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News

Modern Retail
modernretail.co > operations > meta-lab-known-for-ai-glasses-is-nearly-doubling-its-retail-store-footprint

Meta Lab, known for AI glasses, is nearly doubling its retail store footprint

4+ hour, 44+ min ago   (546+ words) This fall, even more customers will get to experience Meta’s AI glasses in person. That’s because Meta Lab plans to open six new standalone stores in the next several months, beginning with Houston, which opened on Sept. 10. The other stores…...

Modern Retail
modernretail.co > marketing > walgreens-says-its-focused-on-higher-peforming-ad-placements-as-it-tries-again-with-digital-screens

Walgreens says it's focused on 'higher-performing' ad placements as it tries again with digital screens

3+ day, 4+ hour ago   (461+ words) Walgreens wants to make digital in-store ad placements a bigger part of its retail media business. Looma has a network of more than 7,000 screens across 10 banners, reaching 13 million unique shoppers per month at retailers including Kroger, H-E-B, Harris Teeter and…...

Modern Retail
modernretail.co > operations > reformation-says-active-customers-grew-23-in-first-public-earnings-report

Reformation says active customers grew 23% in first public earnings report

3+ day, 4+ hour ago   (478+ words) “We have now delivered 21 consecutive quarters of double-digit revenue growth,” Reformation CEO Hali Bornstein said during the earnings call. Net revenue during the second quarter grew 24% compared to the prior year, hitting $155.2 million. Net income was $12.4 million. What’s more, active…...

Modern Retail
modernretail.co > sponsored > seasonal-marketing-early-media-allocation

Why seasonal success depends on early media allocation

3+ day, 12+ hour ago   (752+ words) Justin Jefferson, vp of strategy and insights, Keen Decision Systems Every year, marketers know when to expect the same tentpole events. Back-to-school buying occurs around August and September, while holiday shopping primarily happens in November and December. Despite being one…...

Modern Retail
modernretail.co > technology > instacart-launches-custom-ai-assistants-for-retailers-and-its-own

Instacart launches custom AI assistants for retailers, and its own

4+ day, 19+ hour ago   (587+ words) “We’re not sharing the same level of data with OpenAI as we would with the shopping assistant embedded on our platform,” Hamburger said. “Obviously, we want to make sure that data remains a competitive advantage for us and for our…...

Modern Retail
modernretail.co > operations > hulken-races-to-build-up-inventory-ahead-of-holiday-season-sales-spike

Hulken races to build up inventory ahead of holiday season sales spike

6+ day, 4+ hour ago   (770+ words) Between rapid retail growth, an expanded assortment and being labeled Vogue’s “summer’s hottest it bag,” the viral rolling tote bag company Hulken is preparing for what is likely to be its busiest holiday season yet. Hulken grew to a $100 million…...

Modern Retail
modernretail.co > retailers > why-brands-are-prepping-new-return-policies-for-q4

Why brands are prepping new return policies for Q4

6+ day, 17+ hour ago   (685+ words) The surge in e-commerce and retail spending in the fourth quarter is typically followed by a surge in returns. But for many brands, it’s prime time to change up their typical return policies. A joint survey by Happy Returns and…...

Modern Retail
modernretail.co > marketing > quinces-first-ever-sample-sale-sold-out-6-hours-early

Quince's first-ever sample sale sold out 6 hours early

1+ week, 5+ day ago   (673+ words) A four-block line. A two-and-a-half hour wait time. And hundreds of towels, candles and cashmere sweaters. These were the key elements of Quince’s first-ever sample sale, held Aug. 14-15 in its hometown of San Francisco. Quince, which officially launched in 2020, is…...

Modern Retail
modernretail.co > marketing > ace-hardware-adds-influencer-doordash-and-weather-features-as-it-builds-out-a-retail-media-strategy

Ace Hardware adds influencer, DoorDash and weather features as it builds out a retail media strategy

1+ week, 5+ day ago   (643+ words) Almost one year into its existence, Ace Hardware’s retail media network, RedVest Media, just announced a slate of new features for advertisers as part of an upfront event last week. RedVest Media launched last October and is now working to…...

Modern Retail
modernretail.co > operations > brands-briefing-fjallraven-is-going-beyond-kanken-backpacks-as-it-builds-stores-in-north-america

Brands Briefing: Fjällräven is going beyond Kånken backpacks as it builds stores in North America

1+ week, 5+ day ago   (299+ words) This is the latest installment of the Brands Briefing, a weekly Modern Retail+ column about the growth strategies of modern brands. More from the series → Fjällräven is bringing its curled-up fox logo to more stores across North America. “We’re going…...