TCP Weekly Consumer News Roundup // December 12, 2024
Traub Capital Partners
Strategic Private Equity firm specializing in building value in consumer companies using its cross-functional expertise
This week, Michelin-starred brands are infiltrating the grocery store, shopping malls are winning over Gen Z consumers, and more.
MACRO
Inflation heated up last month as consumer prices rose 2.7%, underscoring the slog ahead
Consumer prices were up 2.7% for the 12 months ended in November, moving higher from the 2.6% annual increase seen in October and marking the highest annual rate since July, according to the latest Consumer Price Index data released Wednesday by the Bureau of Labor Statistics. CNN
M&A and INVESTMENTS
CPG
Walmart CEO predicts grocery inflation will continue in early 2025
With 2025 just a few weeks away, 沃尔玛 's top executive expects food price inflation won’t budge from around its current level at the start of the new year — ?instead of ticking down, as consumers have hoped. Grocery Dive
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‘Call Her Daddy’ Host Alex Cooper Is Launching Unwell Hydration, a Drink for Nights Out and the Mornings After
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Campbell’s New Chief Inherits Strengthened Business, but Big Challenges Loom
As CEO departs for the National Football League, investors fear a return of inflation pressure. WSJ
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Walmart’s Bettergoods, Target’s Dealworthy are fastest-growing private labels
A recent Numerator report found that both brands, launched earlier this year, have already reached a notable number of households. Retail Dive
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V8 partners on Bloody Mary RTD beverage
The limited-time Spritz, which contains wine instead of vodka, aims to promote the versatility of The Campbell's Company product and expand it into new usage occasions. Food Dive
From restaurant to retail: How Michelin-starred brands are infiltrating the grocery store
The channel provides establishments such as Momofuku and Carbone with new revenue streams and an opportunity to reach additional consumers. Food Dive
领英推荐
RETAIL
Cyber Monday was the biggest US online shopping day ever
$15.8 million every 60 seconds. That’s how much US consumers spent in two hours on Monday night, capping off a five-day spending spree that smashed previous records. CNN
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Seven & i $60 Billion Management Buyout to Include US Assets IPO
Seven & i Holdings, the Japanese parent company of 7-Eleven stores, would launch an IPO for its North American business, as part of a proposed $58 billion management buyout. Bloomberg
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Gen Z to the rescue? How malls are winning over a generation of in-person shoppers
Gen Z consumers, despite growing up as digital natives, shop in stores about as much as their baby boomer grandparents do, according to a survey by the International Council of Shopping Centers. CNBC
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Why Tariffs Could Really Pinch Retailers This Time
While some retailers will pass costs on to consumers, others will take it on the chin. WSJ
MEDIA & TECH
ESPN hopes to reach more casual sports fans with Disney+ integration
华特迪士尼公司 debuted an ESPN tab on Disney+ on Wednesday for ESPN+ subscribers and will make about 100 live games available on Disney+ to non-subscribers. CNBC
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Temu is trying to court more premium brands to its marketplace
Temu is now positioning itself as a marketplace for more than just $2.25 sandals and $11.97 cameras as it looks to challenge Amazon as the next everything store. Modern Retail
RESTAURANTS & HOSPITALITY
Chipotle Raises U.S. Prices by 2% to Offset Inflation Costs
Higher prices are set to provide a boost to Chipotle Mexican Grill ’s future earnings, analysts say. WSJ
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Chili’s and Applebee’s are fighting about their value meals
Both chains have added more value offerings to menus in recent months as consumers cut back on dining out amid inflationary pressure on their wallets. CNN