From a Morning Consult survey:
To read full report: https://morningconsult.com/wp-content/uploads/2019/12/Morning-Consult_Fastest-Growing-Brands-2019-Report_FINAL.pdf
Category Archives: Retail
Trends: “Choice Market” Has Groceries, Fresh Meals & Online Delivery, Threatening Restaurants
From a RestaurantDive.com online review:
“We do inherently cross over multiple verticals so we compete for share against other fast casuals in Denver,” he said.
This trend could spell big trouble for restaurants that are incrementally increasing sales through delivery and reaching more customers through the channel than they would have traditionally.
“If restaurants aren’t paying attention to this they should probably start now because grocers are in a position to do some serious business [in delivery],” Frank Beard, GasBuddy analyst, told Restaurant Dive.
Grocery stores are trying to draw customers back to their business as Americans trend toward eating out rather than cooking at home. One tactic is grab-and-go meal replacements, Gray Taylor, executive director of Conexxus, a tech nonprofit that focuses on the convenience store and petroleum market, told Restaurant Dive.
To read more: https://www.restaurantdive.com/news/delivery-from-aisle-5-how-grocers-are-threatening-restaurants-off-premise/567459/
Retail Trends: Patagonia Opens Up “Worn Wear” Pop-Up Store In Colorado
From a RetailDive.com online release:
In addition to the pop-up Worn Wear store, Patagonia also has Worn Wear mobile repair stations, which visit a variety of locations, including Patagonia stores, specialty retailers, ski resorts and colleges to offer up their refurbishment capabilities. The mobile stations have been to over 135 locations so far, according to the release, and will fix products from any brand.
Patagonia on Thursday opened its first ever physical store for Worn Wear, Patagonia’s resale business. The store is a pop-up in Boulder, Colorado, which will stay open until February 2020, according to a press release emailed to Retail Dive.
The pop-up will be stocked with only Worn Wear products, as well as the outdoor retailer’s ReCrafted Collection, which sells clothes made from apparel that was beyond repair. In addition to selling used gear, the pop-up shop will host repair and upcycling workshops.
To read more: https://www.retaildive.com/news/patagonia-opens-first-worn-wear-store/567533/
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