The Modern Retail Podcast

On this episode of the Modern Retail Rundown, we continue to dissect the new economic realities the retail industry faces. This week, we discuss the whispers surrounding Instacart's long and winding road to an IPO and why Nordstrom Canadian ambitions failed. We also contemplate why dollar store chains are receiving so much resistance from the American public. The Modern Retail Rundown is a weekly...

Aviron, which makes a connected rowing machine that starts at about $1,800, is taking a more sustainable growth approach than counterparts like Peloton. The company launched a couple of years before the pandemic hit. The focus was on bootstrapping and slowly building a business via B-to-B sales from wholesalers that would sell to hotels and other large businesses. But then the pandemic hit and the...

Some of the largest companies are making big changes to their business models. That was the overall theme of this week's Modern Retail Rundown, a weekly program where Modern Retail editors break down the week's biggest industry news. In this episode, we talk about how ad sales are boosting revenue for marketplaces like Ebay and Etsy – even during rough times. Next, we discuss how major retailers a...

The brains behind the snack giant Kind are now bringing their expertise to the investment space. Kind founder Daniel Lubetzky unveiled Camino Partners earlier this month, an investment and incubation platform looking to help the next wave of entrepreneurs. The idea is to harness what made Kind -- which sold to Mars in 2020 for reportedly $5 billion -- so successful into a program that will fund th...

Modern Retail is excited to unveil our latest podcast: The Modern Retail Rundown. This weekly program, hosted by senior reporter Gabriela Barkho, goes through all the big retail headlines of the week, providing deep analysis and insights into these large industry happenings. We'll bring in guests such as reporters and editors who know retail inside and out to discuss why these stories are importan...

Sundays is trying to become the leading DTC home furnishings brand in Canada, but it also has its sights set on international expansion. The company started as a side hustle of two married entrepreneurs and has snowballed into a full-blown international business. While most of its business is in Canada, Sundays has been slowly building out its U.S. business -- and has plans to open a pop-up in the...

For years, Nutrafol has focused predominately on DTC. But now it's taking a big step into retail. This month, the hair wellness brand started selling in Sephora. It's one of the first big wholesale relationships Nutrafol has made. Though it's been around since 2014, Nutrafol -- which sells supplements to help with hair loss and other health issues like menopause -- has sold predominately on its ow...

XRC Labs is looking for the next consumer brand winner. The organization is both a venture capital fund and accelerator that has been around since 2015. Its portfolio companies include Outlines, Caraa and Billie. Partner Diana Melencio is constantly trying to figure out what's next -- and what market is under-tapped. On the Modern Retail Podcast this week, Melencio spoke about her investing proces...

Seed Health is a microbiome company trying to disrupt the way health, business and science overlap. While its first product is its probiotic line, Seed has more lofty ambitions to do deep research into human health and rethink the way most people think about the microbiome. The microbiome technically is the community of microbes that live inside an organism, but it's most commonly referred to as a...

Goodbuy is trying to be the anti-mega-retailer. Goodbuy, launched in 2021, is a startup that gives shoppers small-business alternatives to bigger retailer websites. The company offers a browser extension that, when launched on a site like Amazon and Walmart, highlights other smaller brands that offer similar products. Goodbuy also launched a mobile shopping site that lets users search for brands b...

Bedding brand Sunday Citizen first started in 2018 as a small side hustle. In 2018, Mike Abadi was living in China and helping connect entrepreneurs with product suppliers. The owner of a boutique hotel asked him to make a soft yet hearty blanket. Abadi met the request and realized he had stumbled upon a pretty great product. A year later, that blanket became the beginnings of the brand Sunday Cit...

Two years ago, grocery delivery platforms like Instacart saw huge gains thanks to pandemic-induced consumption changes. Now, the road is a little bit bumpier. But Instacart's vp of retail partnerships Ryan Hamburger is conservatively bullish about the future -- both for his company and the overall grocery delivery industry. He joined the Modern Retail Podcast and went deep into the trends he's obs...

This year, brands and retailers faced a myriad of changes. Inflation went up, demand for some products went down and marketing became an increasingly difficult nut to crack. This week on the Modern Retail Podcast, our reporters sat down and talked about the biggest themes they wrote about. They ran the gamut -- from consumer demand shifts to price fluctuations to the difficulties many c-suites fac...

Esprit was once a luxury California apparel brand, but it has had a rough couple of decades. In its heyday in the '80s and '90s, it was known for its high-end clothing like sweatshirts. But most of its U.S. business dried up in the 2000s, and the company's German and Hong Kong business began to lose their luster with shoppers. As part of a major restructuring beginning in 2021, William Pak became...

GoodwillFinds is trying to bring the century-old Goodwill network to the era of ThredUp. The new e-commerce platform has only been live since October, but has already seen pretty steady growth. When it first hit the market, GoodwillFinds offered 100,000 items for sale from four different Goodwill locations around the country. Now, that number is approaching 200,000 items. CEO Matthew Kaness said t...

Lee Jeans is over a century old, but it's trying to remain hip with younger generations. One way it does this is with collaborations. For example, the apparel brand recently worked with the menswear company Brooklyn Circus on a new joint collection. The products are an update on some of Lee's oldest designs -- an attempt to bridge a heritage brand with something newer. According to Chris Waldeck,...

Voyage Foods envisions a world where the most popular food products aren't reliant on their source ingredients. And it believes business-to-business is the best way to reach its lofty goals. The company, which is only a couple of years old, currently makes peanut-free peanut butter spread, cocoa-free chocolate and coffee-free coffee. The idea is that these are some of the most popular foods in the...

Livestream shopping has yet to hit true mainstream levels in the U.S. but Ntwrk thinks it can help. The platform has been around since 2018, and says it has doubled in size every year since launch. Ntwrk's approach to livestream commerce consists of a combination of brand, retailer and celebrity partnerships, along with limited-edition drops. As Aaron Levant, Ntwrk's CEO, described it, the idea at...

PetSmart is trying to maintain its dominance as a leading pet retailer. The privately-held company, which has been around since 1986, reportedly brought in $2.5 billion in revenue in the second quarter of this year. But the retailer is also trying to stay relevant with its shoppers and find new ways to engage them. Stacia Andersen, PetSmart's chief customer officer, joined the Modern Retail Podcas...

Bala Footwear is the latest apparel brand going after working professionals. The company makes shoes aimed specifically at medical professionals. Co-founder Brian Lockard worked at Nike for nearly five years. And the ethos of that brand informed Bala's thesis. "At Nike, one of the phrases that was so important that we always used was: Always listen to the voice of the athlete," said Lockard on the...

Levi's Latin American business is growing -- but it's very different from its Northern counterparts. The apparel brand's svp and managing director of Latin America, Rui Carlos Da Silva Araujo, spoke on the Modern Retail Podcast about how the company approaches this part of the business -- and its overall approach to DTC. This episode was recorded live at the Modern Retail DTC Summit held in Miami....

Outlines is trying to be the Quip toothbrushes for bathroom and home cleaning products. The company launched earlier this year with a shower liner subscription service. The idea is that customers can buy the shower liner along with other accessories. Then, every few months they can pack up their used musty one, send it to Outlines who will recycle the material and then send another brand new clean...

Cloud Paper is trying to get more people -- and businesses -- to try its products. The company makes bamboo-based tree-free toilet paper. When it first launched in 2019, co-founder Ryan Fritsch said the goal was to grow via business-to-business partnerships by selling to businesses like corporate offices and hotels. Its first major account was a Seattle WeWork. But then the pandemic hit, and offic...

Better & Better is taking an unconventional approach to oral care. The startup makes a toothpaste infused with vitamins -- a way to kill two daily-needs birds with one stone. But educating shoppers about how the product works is easier said than done. On the Modern Retail Podcast this week co-founder and CEO Vladimir Vukicevic spoke about how he's been positioning the company. "I [wanted] to build...

Grocery and CPG are certainly hot areas for startups, but it hasn't always been that way. Brooklyn Delhi, a company that makes Indian-inspired sauces and condiments, has been in the business since 2014. This week on the Modern Retail Podcast, founder Chitra Agrawal talked about growing the business -- and the current DTC landscape. Brooklyn Delhi began as a predominately local company. Agrawal got...