Welcome to a new week. The US Open tennis tournament is set to get underway today in New York, making Queens the center of the athletic and cultural world for the next two weeks. The competition is always riveting, but we’re just as interested in the brand activations. In one of the more intriguing collabs this year, footwear brand Rothy’s is launching a new collection made from recycled Evian water bottles collected at last year’s US Open. Now that's circular.
Here’s a look at the rest of this week’s happenings in ecommerce:
Events
NACDS Total Store Expo: Chain drug store retailers and suppliers meet in Boston for a mix of tactical and strategic meetings. The Current is providing coverage live from the event, including recaps of sessions on supply chain and the economy. (August 29)
Home Delivery World: Retail logistics leaders gather in Philadelphia for a conference and exhibition covering all things last-mile. The conference will feature speakers from American Eagle Outfitters, Ulta Beauty, Walmart and Kroger. (August 31-Sept. 1)
Economic indicators
A new month brings a fresh cycle of economic data releases. The focus of the federal government this week is on jobs, with the US Labor Department reporting job openings on August 30, and the monthly report on new jobs, including the unemployment rate, arriving Friday. These will be crucial measures of economic health at a time when a strong job market has been a key signal that the US is not in a recession, despite inflation.
Earnings
Here’s a look at the publicly-traded retail, CPG and ecommerce companies reporting earnings this week:
- Monday, August 29: Pinduoduo
- Tuesday, August 30: Best Buy, PVH Corp., Chewy.
- Wednesday, August 31: G-III Apparel, Vera Bradley, Designer Brands, Express.
- Thursday, September 1: Lululemon, Campbell Soup, Hormel Foods, Tillys, Signet Jewelers
