Any American brand or individual seller can now register to sell on Temu. Previously, merchants had to have an invite code.

Analysis

Former Nike employees are ‘elated’ over new CEO Elliott Hill

September 20, 2024

A half-dozen former employees described Elliott Hill, Nike's soon-to-be CEO, as a widely-beloved company veteran. They hope Hill can help the sneaker giant get some of its swagger back.

‘Buyers are going to leave’: Poshmark sellers are irate about the new fee structure

October 07, 2024

Poshmark is cutting fees for sellers but increasing them for buyers. Five sellers told Modern Retail they think the policy is a mistake. They worry that buyers will abandon their carts due to the extra costs and that their own sales will suffer.

Other news to know

  • Despite price cuts and an early holiday sales event, Target posted its biggest earnings miss in two years and cut its full-year profit guidance.
  • Thailand’s luxury goods market is booming thanks to new and expanded shopping centers.
  • Shake Shack is serving cheeseburgers to first-class passengers on Delta flights beginning Dec. 1.
$25.67B
Target's third-quarter sales
Top Stories Nov 21

As the ‘MAHA’ agenda takes shape, some brands welcome ingredient restrictions

November 21, 2024

As part of his "MAHA" agenda, Robert Kennedy Jr. says he wants to take things like artificial food dyes and seed oils out of the American food system. Better-for-you brands say it would be a win.

How coffee liqueur Mr. Black rode the espresso martini wave

November 21, 2024

Tom Baker, co-founder and creative director of the coffee liqueur brand Mr. Black, spoke about the company's rise. It involved years of work alongside the rising popularity of the espresso martini.

Perplexity’s AI-powered shopping assistant takes aim at Amazon and Google Shopping

November 20, 2024

This holiday season, artificial intelligence startup Perplexity wants consumers to “shop like a pro” with its AI-powered shopping assistant. For $20 a month, Perplexity's Pro subscribers can purchase items directly within Perplexity's app or website. 

Almost a third of Walmart’s profit now comes from selling ads

November 19, 2024

Walmart's global advertising business saw year-over-year growth of 28% -- the most this fiscal year. Advertising has grown to become almost a third of Walmart's overall operating income of $6.7 billion, per its CFO.

Limited Series
The modern brand's guide to doing more with less

It’s a strange time to be operating a consumer brand. Shoppers are more selective about what they spend and brands are struggling with how to interpret signs of conflicting consumer behavior. While many brands were recentlyswimming in cash, VC funding has now dried up and high interest rates make vehicles like debt less palatable. In this series, Modern Retail looks at the scrappy ways companies are continuing to build their brands and wow shoppers in this strange new operating environment

Podcasts

Technology

Phone screen that displays a "TikTok" logo sits on a green and white background. Other icons pop up out of the phone, displaying products like lipstick and footwear.

TikTok is quietly testing product links in posts as it looks to boost its reputation for shopping

November 19, 2024

TikTok is letting some creators add product links from third-party affiliate networks, including Amazon, Walmart and Target, directly to their posts through a new integration. 

Why ThredUp is betting on social commerce to amplify its AI search tools

November 18, 2024

Secondhand apparel marketplace ThredUp is continuing to experiment with its business model – this time by ramping up its focus on one of the industry’s newest buzzwords: social commerce. 

How brands and retailers are optimizing their loyalty efforts

November 01, 2024

Loyalty is evolving. As consumers navigate economic challenges, they’re looking for both value and a personal touch. With this in mind, brands and retailers are revisiting their loyalty initiatives with the understanding that discounts alone aren’t enough for customer retention. The top loyalty programs prioritize understanding customer preferences, motivations and life cycles to deliver relevant, […]

Marketing

A mobile phone with a bunch of push notifications like "Shop our Black Friday sale!" and "Cyber Monday sale extended!"

DTC Briefing: How startups are factoring profit into their Black Friday calculus

November 19, 2024

Steep discounts still abound as Black Friday sales kick-off, but many startup founders say they are playing the sales period more conservatively this year.

To market itself as more human, Stitch Fix introduces stylist profiles

November 19, 2024

Stitch Fix wants its clients to get to know its stylists better, which the company is doing today with the launch of profiles.

Ariat, Tecovas and Filson are seeing the ‘Yellowstone’ boost after premiere

November 18, 2024

Western brands like Ariat, Tecovas, and Filson gain popularity from ads and product placement on “Yellowstone.”

Operations

Why luggage brand Calpak is opening its first store

November 19, 2024

Thirty-five years after its founding in 1989, the luggage brand Calpak is getting its first permanent storefront in Los Angeles. The brand spoke with Modern Retail about its brick-and-mortar ambitions over the next five years and the value of in-person shopping.

Grocery shelf with pasta, tomatoes and sauce bottles with a "buy one get one free" tag

The Kroger & Albertsons merger is still up in the air with a new FTC likely looming

November 14, 2024

It’s so far unclear whether grocery giant Kroger will complete its merger with Albertsons before the Trump administration takes hold of the Federal Trade Commission. The election wouldn’t affect the FTC’s ruling itself. But if Kroger loses, an appeal could take place after the Trump administration takes office.

a graphic image with lots of color showing two storefronts with stairs leading up to each. representing department stores closing the gap between CX (customer experience) and inventory mix.

How department stores are closing the gap between CX and inventory mix

November 18, 2024

With department store sales essentially flat in recent years, retailers have gotten endlessly creative when approaching sparking customer growth.  Despite the decline and closure of several department stores, retail foot traffic overall is on an upward trend. Brands are jumping on this increase in traffic by pivoting and opening hundreds of smaller-format, hyperlocal locations, such […]