Space, the final frontier.
For mass retailers, it might just be. With real estate costs and competitive issues combining to put the squeeze on expansion, many merchants are looking for other ways to increase their product selection and give consumers an easier way to choose merchandise. They also are looking for additional ways to give their staff a more efficient and effective place to work.
Between Nov. 1-11, ending on Veteran’s Day, online spend surpassed $1 billion in online spend (compared to only nine of 11 days in 2016). This puts spending on pace to hit a total of $13.9 billion, according to data from Adobe Analytics, part of Adobe Experience Cloud.
Besides tracking 1.8% higher than predicted, November’s online spend to date is at a 19.8% year-over-year (YoY) increase, compared to a 4.8% YoY increase in 2016. This was likely due to last year’s presidential election and steeper product discounts in 2017, according to data.
Nature’s Bounty launched a line of aromatherapy products under the Nature’s Origin banner. The line includes an essential oils kit designed to attract new shoppers, as well as a “Travel with Scents” that has four scents packaged in a branded tin and diffused in easy-to-carry inhalers. The lineup features three diffusers, including one that can be in continuous operation for up to eight hours and fill a room of up to 400 sq. ft. with the optimal scent. A second diffuser can be in continuous operation for up to four hours for a suggested room size of 50 sq. ft.
Nutrex is introducing a new pre-workout product called OutLift that is differentiated by having no proprietary blend (full disclosure ingredients) and contains no “banned” ingredients. Fully-disclosed labels means the formulation of the product isn’t hiding within a proprietary ingredient. “It’s 10 clinically-dosed ingredients,” said Raul Gil, Nutrex research VP sales.
Rather than watch the nail category continue to evaporate, retailers and brands are bonding together with innovative launches and impactful in-store presentations.
(To view the full Beauty Trends Report, click here.)
For the 52-week period ended Oct. 30, nail color sales were down 11.4% across multi-outlets, according to IRI. That’s prompting action.
MCLEAN, Va. — The biggest launch in M&M’s brand history, M&M’s Caramel Chocolate Candies features a creamy, caramel center covered in milk chocolate, enclosed in a candy shell. Caramel is the fastest-growing flavor segment in food, growing 15% in 2015, according to Mars. Hank Izzo, VP of research and development of parent company Mars Chocolate, said the brand regularly plays around with size, shape, color and texture. But, caramel has been especially of interest to the company in recent years. “Caramel is extremely trendy,” he said.