The MULO Dozen: March Brands in Review
Openings, closings, leadership changes…the MULO (multi-location) beat goes on! Here are some highlights related to the people, technologies, and brands in the MULO ecosystem.
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- The convenience store (C-store) industry is going through a major transformation and incorporating tech to build loyalty. The days of just cigarettes and gas are long gone! (INNOVATION)
- People are spending on personal care and health products, according to the latest NRF (National Retail Federation) study. (CONSUMER VOICES)
- And when we’re not shopping, what are we eating and drinking? Hot sauce, fun drinks, and watermelon are trending. (CONSUMER VOICES)
- Last year, we saw lots of churn (but not many women) in retail CEO positions. (LEADERSHIP)
- Dollar Tree is closing 15 percent of its retail stores. (BUST)
- Retailers are getting into the media business, as evidenced by Walmart’s recent VIZIO acquisition. (INNOVATION)
- H&M installed some cool new tech (including smart mirrors) in its Soho store. (INNOVATION)
- We at Street Fight have covered celebrity collabs in the MULO space. The new DunKings menu is a clear example of how a Super Bowl ad is now connected to an entire brand initiative. (INNOVATION)
- Non-traditional franchise locations and health and wellness concepts are just two of the trends in franchising. (INNOVATION)
- Hertz Global Holdings announced a new CEO. (LEADERSHIP)
- Tech company Optoro is disrupting the returns process for retail. (INNOVATION)
- McDonald’s, Restaurant Brands International (owners of Burger King), and Domino’s are among the companies that did well financially in March. (BOOM)
Follow us each month for our MULO Dozen (as well as our fresh in-depth daily content about MULO retail, restaurants, services, and the technologies and people that support the brands — plus hot marketing concepts and innovations).
