This episode covers major shifts in the retail landscape, highlighting Athletic Brewing's successful $50M funding round to meet surging demand in the non-alcoholic beverage market. It also analyzes Nike's strategic move to refocus on wholesale partnerships with the return of a key executive, and Costco's decision to raise its membership fees. Ecommerce operators will gain insights into venture capital in CPG, adapting retail strategies, and the economics of membership models.
Key takeaways
Athletic Brewing's $50M raise underscores the significant investor interest and growth potential in the non-alcoholic beverage sector; CPG brands should note this as a viable funding path.
Nike's hiring of Tom Peddie and renewed emphasis on wholesale indicate a strategic pivot away from a sole DTC focus, suggesting brands should evaluate a balanced omnichannel approach.
Costco's membership fee increase, the first since 2017, highlights the power of a strong subscription model to maintain profitability and suggests other retailers may follow suit to offset rising costs.
Retailers should evaluate their marketplace partnership strategies, as Nike's actions signal a return to leveraging these channels for broader reach and brand visibility.
The discussion of Athletic Brewing's scaling challenges demonstrates the operational complexities high-growth CPG brands face in meeting demand, emphasizing robust supply chain planning.
On this week’s Modern Retail Rundown, the staff discusses the latest funding round raised by NA beer company Athletic Brewing in an effort to meet demand. Meanwhile, Nike announced it's bringing former executive Tom Peddie back to be vp of marketplace partnerships as the company refocuses on wholesale. Lastly, in September, Costco is raising its annual membership fee by $5 -- the first increase since 2017.
Frequently asked about this episode
What does this episode say about finance & fundraising?
Athletic Brewing's $50M raise underscores the significant investor interest and growth potential in the non-alcoholic beverage sector; CPG brands should note this as a viable funding path.
What does this episode say about retail & omnichannel?
Nike's hiring of Tom Peddie and renewed emphasis on wholesale indicate a strategic pivot away from a sole DTC focus, suggesting brands should evaluate a balanced omnichannel approach.
What does this episode say about supply chain & operations?
Costco's membership fee increase, the first since 2017, highlights the power of a strong subscription model to maintain profitability and suggests other retailers may follow suit to offset rising costs.
What does this episode say about founder & leadership?
Retailers should evaluate their marketplace partnership strategies, as Nike's actions signal a return to leveraging these channels for broader reach and brand visibility.
What does this episode say about finance & fundraising?
The discussion of Athletic Brewing's scaling challenges demonstrates the operational complexities high-growth CPG brands face in meeting demand, emphasizing robust supply chain planning.
