On Q2 net sales +13.5% Press release

 

Vintage Fashion Is Changing the Economics of Desirability at Bloomberg. “Unlike the primary market, where brands largely set the prices, the secondary market is closer to a continuously operating auction that results in free-market price discovery — basically, a stock market for clothes…In the preowned market, says Gaya Guiragossian, style director at Vestiaire Collective, “value is determined over time. It reflects what remains desirable once the hype has faded.” Bloomberg subs.

 

CNBC/NRF Retail Monitor Shows 10th Month of Sales Growth; July total retail sales up 5.15% YOY Press release

 

Tractor Supply Retrenches as It Looks for a Rebound at WSJ. “Tractor Supply is lowering prices, scaling back expansion and cutting its financial targets as customers tighten their budgets…Pet populations are declining and may stay that way while at the same time the space is seeing more competition.” WSJ subs.

 

Eli Lilly takes weight-loss pill battle global with first Foundayo approval outside U.S. at CNBC. “Eli Lilly’s Foundayo won U.K. approval, becoming Europe’s second GLP-1 weight-loss pill and its first approval outside the U.S.” Read more

 

Dollar Tree chooses Tombras as its first creative agency of record Ad Age subs.

 

**A message from Su Salsa – Squeeze More Flavor Into Your Salsa Shelf. Meet Su Salsa Mild: a hint of lime, cilantro, and a jalapeño kick on the back end. It’s the vibrant, fresh-tasting upgrade your salsa lineup is missing—packaged in a high-contrast Lime Green Label that commands attention on-shelf. Info | Sample: info@eyeonretail.net

 

Is Albertsons looking to change course at CEO? at Supermarket News. “An industry source said they would not be surprised if Morris is let go based on poor quarterly numbers and Albertsons’ stock price, which has dipped lately. The source said they would be less surprised to see the grocer begin to sell divisions.” Read more

 

Shein plans to launch Hong Kong IPO as soon as August 19, sources say Reuters subs.

 

Amazon Is in the Crosshairs of Mamdani’s Worker Agenda at Bloomberg. “A New York City proposal backed by Mayor Zohran Mamdani calls for Amazon.com Inc. to hire thousands of contract couriers, threatening the company’s low-cost delivery model and offering a template for cities and states across the US to tighten regulations on the nation’s second-largest private employer.” Bloomberg subs.

 

Kellogg says it’s removing artificial dyes from cereals by the end of this year at AP. “The change comes a year ahead of schedule. Kellogg said last August that it would remove synthetic dyes from its cereals by the end of 2027.” Read more

 

**Put your brand in front of retail’s biggest decision-makers. Contact us at info@eyeonretail.net to get started.