Morning Brew - ☕ The art of gifting

Museum stores and holiday shopping.
November 28, 2023

Retail Brew

GS1

It’s Tuesday, and the Black Friday sales events are behind us. Shoppers finished strong with a record $12.4 billion in spending on Cyber Monday, according to Adobe Analytics. Now retailers just need to get through the rest of the holiday season, which some are predicting could be a tough one.

In today’s edition:

—Andrew Adam Newman, Alex Vuocolo, Erin Cabrey

MARKETING

The deal of the art

A woman browses colorful scarves in a museum store. Museum Store Association

Blasphemous as it may be to mention around here, not everyone loves holiday shopping, but here’s hoping it doesn’t get so bad that anyone is tempted to start drinking jet fuel. Unless, of course, they’re at Seattle’s Museum of Flight, where “jet fuel” is the house brew, and was served gratis in its store as part of its Museum Store Sunday festivities on November 26.

Along with coffee, the museum store offered members 20% off purchases, and, for non-members, 20% off memberships.

Museum Store Sunday was launched in 2017 by the Museum Store Association, a nonprofit that supports retail stores at nonprofit cultural institutions. This year, more than 2,100 museum stores participated (from all 50 states in the US and 25 countries), up from 670 that first year.

This year’s results aren’t tallied yet, but 2022 was a banner year for Museum Store Sunday:

  • Stores increased net sales by 39% YoY.
  • Store transactions increased 43% YoY.

Keep reading here.—AAN

     

PRESENTED BY GS1

Slay the supply chain

GS1

How do you build a successful supply chain beyond direct-to-consumer? One word: barcodes. These little wonders make your products easily identifiable and help them move *efficiently* through the supply chain.

And GS1 US® is your go-to source for trusted barcodes. They’ve developed standards and best practices for efficient supply chains that help members grow beyond their DTC stage. GS1 can help you:

  • meet online marketplace and retailer requirements
  • keep consumers happy by meeting their demands
  • share info about your products in a dependable, consistent way

And if you’ve got your eyes on the future, you’re in good company with GS1. They can help you open up a world of sales opportunities, manage your products, and power your growth.

Slay your day with a new barcode.

E-COMMERCE

Talking turkey

Black Friday Anadolu/Getty Images

The preference for online shopping on Black Friday is becoming the “new normal,” Deloitte Retail Research Leader Lupine Skelly told Retail Brew.

“It used to be really heavily in-store,” she said. “You kind of had to show up to get those doorbuster deals, and now it really has morphed into an omnichannel event.”

Early data from Adobe Analytics backs this up: Online spending on Black Friday jumped 7.5% year over year to $9.8 billion. This momentum carried over into the rest of the holiday weekend, with online sales rising 7.7% YoY.

Those gains reflected behind-the-scenes effort, Adobe noted; companies had stepped up their game ahead of the sales weekend.

“An uncertain demand environment pushed retailers to deliver big discounts this season, while also fortifying their e-commerce services with flexible payment methods, better personalization, and enhanced mobile functionality,” Vivek Pandya, lead analyst for Adobe Digital Insights, said in a statement.

Keep reading here.—AV

     

OPERATIONS

Eating away

Food bank donation Solstock/Getty Images

Inflated grocery prices might be impacting food bank donations this holiday season, a survey by retail food-waste reduction company Divert found.

Demand at food banks often rises during the holiday season, and 46% of the 700+ consumers Divert surveyed in October said they’re more likely to contribute to food banks during this time than any other during the year. But only 25% said they’re more likely to donate in 2023 than in previous years, and 20% said they’re less likely, at a time when food banks’ budgets are pressured under the weight of inflation.

For those who do plan to donate to local food banks and intend to donate a different amount than last year, 20% said they’ll give less. Of those, 57% cited higher food costs as the reason. And for those choosing to donate more, 75% said it’s due to a “growing awareness of food insecurity.”

Keep reading here.—EC

     

TOGETHER WITH WALMART BUSINESS

Walmart Business

Conquer cold season. Winter brings sniffles, sneezes, and other immune-system challengers. That’s why you need Walmart Business—the Walmart you love, now for your biz. They’ve got tons of OTC medication, first-aid tools, and home healthcare options that’ll help your team stay ahead of winter’s grasp. Gear up.

SWAPPING SKUS

Today’s top retail reads.

Amazon delivers: The e-commerce giant is now the biggest delivery business in the US, surpassing both UPS and FedEx. (the Wall Street Journal)

Millennial marketing: The Children’s Place is tapping celebrities such as Snoop Dogg and Mariah Carey to pitch its brand to millennial parents. (Digiday)

We’re back, Baby: After breaking away from Bed Bath & Beyond during its bankruptcy process, Buybuy Baby is opening stores again under new ownership. (USA Today)

Barcodes mean business: If you’re looking to build a successful supply chain beyond direct-to-consumer, you need a barcode. GS1 US® provides barcodes that meet industry standards + help you uniquely identify your products.*

*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. Join ExecThread for free.

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 // 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

☕ Feedback saturation point

Tuesday, November 28, 2023

Plus, if you're going to give an ultimatum, here's how to stick the landing… November 28, 2023 View Online | Sign Up | Shop Raise Good morning. Last week, we got a lot of positive feedback

☕ Rush to retire

Tuesday, November 28, 2023

What a rapper's trial has to do with Donald Trump... November 28, 2023 View Online | Sign Up | Shop Morning Brew PRESENTED BY EnergyX Good morning. Yesterday, Merriam-Webster released its 2023 Word

☕ If you build it

Monday, November 27, 2023

How Olympian Angela Ruggiero uses data to support women's sports. November 27, 2023 Marketing Brew PRESENTED BY Impact.com It's Monday, and the tear-jerking marketing rush ahead of the holidays

☕ Technical difficulties

Monday, November 27, 2023

Best Buy and the continuing electronics slump. November 27, 2023 Retail Brew PRESENTED BY Rokt You know what today is, so let us return to 2005, when the New York Times introduced readers to “the

☕ Give me shelter

Monday, November 27, 2023

New phone privacy rules could aid domestic violence survivors. November 27, 2023 Tech Brew PRESENTED BY Bose It's Monday. Welcome to the hazy period between Thanksgiving and New Year's.

You Might Also Like

Smartsheet agrees to $8.4B private equity deal | Microsoft reveals new citation feature for AI responses

Tuesday, September 24, 2024

Paul Allen's foundation gives $9M to boost downtown Seattle | Top ideas at AI Tinkerers' hackathon ADVERTISEMENT GeekWire SPONSOR MESSAGE: Get your ticket for AWS re:Invent, happening Dec. 2–6

☕ Disruption ahead

Tuesday, September 24, 2024

Ad buyers estimate major losses from Meta ad platform bugs. September 24, 2024 Marketing Brew It's Tuesday. California sued ExxonMobil this week, alleging that the company falsely advertised all

Special webinar on extreme weather and rising home insurance

Tuesday, September 24, 2024

The Conversation's authors have some news for you ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

☕ Case closed

Tuesday, September 24, 2024

Locked display cases' effect on sales. September 24, 2024 Retail Brew Presented By Yotpo It's Tuesday, and the last full-size Kmart store in the mainland US is set to close next month on Long

The SAVE Act and government funding.

Tuesday, September 24, 2024

A stopgap funding bill looks poised to pass (without any new voting laws). The SAVE Act and government funding. A stopgap funding bill looks poised to pass (without any new voting laws). By Isaac Saul

We owe you an explanation

Tuesday, September 24, 2024

The reader donations that come from these fundraising campaigns are a key part of what makes everything else we do possible. Since The Intercept launched 10 years ago, we've won awards, broken

Impatient Demon

Tuesday, September 24, 2024

Want more, you impatient demon? Impatient Demon By Kaamya Sharma • 24 Sept 2024 View in browser View in browser Are We Too Impatient To Be Intelligent? Rory Sutherland | Behavioral Scientist | 17th

Smartsheet to go private in $8.4 billion deal

Tuesday, September 24, 2024

Breaking News from GeekWire GeekWire.com | View in browser BREAKING NEWS Smartsheet has agreed to be acquired by private equity firms Blackstone and Vista Equity Partners in a deal valued at $8.4

⚡️ A Major Physics Breakthrough

Tuesday, September 24, 2024

Plus: DC just cast its new Green Lantern — but there's a catch. Inverse Daily Most people who aren't particle physicists have probably never heard of a kaon, but this tiny subatomic particle

Home insurance rates are up more than 34% nationwide

Tuesday, September 24, 2024

+ a brief history of former presidents running for reelection ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌