Retail News & Headlines
September 23, 2020
Top stories in retail news and the business headlines that interest us today.
Walmart Expands Fashion Focus
“Walmart is doubling down on its expansion into fashion with a new casual clothing line for men and women called Free Assembly.
The brand will debut this week online and in 250 stores, hoping to appeal to shoppers who want style and value.”
Amazon Disavows “Prime Bike”
“Yesterday, exercise company Echelon Fitness announced the ‘EX-Prime Smart Connect Bike,’ or ‘Prime Bike’ — a $500 exercise bike developed ‘in collaboration with Amazon.’ News of the bike’s launch sent the share price of smart bike maker Peloton tumbling, as traders anticipated Amazon’s entry into the growing home exercise market.”
Dunkin’s Donut-Flavored Beer
Business Insider — Dunkin’s new donut-flavored beer collab with Harpoon Brewery is the weirdest thing I’ve tasted in 2020
“At the end of August, the donut chain announced it would renew its collaboration with Boston-based Harpoon Brewery, which helped Dunkin’ launch a coffee porter last year. After the success of the coffee porter, Dunkin’ and Harpoon jumped the shark hand-in-hand and launched a full-on fall collection of donut-themed beer.”
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