We’ve been doing Retail Industry Reports for quite some time, and while each is uniquely insightful, we’ve found they generally tend to cover the same verticals (fashion and apparel, electronics, home improvement, toys, etc.) and the same topics (omnicahnnel, in-store experiences, purchase trends etc.). These are all important, of course, but for our 2020 Retail Industry Report, we wanted to look a bit more into the future and a bit more off the beaten path.
Apple recently partnered with Postmates to promote its Apple Pay and Apple TV, its mobile payment system and entertainment platform respectively. While such promotions happen everyday and are hardly news, this partnership offers us a window into three emerging, bloody, and besieged digital markets, namely food delivery, mobile payment, and content streaming. All three markets face intense competition and slower-than-expected adoption rates, and both Apple and Postmates would greatly like to improve their standing within them--this promotion, then, essentially represents a mutually-beneficial partnership aiming at increasing adoption and continued use.
Chipotle had themselves a heck of a fourth quarter to end a heck of a 2019. Despite renewed safety concerns and brazen violations of child labor laws, the fast casual pioneer has continued to drive same-store-sales growth. They also had a minor sensation with their limited-time-only carne asada offering.
E-Alternative Solutions (EAS), a vaping and tobacco manufacturer, has developed a line of cannabidiol (CBD) tinctures specifically for C-store impulse aisles. Branded Forth Cannabidiol (CBD), the products come in single-serving 300 and 600 milligram sizes and are full spectrum CBD (more on that later) with hemp, strawberry lemon, cool mint, citrus berry, and peppermint flavors.
Fuji Foods, the country’s largest provider of prepackaged sushi, issued a thirty-one-state recall last month with concerns that products sold under Okami and Trader Joe brands may contain listeria, an uncomfortable-at-best, deadly-at-worst food-borne bacteria. Yup, that’s right, Trader Joe’s gets their sushi from the same company that provides Walgreens, 7-Eleven, Food Lion, Golden Eagle, and a host of other grocers. And it got recalled.