It’s been another week with a lot more retail news than there is time in the day. Below, we outline some things you may have missed during the week, and what we’re still thinking about.
From 1-800-Flowers acquiring Alice’s Table to Campbell Soup Candles, here’s our close for the week.
What you may have missed
Amazon workers will vote to unionize (again)
The National Labor Relations Board on Tuesday announced a second union election for Amazon workers in Bessemer, Alabama, according to a news release sent to Retail Dive.
“Amazon’s misconduct in the first union election so tainted the outcome that the NLRB overturned the results and held a second election for workers in Bessemer, Alabama,” the Retail, Wholesale and Department Store said. Union in a press release. “We are deeply concerned that the ruling does not adequately prevent Amazon from continuing its misconduct in a new election.”
In April last year, Amazon workers voted don’t unionize. The RWDSU said at the time that it planned to challenge the election in court and accused Amazon of “illegally interfering” with the union vote.
Ballots for the election will be sent to voters on February 4 and counting of those ballots will begin on March 28.
Amazon did not immediately respond to a request for comment.
Nike Vet Joins Columbia Sportswear as Vice President of US Sales
Columbia Sportswear Wednesday named Jim Beeman its vice president of U.S. sales for the Columbia brand, according to a company press release. He will report to Tim Sheerin, senior vice president of Global Wholesale for the Columbia brand. Beeman is a 22-year-old Nike veteran, having worked at the athletics giant until 2020 in various roles, ending as vice president and general manager of JD Sports and Finish Line, according to his LinkedIn.
“Jim led multiple teams at Nike and drove significant growth in support of large integrated wholesale partnerships, category brand marketing and retail brand marketing, as well as territory-based teams in wholesale, digital and direct,” Sheerin said in a statement. the appointment.
Nike executives have been a hot hiring choice across the retail industry lately, with the former vice president of Nike Direct North America join The North Face as Global Brand President just this week after 16 years with the company. Another 16-year Nike veteran, Emma Minto (former Vice President of Nike and General Manager of Nike Women’s, North America) joined Crocs in February last year and Everlane also taken from athletics retailer for its first marketing manager. Nike in July 2020 said so planned to lay off at least 500 employees at its head office, a number increased to 700 in November of this year.
Harry’s brings in new capital
DTC razor brand Harry’s has raised around $140 million in a fundraising event, according to a document filed this week with the Securities and Exchange Commission. Tech Crunch reported for the first time the news.
The filing lists Harry co-founders Andy Katz-Mayfield and Jeff Raider, chief financial officer Jeff Lipkin and general counsel Jack Sarno, as well as Zola founder and CEO Shan-Lyn Ma, investor Lee Fixel, the Campbell Soup CEO Mark Clouse, former Hudson’s Helena Foulkes, Bay Company CEO and current politician, and Damien Hooper-Campbell, director of diversity at Zoom.
A company spokesperson said, “We are not announcing anything at this time,” regarding the funding.
The deposit comes nine months after Harry raised $155 million in a Series E funding round, which it intended to use to add more brands to its portfolio. The company, which runs Harry’s, Flamingo, Head Office and Cat Person, in December acquired the Lumē body odor brand.
1-800-Flowers acquires Alice’s Table
Digital gifting specialist 1-800-Flowers said this week that it has acquired Alice’s table, which hosts entertainment-focused digital workshops, as it seeks to add to its experiential offering. The company said the expansion reflects its “a strategic focus on developing immersive experiences, engaging content and interactive events, as well as embracing entrepreneurial concepts that help deepen customer relationships and create a true sense of community.”
Alice’s Table’s experiential offerings include floral arranging and cooking workshops for private and corporate clients. It launched in 2015 and focused on in-person events until 2020, when it transitioned to purely digital workshops and began collaborating with 1-800-Flowers and its Harry and David brand. Dinesh Popat, president of the company’s international BloomNet segment, said in a press release that its collaboration with Alice’s Table has reached more than 80,000 people to date.
Campbell’s stirs up the delicious scents of candles
There’s nothing quite like coming home to the smell of fresh food being cooked, but what if you could get the same satisfaction without cooking anything? Campbell’s has the answer, with the launch of two limited edition candles it will not actually feed you but can fill your senses. If you have kids, you’re probably very familiar with the smell of tomato soup and grilled cheese, but what if the greasy smell of a cheese sandwich in a hot skillet could follow you around. home long after turning off the stove? ?
That’s the brave question Campbell’s asks with its new line. And while this may seem like a niche category of candle scents, there is actually a everyone food scented candles, including but not limited to: berry waffle cone, strawberry pound cake and French baguette (which probably goes really well with the Campbell’s Chicken Noodle Soup candle!).
While there’s something about letting your favorite food scents waft through the house, it’s at the end of the day that hot wax you smell, and doesn’t spare you the effort of make the aforementioned tomato soup and grills. cheese.
However, it may cause your child to be immortalized as the one whose house smells like soup.
Saks Kicks Off With New Game Day Assortment
Saks is teaming up with 28 luxury brands, including Christian Louboutin, Dolce & Gabbana, Givenchy and Versace, to create Game Day Capsules, according to a company press release. The merchandise assortment includes over 275 limited-edition items that primarily focus on men’s clothing. The collection includes ready-to-wear, shoes and accessories. Product prices range from $57 to $2,395 and are available at select Saks Fifth Avenue stores and on the company’s website.
The Game Day capsules will be promoted through a digital campaign featuring Denver Broncos wide receiver Jerry Jeudy.
“We’re at a time when the intersection of fashion and sport is stronger than ever, and we’re excited to style our customers for the biggest day in sport with an unrivaled assortment of merchandise they can’t find anywhere. anywhere else,” said Saks Chief Merchandising. Officer Tracy Margolies said in a statement.
What we still think about
How many consumers spent online worldwide during the holidays, with $257 billion spent in the United States, a substantial increase over last year’s numbers, according to Salesforce’s 2021 Holiday Shopping Report. The report cites early November and late December surges for the upside. Meanwhile, Cyber Week accounted for 23% of global sales – down slightly from 24% in 2020.
The number of Big Lots stores – just over 1,400 – has remained stable for a decade. But now the discounter has ambitions to grow both its physical footprint and its digital sales. A long-term strategic plan released this week includes 500 new stores, starting with more than 50 net added stores in 2022 and more than 80 per year thereafter. Big Lots also wants digital to become a billion-dollar sales channel for the company. All of this is in service of plans to eventually increase sales to as much as $10 billion.
what we watch
StockX could file for an IPO
StockX, an online sneaker and streetwear resale platform, is reportedly considering an initial public offering in the first six months of the year, although the timing may change, according to a Bloomberg Report citing people familiar with the matter.
StockX has tapped Morgan Stanley and the Goldman Sachs Group to work on the deal, according to Bloomberg. The company said it’s valued at $3.8 billion in April following the closing of a secondary tender offer.