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PODCAST

The Modern Retail Podcast

The Modern Retail Podcast is a podcast about all the ways the retail industry is changing and modernizing. Every Saturday, senior reporters Gabi Barkho and Melissa Daniels break down the latest retail headlines and interview executives about what it takes to keep up in today’s retail landscape, diving deep into growth strategies, brand autopsies, economic changes and more

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All Episodes

32:10

Movado Brand president Margot Grinberg on...

The Modern Retail Podcast ·

2024/05/09

"Everyone said that millennials were never going to buy watches," said Margot Grinberg, president of the Movado Brand and svp of e-commerce at its parent company Movado Group. The going theory was: "They don't need them to tell time, they had a phone; watches were dead after the cell phone came out." But that didn't happen. In fact, timepieces have never been more popular. According to a recent survey from the Boston Consulting Group, between 2021 and 2023, 54% of Gen Z and younger millennials

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27:04

Rundown: Starbucks stores struggle, Walmart launches...

The Modern Retail Podcast ·

2024/05/04

On this week's Modern Retail Rundown: The show kicks off with a recap of Starbucks' latest earnings. The coffee shop chain cited bad weather, out-of-stock products and long wait times on app purchases as factors for a slight sales decline. Meanwhile, this week Walmart rolled out a new in-house brand called Bettergoods which features products like plant-based cheese, pistachio nut butter and trendy condiments. Meanwhile, arcade games destination Dave & Buster's said it's launching an in-app

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38:18

Former Peloton CEO John Foley on why he launched his...

The Modern Retail Podcast ·

2024/05/02

John Foley may be best known as the founder and former CEO of Peloton, but it turns out interior design is his real passion."I've been passionate about rugs for decades," he said on the Modern Retail Podcast. "I love design, I love spaces." This was all said to explain why he launched a rug company. Ernesta is a direct-to-consumer brand selling higher-end rugs. It launched in September of last year and just opened its first showroom in Manhattan last month. "Now I'm addicted to you know those super

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30:30

Rundown: TikTok's impending U.S. ban, Saks goes into...

The Modern Retail Podcast ·

2024/04/27

On this week's Modern Retail Rundown: President Biden signed a bill that requires TikTok to either sell itself or face a U.S. ban. Next, the team discusses Saks' newly announced retail media network — and why it's a growing trend among retailers. Lastly, we dive into a new Amazon grocery subscription service that caters to low-income families.

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22:20

Prose CEO Arnaud Plas on growing a company with...

The Modern Retail Podcast ·

2024/04/25

Every brand talks about paths to profitability, but few actually reach it.Customizable beauty brand Prose is one company that has bucked the trend and reached meaningful profitability. The company has made nearly $500 million since launching in 2018 and estimates it will bring in $160 million this year. What's more, this year the company is on track to be profitable, after hitting profitability last May as well for the entire third quarter of 2023. At the Modern Retail Commerce Summit, held last

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3:25

Digiday Media Presents: The Return Season Three

The Modern Retail Podcast ·

2024/04/21

Digiday Media's WorkLife is proud to present season three of The Return, a podcast about the modern workforce, with this season focused on middle management. Last season, we heard what it’s like for Gen Z to enter the workforce for the first time in a post-pandemic world. We highlighted themes like why values are so important to Gen Zers, whether or not they are loyal to their employers, how they use TikTok for career advice, what it means to be a young professional who is a boss to older workers,

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28:06

Rundown: Peloton takes away free app workouts, adults...

The Modern Retail Podcast ·

2024/04/20

This week on the Modern Retail Rundown: After less than a year of relaunching its virtual workout app, Peloton quietly got rid of the free membership tier because it wasn't converting users into paying customers. Meanwhile, Lego's adult customer base continues to grow as adults buy up its newer intricate and more expensive sets. Finally, after doing away with its Just Walk Out technology at its own grocery stores, Amazon plans to sell it to other retailers.

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37:23

Violife's chief growth officer on making plant-based...

The Modern Retail Podcast ·

2024/04/18

Violife is trying to become the Oatly of plant-based cheese.The brand, which launched in 2013, is part of the Greek plant-based food company Arivia. But it didn't hit U.S. shelves until 2015. Since then, Violife has taken off. It is now the number one plant-based cheese in the world -- and it continues to roll out new products to continue its growth streak. According to Violife's global president and chief growth officer Olga Osminkina-Jones, the current strategy is to make plant-based cheese into

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31:15

Rundown: Gatorade expands healthy options, retail...

The Modern Retail Podcast ·

2024/04/13

On this week’s Modern Retail Rundown: PepsiCo-owned Gatorade is adding more hydration SKUs that resemble Liquid I.V. and Prime. Meanwhile, department store retailers face yet another hurdle: A new law that limits payment late fees can hurt credit card revenue for retailers like Macy's and Kohl's. Lastly, Bark just announced Bark Air, a new airline program that offers pets and their owners a more comfortable flying experience.

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34:27

CEO Susan Kim on how Kopari was at the forefront of...

The Modern Retail Podcast ·

2024/04/11

Every beauty startup these days describes itself as a clean beauty brand, but skin-care brand Kopari was ahead of the curve."It's definitely table stakes now," said CEO Susan Kim. But, it wasn't always that way. "The way I think about clean is that back in 2015, it was a differentiator," Kim said. And that's what helped Kopari -- which makes products including cleansers, moisturizers, sunscreen and deodorant -- grow into the profitable brand it is today, with revenue growing 45% in 2023. Kim joined

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33:05

Rundown: Beauty sales slow down, retailers late on...

The Modern Retail Podcast ·

2024/04/06

On this week's Modern Retail Rundown: Ulta's latest performance shows that beauty sales may finally be decelerating. Retailers like Express, Peloton and Saks have reportedly been late on paying their vendors -- indicating cash flow issues. Finally, there was drama in the food startup space as Momofuku gets litigious with competitors.

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34:25

'It's really about quality over quantity': Pattern...

The Modern Retail Podcast ·

2024/04/04

It's been a tough few years for roll-up companies, but Pattern Brands seems to have bucked the trend. The company -- which began as design agency Gin Lane and evolved into a portfolio of DTC brands including Open Spaces, Onsen and Gir -- raised a $25 million Series B in 2022 -- and has been slowly building out its portfolio ever since. While other roll-up players like Thrasio and Win Brands Group have faced major headwinds, Pattern has continued chugging along. Its co-founder and chief business

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25:14

Rundown: H&M inches makes profitability progress,...

The Modern Retail Podcast ·

2024/03/30

This week: H&M inches toward profitability under its new CEO, with the company planning to focus on cost-cutting and competing for price-conscious fast-fashion customers. Next, we also look at a Bloomberg story analyzing why being picked as Wirecutter's top wok ended up overwhelming the small shop that carries the product. Lastly, Dollar Tree announced plans to raise prices on select items to lure its growing high-income customer base.

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31:42

How Sunday is trying to shake up the yard and garden...

The Modern Retail Podcast ·

2024/03/28

Sunday wants to be the DTC brand that powers everyone's backyard.The company first launched in 2019 with lawn care products, but has since expanded to pest control and garden products. While it's available in major retailers like Costco, Walmart, Lowe's and Target, Sunday's business is still 75% direct-to-consumer. "To be the outdoor home platform that we want to be, we really need to be able to be across these categories," founder and CEO Coulter Lewis said on the Modern Retail Podcast. He joined

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29:24

Rundown: Nordstrom may go private, Unilever spins off...

The Modern Retail Podcast ·

2024/03/23

This week’s Modern Retail Rundown includes a check-in on Nordstrom, with news of the founding family allegedly looking to take the department store private. We also delve into Unilever's ice cream division -- which includes the Ben & Jerry's and Magnum brands -- which may be spun off into a separate company. Lastly, we discuss reports of Shein pivoting into supply chain services.

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43:04

Ridge CEO Sean Frank on trying to build a $1B...

The Modern Retail Podcast ·

2024/03/21

Accessory brand Ridge, best known for its wallets, is getting closer and closer to a $1 billion exit.CEO Sean Frank has been saying this for years but thinks the option may come sooner rather than later. "If I want to sell for $1 billion, you need $100 million in adjusted EBITA, or we need roughly $50 million in net income," he said. "I think next year, we'll probably get to $50 million in net income." Frank joined the Modern Retail Podcast and spoke about the company's growth as well as the state

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27:50

Rundown: The Body Shop shuts down U.S. business,...

The Modern Retail Podcast ·

2024/03/16

This week on the Modern Retail Rundown: The Body Shop filed for bankruptcy and announced it's closing down all U.S. operations. In a surprise move, Outdoor Voices is also closing all its stores -- with plans to remain an online-only DTC brand. This week also saw a number of C-suite shakeups across apparel and footwear, including Allbirds and Under Armour announcing new CEOs.

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30:58

Rocco co-founder Alyse Borkan on making mini-fridges...

The Modern Retail Podcast ·

2024/03/14

Rocco is a DTC mini-fridge company that wants to make people care about the big hunks of steel electronics they have in their homes."Appliance brands don't actually have a brand," said Alyse Borkan, co-founder of Rocco. "I really saw an opportunity to do things differently than [what] the rest of the category was doing." Borkan joined this week's Modern Retail Podcast and spoke about her new brand and how she's hoping to compete with the big players like Frigidaire. Rocco launched last November

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28:38

Rundown: Harry's reported IPO, Ashley acquires DTC...

The Modern Retail Podcast ·

2024/03/09

This week's Modern Retail Rundown show kicks off with a breakdown of Harry's long road to IPO, with the company reportedly filing to go public years after previous acquisition plans fell through. Meanwhile, furniture retailer Ashley announced it's acquiring Resident Home, a mattress group whose brands include DTC companies Nectar, DreamCloud, Awara and Siena. Abercrombie & Fitch, on the other hand, is projected to bring in $5 billion in annual revenue by growing its young customer base

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31:24

Époque Evolution co-founder Nancy Taylor on why she...

The Modern Retail Podcast ·

2024/03/07

Sustainability has become such a big buzzword in retail, but Époque Evolution co-founder Nancy Taylor thinks there's a better word for the work that needs to be done."I was truly passionate about trying to do things in the responsible way," she said. "So we took the word sustainable out of it and we used the word responsible." That word has guided the Époque Evolution business since it launched in 2018 as a direct-to-consumer fashion brand. Her company was acquired by the Montreal-based Lolë, best

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513 results

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