Thanksgiving kind of fell off.
Thanksgiving kind of fell off.
The big day doesn't feel ask big this year, if you ask me.
Good morning.
Good morning everybody. Here is today’s new:
This is supposed to be Target’s season. But shares in Target have lost roughly 60% of their value over the last two years. Larger competitors such as Walmart and Amazon.com are landing more shoppers with inexpensive food and speedy delivery, respectively. Shoppers headed to Walmart, the country’s largest grocer, nearly three times as often as Target, around 65 times per household versus 23, in the year ended in September, according to data from Numerator, a consumer-research firm. On average, people bought more items on their trips to Walmart than Target, but spent less per product. My qualm with Target is that all of the New York City stores blue ball shoppers! They have like 40% of what you want and then nothing else because they’re truncated after like 3 departments. They’re basically CVS plus better cosmetics.
Kim is your daddy. Between this GQ cover and spread, and Grimes’s recent “corporate surrealism” tweet about the SKIMS office cosplay, Kim is entering Don Draper Ken Griffin Larry Fink mode. This is a visual language that really speaks to me.
Sephora has announced a grant in partnership with the Fifteen Percent Pledge, which will award one Black business owner within the beauty industry $100,000. In 2023, Sephora became the first retailer to sign on to the Fifteen Percent Pledge, launched by Aurora James, and promised to dedicate at least 15 percent of its shelf space to Black-owned brands. The retailer currently stocks Black beauty labels like Danessa Myricks, Ami Colé and Bread Beauty Supply. Beginning in 2021, Sephora revamped its accelerator program to focus on BIPOC founders.
Ty Haney-founded TYB rebranded. The community rewards product went through a redesign on social and their site. I want to talk to the team about the thought process behind it. Stay tuned.
