The Modern Retail Podcast

Americans may have more reason than ever to appreciate the comforts of home and the value of making theirs their own. But even a company like Parachute, a luxury linens and home goods company founded in 2014, is feeling the pinch from the downturn in retail. "Our [physical] retail is about 25% of our business -- but it's a profitable part of our business," the company's founder Ariel Kaye said on...

If Benjamin Witte talks about his beverage brand Recess as if it were a budding empire, it's because he's noticed the same broad ambitions among the sector's big players. "Red Bull is a media company for the action sports community that monetizes through selling cans," Witte said on the Modern Retail Podcast. "We're speaking to creatives, just like Red Bull is speaking to the action sports communi...

Rhone CEO Nate Checketts said his company "saw the writing on the wall really quickly" in the early days of the coronavirus pandemic. Companies like his men’s activewear brand would soon be bloated with inventory and feel the pressure to boost e-commerce promotions. "If everybody's getting promotional all at once, that's going to shift customer demand away from us if we're continuing to operate at...

When people go shopping for mattresses, according to Resident co-founder Eric Hutchinson, they often know more or less what kind they're after. "The person who wants a memory foam mattress opts into that category very quickly," Hutchinson said on the Modern Retail Podcast. "They say: 'I am looking for a memory foam mattress,' so they're doing the comparative shopping versus other memory foam brand...

Much has been written about the Chinese consumer that shops abroad in stores. But there is a growing movement among customers in China that, through livestreaming apps like ShopShops, are shopping at stores outside China, just through their phones. ShopShops founder Liyia Wu explained the experience from the customer's perspective: "Open up your phone, and with a click of a button you can be [on]...

Shark Tank investor and co-founder of RSE Ventures Matt Higgins thinks a change is coming to the DTC playbook. "I think it's amazing that you can come along and challenge taboo thinking around ED, or you can go ahead and create an entirely new cereal brand, launch it right away and get scale. That's not going away," Higgins said on the Modern Retail Podcast. What is going away, he added, is the id...

When it comes to financial technology, China has Silicon Valley beat. WeChat is a big part of that. What started as a messaging app in 2011 is now a mobile payments giant. "People use it for everything. For utilities, for gaming, obviously to communicate with their family and friends, and to do business," said Yiren Lu, a software engineer (at Google) and a writer who covers WeChat and Chinese tec...

The direct-to-consumer model didn't exist when Ariane Goldman started her first clothing brand in the mid-2000s. But by the time her second company, Hatch, launched in 2011, "the only way to really start the business was DTC," Goldman said on the Modern Retail Podcast. Hatch makes clothes to be worn at all stages of pregnancy -- and before and after too -- sold both online at stores in New York an...

Studs co-founder and CEO Anna Harman recently got a second piercing in her ears. One place she looked at would have charged her $500. The other, which she went for, was a tattoo parlor. "And while the piercing experience was great -- they pierce with a needle, it was healthy and safe -- the overall environment was really not suited to me. I felt really personally out of place there," Harman said o...

Coulter Lewis got the idea for Sunday when he saw the state of his local Home Depot's lawn care aisle. "You can smell it before you get there," Lewis said on the Modern Retail Podcast. "It's pallets stacked high with bags of chemical fertilizer, covered in caution labels." That was in 2017, the year before he launched the company out of Boulder, Colorado. First, Sunday asks customers to ship it a...

For the Body Shop, it's about selling where the customers are -- even if that means it's not necessarily on your own sites or in your stores. "Stores for us are the bread and butter of the business, the biggest portion of the business, and will always be," U.S. general manager, Andrea Blieden said on the Modern Retail Podcast. At the same time, being on Amazon has been a big boon to the business,...

Lo & Sons launched as a direct-to-consumer brand in 2010. That's practically prehistoric as far as the recent crop of DTC companies is concerned. "We were kind of an accidental DTC company," co-founder of the brand, which makes high-end handbags, Derek Lo said on the Modern Retail Podcast. "We started before the term even existed." The idea to start a family business came from Derek Lo's mother, H...

Iris Nova founder Zak Normandin is betting on a suite of "no or low" sugar drinks -- sparkling teas, seltzers and lemon juices -- and on a new way to sell them. "Every brand has a phone number," Normandin explained on the Modern Retail Podcast. "When you want to place an order for a product you just pull out your phone, you text the brand directly." His lemonade brand, Dirty Lemon, has sold more t...

Roman launched in 2017 with a specific mission: Treating erectile dysfunction online, with doctor consultations and medication delivered right to customers. The company has raised $176 million in funding. It's also changed its name to Ro and turned Roman into just one of the the brands it owns, expanding its telemedicine offerings to also tackle nicotine addiction (with a brand called Zero), perim...

Rebecca Taylor dresses aim to land between the feminine and something more irreverent. "Back in the day there was cool people and feminine people, but they didn't really cross over," the company's president, Janice Sullivan, said on this week's Modern Retail Podcast. "In Rebecca Taylor, it's where that meets," she added. "It's okay now to be a feminine feminist. It wasn't, maybe, years ago." A yea...

Before startup founders woo thousands of customers, they often try to convince investors to get onboard with their company's mission. As a principal investor at Lerer Hippeau, an early-stage venture capital fund based in New York, Caitlin Strandberg is on the other side of the table. The fund has invested widely, including in DTC brands like Allbirds, Casper, Everlane and Lola. Strandberg joined t...

This week, it's a look ahead at what 2020 may have in store for retail. Modern Retail reporters Cale Weissman and Anna Hensel join host Shareen Pathak for a roundtable discussion about the beats and developments they know so well, from how Walmart and Target will seek to challenge Amazon to whether venture funding for direct-to-consumer startups will dry up.

Michael Wieder, the co-founder of Lalo, is betting on the baby stroller market. "We know that you're putting your most precious belonging in our products," Wieder said on this week's episode of the Modern Retail Podcast. "They have to be safe, they have to look good, they have to be an extension of who you are. If you don't trust us, then why buy us?" Wieder and his co-founders Jane Daines and Gre...

For Helena Price Hambrecht the abundance of alcohol at every after-work event meant that hangovers seemed inevitable. "I knew that I had a problem. I knew that everyone else I knew had a problem where we were like 'god, are we supposed to do this forever and not die?" she said on this week's episode of the Modern Retail Podcast. "We're supposed to drink, drinking is part of life, but we all feel t...

Making Marketing is making some changes. Starting with our very next episode, we'll be the Modern Retail Podcast, bringing you conversations with people innovating in retail, including the oh-so-buzzy world of DTC. But before that, this episode rounds up a few highlights from Making Marketing's interviews in the past year: Kevin Lavelle, the founder of menswear brand Mizzen and Main "I’ve spoken w...

Equinox took the gym and turned it into a premium product. Now the company is looking to do the same with the fitness instruction videos you watch online -- think high-end camera work instead of vertical video shot on an iPhone, featuring some of their 6,000 instructors and full-fledged classes. Equinox Group is serious enough about it that they've put a new division of the company, Equinox Media,...

Working at the NFL gave Rhone CEO Nate Checketts a pretty good lay of the land as far as men's activewear went. And what he saw was a big hole in the supply-side of the market. "Lululemon was really leading the charge" in marketing premium workout clothes to women, he said. "And then you had all of these brands that were there going after the same customer." But no one seemed to be doing that for...

Amazon doesn't just dominate the market for paperbacks and e-books. Through its subsidiary Audible, they've got the audiobook market (worth $2.1 billion, according to Bloomberg) cornered, too. They're also not limiting themselves to putting existing books on tape. "We want to give our customers experience beyond traditional audiobooks," said Audible CMO John Harrobin. The company's range of audio...

Even in states that have legalized marijuana, opening a business that sells it can be hard. Some of it, according to Kristi Knoblich Palmer, the co-founder of Kiva Confections, which makes edible THC products, is just down to people not wanting cannabis retail in their backyards. For a time, even Instagram was skeptical of letting Kiva's products -- mints, gummies, and chocolates -- show up on the...

Reddit bills itself as "the front page of the internet" with more than 300 million average monthly active users. But from a marketer's perspective, much of it represents an untapped audience "We're very lucky in that we have seen our top-line awareness continue to grow year over year, largely organically," said Roxy Young, vp of marketing at Reddit. Next comes bridging what she calls "the relevanc...