Maria Monteros is a reporter at Modern Retail. Before joining Digiday, Maria has written for several publications including Bloomberg, MarketWatch and The Nashville Business Journal. When she’s not covering retail news, Maria enjoys exploring different neighborhoods in D.C. and trying new pastry shops. Send tips and story ideas to email@example.com.
Funding for startups in 2022 dropped 31% from its height in 2021, according to data from PitchBook released last month. Experts said that while other discretionary categories like electronics, apparel and home furnishing have seen people cut back on spending, the same has not been true for beauty.
Store closures are standard practice among big-box retailers, who often evaluate the profitability of each location. In this round of closures, however, more retailers are taking the digital experience into consideration as well as the location and appropriate size of their stores.
Retailers have been creating catchy jingles on television and radio for decades to drive brand awareness and consideration. However, on TikTok, marketers have to adjust to a platform’s short-video format, its ever-changing trends and work with its unpredictable algorithm.
In its next stage of growth, Ritual is looking to acquire more customers offline and beyond its DTC business. Kat Schneider, founder and CEO of Ritual, spoke to Glossy sister site Modern Retail about the company’s decision to venture into wholesale and its strategic direction.
Curie — which offers products like deodorants, body washes and detox masks — announced this week that it is launching a Juniper Eucalyptus Full Body Deodorant Spray with high-end gym Equinox, which will then be available at all 105 Equinox Clubs this summer as a complimentary amenity for members. This...
This story was originally published in Modern Retail, our sibling publication. Direct-to-consumer supplement brand Rae Wellness may have only been around since 2019, but the company’s products can already be found at thousands of brick-and-mortar stores. In total, Rae Wellness products can be found at 7,500 physical stores nationwide. Just months...