mouth has been a pretty savvy strategy for the brand so far. Social media has been another winner for the brand.

Keep reading here.—JS

     

PRESENTED BY PAYPAL

Peep this payments platform

PayPal

If you’re a fan of simplifying, streamlining, and de-stressing, we think you’ll like this one.

PayPal Braintree is the payments platform that does way more than process payments. And right now, they’re offering solar-powered phone chargers to the first 240 people who take a meeting with a payments expert.

Want some more deets before you book? PayPal Braintree can help you:

  • increase revenue, streamline ops, and manage security
  • create data-driven, seamless customer experiences to grow your business across channels with a single, extensible vault
  • cut down on operating costs + help your biz stay agile by simplifying your commerce ecosystem

Schedule your meeting today to get your solar-powered phone charger.

GROCERY

The right stuff(ing)

Thanksgiving meal represented as a parade float Francis Scialabba

This Thanksgiving, consumers will continue to fill their shopping baskets with standard feast fare like turkey and pies, but as prices remain elevated, they’re keeping an eye out for deals.

Whether they’re making it all homemade or buying heat-and-eat, 90% of Thanksgiving meals are purchased from retail and made at home, according to data from consumer research company Circana’s Thanksgiving Tracker. The holiday is “the second-largest food holiday of the year” behind Christmas, and last year, shoppers spent $2.8 billion more on food for Thanksgiving dinner than during an average week, per Circana.

  • According to consumer insights company Numerator’s Holiday Preview, US shoppers will spend between $100 and $200 on Thanksgiving. Three-quarters will shop at grocery stores, 37% at mass retailers, and 29% at club or wholesale stores.

Keep reading here.—EC

     

DTC

Bits to bricks

FIGS' Community Hub storefront at the Century City Mall in Los Angeles. Figs

Figs, the DTC apparel brand for healthcare professionals, last week opened its first brick-and-mortar location at the Century City Mall in Los Angeles, on the heels of a strong third quarter for the company.

It joins a growing number of DTC brands that are expanding their physical footprint, and while some are relying more on wholesale partners to get this done, others are opening their own retail outlets.

Keep reading here.—AV

     

TOGETHER WITH NEWSTORE

NewStore

Concise advice. Gather ’round the e-book campfire—it’s time for stories from retail changemakers. NewStore gathered all the advice shared on their Endless Aisle podcast and consolidated it into 11 practical lessons about achieving success in omnichannel transformation. It’s got guidance, inspo, and a great aesthetic. Get your copy.

SWAPPING SKUS

Today’s top retail reads.

Pay the piper: Garment workers overseas who manufacture a large portion of apparel sold domestically want higher pay, which means consumers, brands, or both are going to have to pay up. (the Wall Street Journal)

Time to Shein: As apparel giant Shein prepares for its IPO, the company’s strong ties to China could complicate its plans to grow in the United States. (The Financial Times)

Out of pocket: Credit card debt in the United States has reached a record high as pandemic-era savings have dwindled over the past few years, and the effects could be significant. (ABC News)

Pay here: With PayPal Braintree, you can increase revenue, streamline ops, and manage security, all from one omnichannel payments platform. Oh, and snag a solar-powered charger when you take a meeting today.*

*A message from our sponsor.

JOBS

Are you an exec looking to make your next career move or join a board of directors? We’ve partnered with ExecThread, where you can find thousands of confidential job opportunities and board roles that aren’t listed anywhere else. Check out positions like:

NUMBERS GAME

The numbers you need to know.

We understand that you don’t read Retail Brew for politics, but as we’ve learned over the past few years, brands and their political messaging have come under intense scrutiny.

Corporate activism has been front and center, given that about 1 in 5 consumers have boycotted a brand, according to a Morning Consult survey data collected between August 2019 and October 2023.

  • A majority of respondents (61%) said in 2019 that corporations should not get involved with political or cultural issues. That figure has declined slightly to 53% as of 2020 and has held at that same percentage in 2023.
  • The real divide brands should take note of, per Morning Consult, lies in the generational divide: 67% of boomers believe brands should remain apolitical, a figure that’s only 39% for Gen Zers and millennials as of 2023.

“CEOs and other corporate leaders are going to have to weigh the risks involved with succumbing to that pressure with the increasing probability of blowback from the other side of America’s generational and ideological divide,” Morning Consult noted.

Among all US adults, the most important issues consumers believe brands should take a stand on include support for the police, diversity in the workforce, the environment/climate change, and gender equality/women’s rights.

  • Gen Z adults, specifically, are more likely than the public, by double digits, to want brands to take stances on issues of race and racism in America, LGBTQ+ rights, access to abortion/contraception, and gun control.

“Corporate brands that want to be active on political, societal, and cultural issues should know that many public positions are likely to turn off a portion of the American public,” Morning Consult said.

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

✢ A Note From PayPal

First 240 attendees, US 18+. Ends 11:59pm ET on 1/1/2024 while supplies last. Full offer terms apply.

         
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

☕ No can do

Thursday, November 9, 2023

Meta's AI restrictions on political ads. November 09, 2023 Marketing Brew TOGETHER WITH Apple Business Connect Happy Thursday, especially to SAG-AFTRA, which reached a tentative agreement with

☕ Lighter than air

Thursday, November 9, 2023

A new kind of aircraft is ready to fly... November 09, 2023 View Online | Sign Up | Shop 10% Off Morning Brew PRESENTED BY Autonomix Good morning. WeWork filing for bankruptcy this week showed us what

☕ Best footprint forward

Wednesday, November 8, 2023

Big box retailers experiment with store formats. November 08, 2023 Retail Brew PRESENTED BY Stamped It's Wednesday. Keeping track of financials is critical to success in retail, and it doesn't

☕ Looks like new

Wednesday, November 8, 2023

The year's best—and worst—rebrands. November 08, 2023 Marketing Brew PRESENTED BY SurveyMonkey It's Wednesday. Name a more powerful icon than the “I voted” sticker. We'll wait. In

☕ Your prescription is hovering

Wednesday, November 8, 2023

Medicine takes to the skies with Cleveland Clinic's new drones. November 08, 2023 Tech Brew PRESENTED BY Autonomix It's Wednesday, and about one year from today, Americans will have voted for

You Might Also Like

The Resistance Is Dead. Long Live the Resistance?

Friday, November 15, 2024

Columns and commentary on news, politics, business, and technology from the Intelligencer team. Intelligencer the body politic The Resistance Is Dead. Long Live the Resistance? The women who set out to

What A Day: Aloha, Vladimir!

Friday, November 15, 2024

It's "comically outrageous" that Tulsi Gabbard could be America's next spy chief, a former CIA-officer-turned-lawmaker said. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Why Spotify is struggling to copy YouTube's playbook

Friday, November 15, 2024

PLUS: Google's search update is hitting independent publishers especially hard. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Friday Sales: Winter Puffers and Stocking Stuffers

Friday, November 15, 2024

Including my Black Friday cheat sheet. The Strategist Every product is independently selected by editors. If you buy something through our links, New York may earn an affiliate commission. November 15,

Choo choo

Friday, November 15, 2024

A great game for the whole family. Plus more picks just for fun View in browser Ad The Recommendation Ad “My family can never agree on a movie. But we can always agree on this board game.” Two photos,

Going Nuclear

Friday, November 15, 2024

Yes Nukes, RFK Not OK, Feel Good Friday ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

The Populist Paradox Of Matt Gaetz

Friday, November 15, 2024

Monopoly expert Matt Stoller unpacks the surprising antitrust record of Trump's controversial attorney general pick, exclusively for paid supporters. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

AI Grannies Assemble, 2024 Hero Dog Award, and Vintage Casserole Recipes

Friday, November 15, 2024

A British internet provider has unleashed Daisy, an AI-powered “granny” whose sole mission is to keep scammers tangled in endless conversation so they have less time to target real victims. ͏ ‌ ͏ ‌ ͏ ‌

Coolest EVs at the Seattle Auto Show | Zillow names new COO

Friday, November 15, 2024

Microsoft's startup story | Amazon takes on Hims & Hers ADVERTISEMENT GeekWire SPONSOR MESSAGE: Get your ticket for AWS re:Invent, happening Dec. 2–6 in Las Vegas: Register now for AWS re:

☕ Weed the people

Friday, November 15, 2024

Retail cannabis regroups after election. November 15, 2024 Retail Brew It's Friday, and the latest monthly retail sales dropped this morning. The report shows a better-than-expected 0.4% increase