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DEI of the beholder
To:Brew Readers
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The Lead Summit panel on DEI.

Hey hey. A new survey from NielsenIQ found that 74% of shoppers plan to shop on Amazon this year for Father’s Day presents. The stat might indicate consumers’ favor for the e-commerce giant, or their self-awareness that they’ll forget to buy a present and need to bank on next-day shipping.

In today’s edition:

—Andrew Adam Newman, Alex Zank, Erin Cabrey

MARKETING

Kimberly Lee Minor, Lydia Smith, and April Sabral onstage at The Lead Summit.

From left: Kimberly Lee Minor, Lydia Smith, and April Sabral. Andrew Adam Newman

When you’re moderating a panel at a conference and the room isn’t even half full, most people would ignore it and proceed as if it were standing room only. But Kimberly Lee Minor, CEO of the Women of Color Retail Alliance, isn’t most people.

“Thank you for joining us today,” began Lee Minor, who was leading a panel about diversity, equity, and inclusion (DEI) for the third consecutive year at The Lead Summit in New York recently. “I’m going to just jump in to acknowledge the open seats. So last year we had this conversation, there were maybe five open seats; the year before, people were lined up against the back wall; and as we sit here today, there are more open seats than not.”

Lee Minor promised “a great conversation, whether there’s one person in the room or 100” and urged attendees to share their takeaways with friends and colleagues.

Keep reading here.—AAN

Presented By Retail Club

SUPPLY CHAIN

Tariffs price increase

Andriy Onufriyenko/Getty Images

Here’s another one for the “completely unsurprising tariff revelations” column.

A majority (54%) of US-based companies said they’ll need to raise prices following President Donald Trump’s so-called “Liberation Day” announcement, compared to 46% that said the same thing before the big April 2 reveal, according to an Allianz survey.

There’s been a tariff deal since Allianz conducted its survey. The US and China earlier this month agreed to a 90-day pause that lowers tariffs on Chinese imports from 145% to 30%, and lowers China’s tariffs on US goods to 10%. This likely changes little for pricing strategies, according to Allianz.

“Despite recent positive developments, price hikes are likely to remain the go-to strategy globally to counter tariff impacts,” the report states.

Keep reading here on CFO Brew.—AZ

COMMUNITY

Retail Brew coworking series featuring Nick Morgan. (Credit: Nick Morgan)

Nick Morgan

On Wednesdays, we wear pink spotlight Retail Brew’s readers. Want to be featured in an upcoming edition? Click here to introduce yourself.

Nick Morgan is founder and CEO at content commerce company Vudoo, used by brands like Nike and Rip Curl.

How would you describe your job to someone who doesn’t work in retail? My job is to create innovative solutions that allow brands and retailers to connect with consumers in new, engaging ways. At Vudoo, we focus on enabling brands to meet consumers where they are with interactive video technology. As CEO of the company, I sit at the helm of a team providing retailers with tools that enhance customer engagement and drive conversions.

One thing we can’t guess about your job from your LinkedIn profile? My LinkedIn profile won’t reveal much about my leadership style. I believe culture eats strategy for breakfast. Creating a strong company culture is really important to me, and I go to great lengths to ensure my team feels valued. I care deeply about supporting them; I recognize the amazing effort they put in and I try to match that. I aim to be respectful of people’s home life and don’t expect people to work around the clock. I have worked to create a company culture where everyone feels we can call on each other.

What’s your favorite project you’ve worked on? It has to be developing and evolving Vudoo’s interactive video technology.

Keep reading here.—EC

Together With Writer

Sephora.com circa October 2000

Sephora.com via Internet Archive Wayback Machine

Before TikTok tutorials and next-day delivery, there was Sephora.com. Launched in 1999, it transformed beauty retail—and helped make e-commerce mainstream. Step back into the early internet days and see how a bold bet became a $3.3b digital empire.

Check it out

SWAPPING SKUS

Today’s top retail reads.

Shelf unstable: The cyberattack on Whole Foods distributor United Natural Foods has led to some empty shelves and freezers at the grocer. (CNN)

Hopping on: Retailers like Walmart and Costco are banking on private label beer as more consumers look for lower-priced brews. (C-Store Dive)

Buy the way: Chinese beauty companies are looking to acquire foreign brands to spur growth as consumer spending slows in China. (Reuters)

Retail revamp: Retail Club’s AI Deepdive Retreat takes place Sept. 14–17 in Huntington Beach, California. Join retail leaders who range from AI-curious to AI changemakers and understand where AI can fit into your brand’s future.*

*A message from our sponsor.

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