Technology & Innovation Warby Parker’s Remarkable Vision with Neil Blumenthal, co-CEO and Co-Founder Joining us for a fascinating interview is Neil Blumenthal, co-founder and co-CEO of Warby Parker, one of the most successful and innovative “disruptor brands” to emerge in the past two decades. Neil shares the brand’s origin story, what makes Warby Parker remarkable, why they’ve aggressively invested in brick-and-mortar locations, the critical interplay between digital and […] Remarkable Retail Podcast October 1, 2024October 1, 2024 3 min read Technology & InnovationAIPodcastsWarby ParkerMarketing: Social MediaExecutivesInternational - North AmericaAmazonESG and CSRDept. GroceryWalmartTikTokStrategyResults & InvestmentPricing & PromotionsPredictions and ForecastsPartnershipsMeta (Facebook)Dept. ApparelEconomyCostcoHoliday & EventsGoogleData & InsightsMarketing: BroadcastDept. FreshStreaming 0 Saving Bookmark this article Bookmarked
Channel: D2C Warby Parker notches highest e-commerce growth in 13 quarters With e-commerce revenue growth of 4.4% in Q2, the DTC eyewear brand is making progress against the goals it outlined at the start of the year. RetailDive August 9, 2024August 9, 2024 < 1 min read Warby Parker 0 Saving Bookmark this article Bookmarked
Stores & Formats How Do the Most Successful Retail Stores Operate? Rebekah Kondrat has worked for brands known (and loved) for their incredible store experiences: Apple, Starbucks and Warby Parker, among others. She has taken these experiences to start Rekon Retail, a company that helps brands scale their retail operations and set them up for long-term success. During this RetailThinkTank Ideation Session, host Alicia Esposito […] Retail Remix Podcast July 31, 2024July 31, 2024 < 1 min read Brick and MortarPodcastsConsumersWarby ParkerTrends: RetailRestaurantsPredictions and ForecastsOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Channel: D2C Warby Parker narrows losses in Q1 as it posts 16.3% revenue growth The brand is continuing to build out its footprint, opening eight stores in the first quarter and planning 40 net new stores by the end of the year. RetailDive May 9, 2024May 9, 2024 < 1 min read Warby ParkerBrick and MortarStrategy 0 Saving Bookmark this article Bookmarked
Shopper & Customer Sephora, Dove top CPG 2024’s Most Innovative Brands List NEW YORK – CPG brands outpaced technology nearly 2:1 in the 2024 Most Innovative Brands survey conducted by Brand Keys Inc. (www.brandkeys.com), the New York-based brand loyalty and engagement research firm. “For the first time consumers acknowledged more CPG than Tech brands,” noted Robert Passikoff, brand keys founder and president. “And, for the first time, […] MMR April 8, 2024April 8, 2024 3 min read ConsumersTechnology & InnovationPredictions and ForecastsUnileverRestaurantsMarketing: Social MediaPepsiCoProcter & GambleHealth & WellnessESG and CSRMondelezEconomyDept. Toys & GamesDept. PetKraftHeinzMeta (Facebook)Dept. ApparelThick DataCompetitionTrader JoesAmazonResults & InvestmentStreamingTikTokMarketing: In StoreWalmartMarketing: Loyalty & SubscriptionDept. FreshChatGPTCVSData & InsightsWarby ParkerGoogleAI 0 Saving Bookmark this article Bookmarked
Channel: Grocery Wegmans to Close Stores (Briefly) for Solar Eclipse Viewing Wegmans doesn’t want its employees (or its customers for that matter) to miss what will be the last total solar eclipse visible from North America for 20 years. The supermarket retailer will close 48 stores in upstate New York and Pennsylvania that are located in the “path of totality” from 3 to 3:30 p.m. ET […] Retail TouchPoints March 26, 2024March 26, 2024 < 1 min read WegmansMars Inc.Regional GroceryBrick and MortarAssociatesWalmartMarketing: Social MediaWarby ParkerPricing & PromotionsPredictions and ForecastsDept. PharmacyDeliveryBOPIS 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree to Close 600 Family Dollar Stores by August, Another 400 as Leases Expire Dollar Tree Inc. will shutter approximately 600 Family Dollar stores in the first half of its 2024 fiscal year, which began Feb. 4, 2024. The discount retailer also plans to close an additional 370 Family Dollar stores and 30 Dollar Tree locations over the next several years as each store’s current lease expires. The retailer […] Retail TouchPoints March 13, 2024March 13, 2024 2 min read Brick and MortarDollar TreeFamily DollarPredictions and ForecastsRegional GroceryOperations & Supply ChainMarketing: Social MediaAldiExecutivesWarby ParkerTractor Supply CompanyMerchandising 0 Saving Bookmark this article Bookmarked
CPG: Food There Goes the Sun: Warby Parker Offers Free Glasses to Safely View Upcoming Solar Eclipse The Great North American Solar Eclipse on April 8 will be the last total solar eclipse (when the moon comes between us and the sun) that’s visible from the contiguous U.S. for the next 20 years. Warby Parker is trying to help more people view it safely by offering free ISO-certified solar eclipse glasses at […] Retail TouchPoints March 8, 2024March 8, 2024 < 1 min read Mars Inc.Warby ParkerPredictions and ForecastsPricing & PromotionsMarketing: Social MediaBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: D2C Warby Parker Boosts Revenue 12% in 2023, Plans 40 New Stores this Year In only its second full year as a public company, Warby Parker generated net revenue of $71.7 million in 2023, 12% higher than the $669.8 million generated in 2022. Additionally, the eyewear retailer increased average revenue per customer 9.3% in 2023, to $287, and boosted its number of active customers 2.5%, to 2.33 million. Warby […] Retail TouchPoints March 6, 2024March 6, 2024 < 1 min read Warby ParkerBrick and MortarShoppersPredictions and ForecastsMarketing: Social MediaHealth & WellnessOmnichannelExecutives 0 Saving Bookmark this article Bookmarked
Trends & External Forces Retailing in a Time of Mass Distraction with Andrea Dorigo, Adidas Head of Global Retail Our guest this week is Andrea Dorigo Head of Global Retail for Adidas. Andrea shares many strategic leadership lessons gleaned from his incredibly deep and diverse experience working across a spectrum of international brands. Now he leads a network of more than 2,000 stores for one of the world’s most iconic vertically integrated brands. We […] Remarkable Retail Podcast March 5, 2024March 5, 2024 2 min read PodcastsGovernmentMarketing: Social MediaPredictions and ForecastsDept. ApparelShoppersInternational - North AmericaDept. GroceryData & InsightsResults & InvestmentPartnershipsTechnology & InnovationInternationalIndustry Conferences and EventsBrick and MortarConsumersESG and CSRConsultingHoliday & EventsWarby ParkerBest BuyStart UpsStrategyLowesAmazon 0 Saving Bookmark this article Bookmarked
Stores & Formats Warby Parker eyes 40 new stores as it closes 2023 with revenue up 12% The vision brand, which operates 237 stores, still sees the opportunity for at least 900 locations, but wants its e-commerce business to return to growth. RetailDive February 28, 2024February 28, 2024 < 1 min read Brick and MortarWarby Parker 0 Saving Bookmark this article Bookmarked
Technology & Innovation Embracing Top Retail Tech Strategies for 2024 In the rapidly evolving retail landscape, 2024 is already proving to be a crucial year for retailers to improve customer acquisition and retention. Analysts report that global expenditures on digital transformation initiatives will reach $3.4 trillion by 2026, with software innovation being the driving force behind trends like immersive shopping experiences, redefining the in-store experience, […] Sean Richards February 21, 2024February 21, 2024 3 min read Technology & InnovationAIShoppersPredictions and ForecastsConsumersMarketing: In StoreAssociatesPartnershipsTrends: RetailDept. NonfoodRestaurantsCOVID19AcquisitionInternationalOperations & Supply ChainCustomer ExperienceTech: AR and VRStrategyMetaverseDept. ApparelHealth & WellnessWarby ParkerMarketing: Direct & PersonalizationUnileverTrends: ShoppingTech: CashierlessResults & InvestmentData & Insights 0 Saving Bookmark this article Bookmarked
Department: Nonfood The Difference Between Purpose And Value Proposition Brand “purpose” has been all the rage in recent years. The notion of brand purpose rests on the assumption that a brand, product, or company should stand for something more important than just the functional benefits it delivers. A purpose is the reason a product or company exists and what it stands for beyond the […] 0 Author Missing December 28, 2023December 28, 2023 5 min read Marketing: BrandStrategyShoppersSustainabilityUnileverConsumersTechnology & InnovationResults & InvestmentPricing & PromotionsAssociatesPredictions and ForecastsPartnershipsMondelezMarketing: In StoreExecutivesDept. NonfoodWalmartWarby Parker 0 Saving Bookmark this article Bookmarked
Channel: Delivery C-Store Chain Faces Resistance From Local Advocates In Chicago BlockCubChicago reports that attempts by upscale c-store chain Foxtrot to open a store in the city’s Andersonville neighborhood are facing resistance by locals, who argue that “saying another chain in the neighborhood would further harm local shops.” According to the story, “Besides the increasing presence of chains in Andersonville, Foxtrot’s move to open on Clark […] MorningNewsBeat December 12, 2023December 12, 2023 2 min read Q CommerceBrick and MortarWarby ParkerVendorsRestaurantsDept. FrozenDept. Adult BevDeliveryConsumersAssociates 0 Saving Bookmark this article Bookmarked
Stores & Formats Vuori opens store in Washington, DC’s Georgetown neighborhood [[“value”:”The activewear brand joins a number of other DTC brands — including Warby Parker, Allbirds and Everlane — in opening up stores in the area.”]] RetailDive November 16, 2023November 16, 2023 < 1 min read Warby ParkerDept. ApparelBrick and Mortar 0 Saving Bookmark this article Bookmarked
Technology & Innovation Cutting Through the Retail Technology Clutter with Brenda Witcher, VP & Principal Analyst, Forrester We welcome Brendan Witcher, Forrestor’s VP & Principal Analyst back to the pod to get his always insightful and provocative perspectives on retailer’s priorities for 2024. He helps us separate the real from the imagined with a preview of his upcoming report on where retailers are placing their bets for the future. We start with his […] Remarkable Retail Podcast November 14, 2023November 16, 2023 3 min read Technology & InnovationAIPodcastsMarketing: Social MediaPredictions and ForecastsResults & InvestmentConsumersRecommerceWalmartWarby ParkerMarketing: Direct & PersonalizationMarketing: BrandInternational - North AmericaExecutivesDept. NonfoodDept. GroceryBankruptcyConsultingData & InsightsTrends: TechEconomyESG and CSRAmazon 0 Saving Bookmark this article Bookmarked
Shopper & Customer Warby Parker opened 11 new stores in Q3, raises full-year guidance [[“value”:” This audio is auto-generated. Please let us know if you have feedback. Warby Parker’s third-quarter net revenue increased 14.2% year over year to $169.8 million, according to a company press release Wednesday. The direct-to-consumer vision company’s net loss improved about 27% to $17.4 million and gross margin decreased from 56.7% to 54.6%, driven in part by […] RetailDive November 8, 2023November 8, 2023 3 min read Warby ParkerBrick and MortarConsumersShoppersMarketing: TradeExecutivesStore LocationHoliday & EventsStrategyPress ReleaseMerchandisingHealth & WellnessDept. Nonfood 0 Saving Bookmark this article Bookmarked
Data & Insights Understanding eCommerce Business Models: A Guide The landscape of online retailing encompasses everything from drop-shipping and wholesaling to subscription and white-labeling, allowing entrepreneurs to choose the optimal business model to align with their brand’s vision and capabilities. Choosing the right eCommerce business model can significantly impact a brand’s success, and it requires a comprehensive understanding of each model’s nuances. Key factors […] Wiser Retail Strategies October 16, 2023October 16, 2023 6 min read Data & InsightsDept. NonfoodConsumersTechnology & InnovationShoppersAICompetitionOperations & Supply ChainTargetPredictions and ForecastsCustomer ExperienceStrategyMarketing: PrintMarketing: Loyalty & SubscriptionDeliveryMarketing: Direct & PersonalizationResults & InvestmentMarketing: UGCSustainabilityAcquisitionMarketing: In StoreblockchainWarby ParkerLegal & CriminalDept. FuelMarketing: TradeMarketing: Social MediaAmazon 0 Saving Bookmark this article Bookmarked
Start Ups From Warby Parker to On, here’s how disruptors are doing post-IPO [[“value”:”Some brands whose stock boomed thanks to pandemic-era trends are now trading at less than $5.”]] RetailDive October 4, 2023October 4, 2023 < 1 min read Warby ParkerStart UpsResults & InvestmentCOVID19 0 Saving Bookmark this article Bookmarked
Data & Insights 5 strategies to stand out during BFCM Black Friday and Cyber Monday (BFCM) has been a long-standing tradition in terms of holiday shopping. Consumers have evolved so much but this tradition seems timeless. Ever wondered how ‘Black Friday’ came into existence? Back in the 1980s, a large group of suburban tourists would often hit Philadelphia to do their shopping on the Friday […] Latest Shipment September 12, 2023September 12, 2023 5 min read Data & InsightsTechnology & InnovationAIDeliveryShoppersConsumersHoliday & EventsMarketing: Social MediaESG and CSRMarketing: TradeStrategyPricing & PromotionsWalmartMarketing: Direct & PersonalizationCustomer ExperienceSustainabilityInsight ProvidersAcquisitionShopifyCostcoTargetMarketing: Loyalty & SubscriptionOmnichannelConsultingWarby ParkerKraftHeinzTwitterTikTokThick DataStore Locationsocial commerce 0 Saving Bookmark this article Bookmarked
Stores & Formats Warby Parker on track to open 40 stores in 2023 as it finds continued value in brick and mortar [[“value”:”The DTC eyewear brand opened 13 stores during the second quarter at a time when some digitally native companies are pulling back on physical retail.”]] RetailDive August 11, 2023August 11, 2023 < 1 min read Brick and MortarWarby Parker 0 Saving Bookmark this article Bookmarked
Media & Marketing 5 Omnichannel Marketing Trends for DTC Brands Omnichannel marketing typically involves using a combination of digital and physical channels, such as websites, social media, email, SMS, mobile apps, in-store experiences, and customer service interactions. By leveraging data and technology, brands can track customer behavior across channels, and then use this information to create more personalized and relevant experiences. Omnichannel marketing can help […] Lanie Shalek June 5, 2023October 5, 2023 2 min read ShoppersOmnichannelTechnology & InnovationESG and CSRMarketing: Social MediaMarketing: Direct & PersonalizationBrick and MortarMarketing: VoiceMarketing: In StoreStrategyData & InsightsTrends: MarketingAcquisitionReturnsCustomer ExperienceMeta (Facebook)social commerceWarby ParkerMarketing: UGCAIAmazonBOPISConsumersTech: AR and VRDept. Natural / OrganicStore LocationInternational - North AmericaMarketing: Loyalty & SubscriptionRestaurantsPricing & PromotionsMetaverseGoogle 0 Saving Bookmark this article Bookmarked
Data & Insights Next-Gen DTC: 4 Tips for the New DTC Growth Journey It’s been more than a decade since the direct-to-consumer (DTC) business model forever changed the world of consumer brands. With an iconic cohort of industry disruptors, including Warby Parker, Casper, and Harry’s, the model paved the way for an explosion of businesses built upon direct and authentic relationships with their customers and, in some cases, […] Alex Song May 30, 2023July 11, 2023 4 min read AITechnology & InnovationData & InsightsAcquisitionShoppersConsumersCompetitionSustainabilityMerchandisingResults & InvestmentTargetCOVID19Dept. ApparelReturnsWarby ParkerESG and CSRDept. NonfoodMarketing: Social MediaTrends: RetailAmazonBrick and MortarMetaversePredictions and ForecastsExecutivesOperations & Supply ChainMarketing: In Store 0 Saving Bookmark this article Bookmarked
Technology & Innovation How Businesses Can Use Emerging Technology To Extract Value From Social Media While the COVID-19 pandemic did slow the economy down amidst a lot of problems, it also led to an e-commerce surge and accelerated digital transformation by 5 years. What was considered futuristic is now being experienced in the present and businesses who haven’t implemented them are considered outdated. This is because, with growing advancements, comes […] Latest Shipment May 30, 2023July 11, 2023 5 min read Technology & InnovationAIESG and CSRMarketing: Social MediaShoppersTech: AR and VRsocial commerceData & InsightsCompetitionMeta (Facebook)Marketing: Direct & PersonalizationCOVID19Dept. NonfoodPredictions and ForecastsDeliveryMetaverseCustomer ExperienceTargetEconomyDept. ApparelMarketing: MobileResults & InvestmentPartnershipsMarketing: Loyalty & SubscriptionOperations & Supply ChainTwitterWarby Parker 0 Saving Bookmark this article Bookmarked
Shopper & Customer Is it Time for the Return of the Catalog? Retailers have always been at the forefront of consumer needs. They know their markets and have adapted to meet them. From blade signs to the metaverse, retail has transformed itself over and over. But like many things, trends can be cyclical. And what used to work, then didn’t work, can ultimately work better than before. […] Laura Barrett April 12, 2023April 12, 2023 4 min read Marketing: PrintConsumersShoppersBrick and MortarConsultingOmnichannelMetaverseDept. ApparelTechnology & InnovationOperations & Supply ChainFood DeliveryAmazonSustainabilityDept. NonfoodMerchandisingMarketing: Social MediaMarketing: Loyalty & SubscriptionTech: AR and VRResults & InvestmentMarketing: BroadcastESG and CSRTrends: TechHoliday & EventsMarketing: Direct & PersonalizationDeliveryCOVID19Warby ParkerDept. FreshDept. GroceryDept. PerimeterAcquisition 0 Saving Bookmark this article Bookmarked
Data & Insights How to get repeat customers in 2023? Is your business future ready? The e-commerce industry is continuously changing, so being up to date is crucial. In order to provide a seamless and engaging consumer experience across all touchpoints, including mobile commerce, beacon technology, and CTV advertising, the future of commerce must be fully omnichannel. Businesses must adopt a pipeline strategy, relying on […] Latest Shipment April 6, 2023July 11, 2023 5 min read Data & InsightsShoppersDeliveryConsumersSustainabilityAmazonOmnichannelPackagingESG and CSRTechnology & InnovationPricing & PromotionsGoogleStrategyDept. ApparelMarketing: In StoreHealth & WellnessMarketing: Social MediaOperations & Supply ChainPredictions and ForecastsWarby ParkerReturnsMarketing: VoiceTargetStreamingMetaverseMobile commerceMarketing: Direct & PersonalizationBrick and MortarTech: AR and VRTrends: RetailMarketing: Loyalty & SubscriptionAssociatesDept. PerimeterDept. NonfoodDept. FreshAI 0 Saving Bookmark this article Bookmarked
Shopper & Customer Warby Parker, once online-only eyeglasses retailer, plans hundreds of more stores Warby Parker, among the first startups to use a direct-to-consumer model, plans hundreds of eyewear stores for growth, and a future in telemedicine. CNBC October 22, 2022October 22, 2022 < 1 min read Warby ParkerBrick and MortarConsumersPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Channel: D2C Warby Parker slashes sales outlook for the year as loss widens Warby Parker on Thursday joined the slew of retailers that have cut their financial forecasts for the year. CNBC August 11, 2022August 11, 2022 < 1 min read Warby ParkerResults & Investment 0 Saving Bookmark this article Bookmarked
Technology & Innovation Big Brands Replacing Membership, Loyalty Programs With NFTs Hang, a B2B startup, is using NFTs to innovate loyalty programs for a number of big brands. The firm’s clients include Budweiser, Bleacher Report, Pinkberry, Bonnaroo and Superfly. “For most brands at a certain scale, it’s pretty hard to offset increasing customer acquisition costs,” Hang co-founder and CEO Matt Smolin said to CNBC in a […] Pymnts.com July 25, 2022July 26, 2022 2 min read NFTCryptoMarketing: Loyalty & SubscriptionLegal & CriminalCPG: Adult BeverageShoppersInternational - UKAcquisitionSustainabilityWarby ParkerStart UpsExecutives 0 Saving Bookmark this article Bookmarked
Data & Insights APIs Drive Omnichannel Growth by Connecting Real-Time Transaction Data Across Channels For most of the time that retailers have existed, the only option shoppers had when they wanted to buy something was to go to a physical store and purchase in person. Then came eCommerce, which added online shopping to the mix, and more recently, the emergence of the omnichannel commerce concept, which some industry players […] Pymnts.com May 27, 2022May 27, 2022 3 min read Data & InsightsOmnichannelConsumersShoppersStrategyResults & InvestmentCOVID19Brick and MortarMarketing: Loyalty & SubscriptionPredictions and ForecastsLegal & CriminalTrends: RetailTrends: FinanceTechnology & InnovationPricing & PromotionsExecutivesOperations & Supply ChainMarketing: In StoreMarketing: Social MediaInternational - UKWarby ParkerESG and CSRAmazon 0 Saving Bookmark this article Bookmarked
Media & Marketing Channel: Restaurants Department & Category Department: Nonfood ESG Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Associates & Employees Operations & Supply Chain Ranked: The Fastest Shrinking Jobs in the U.S. (2023-2033F) See this visualization first on the Voronoi app. Use This Visualization Ranked: Occupations With the Most Projected Job Cuts This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. As the economy shifts, the employment landscape changes. […] Written by Visual Capitalist September 26, 2024September 26, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces US Government Accuses Visa of Being an Illegal Monopoly The Department of Justice alleges Visa has an excessive stranglehold on debit card transactions. Written by RetailWire September 26, 2024September 26, 2024 Saving Bookmark this article Bookmarked
Holiday & Events Department: Consumer Durables Department: Nonfood Corporate Finance ESG Partnerships & Alt Profit Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Associates & Employees Holiday & Events Merchandising Stores & Formats Adobe Predicts 8.4% Growth in Online Holiday Sales, Driven by Discounting Adobe expects U.S. online sales to hit a record $240.8 billion this holiday shopping season (covering the period from Nov. 1 to Dec. 31), representing 8.4% growth year-over-year. Shopping on mobile devices also is expected to hit a new milestone, growing 12.8% YoY to contribute a record $128.1 billion, which would represent a 53.2% share of online spend this season […] Written by Retail TouchPoints September 26, 2024September 26, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Retail Ecosystem Trends & External Forces Future of Marketing: Part One Today, we’re kicking off a special two-part series answering your questions about all things marketing. Scott puts on his professor hat and answers your questions surrounding common marketing misconceptions, the power of community-driven marketing, and what the future holds for the industry. Music: https://www.davidcuttermusic.com / @dcuttermusic Subscribe to No Mercy / No Malice Buy “The […] Written by The Prof G Show September 20, 2024September 20, 2024 Saving Bookmark this article Bookmarked
Shopper & Customer Corporate Finance Media & Marketing Data & Insights Shopper & Customer Trends & External Forces Charted: Maxed-Out Credit Cards by Generation See this visualization first on the Voronoi app. Use This Visualization Credit Card Utilization By Generation This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. In the first quarter of 2024, the nationwide aggregate credit card […] Written by Visual Capitalist September 20, 2024September 20, 2024 Saving Bookmark this article Bookmarked