The soup’s hot… Campbell's is set to report Wednesday, and the 153-year-old canned-soup icon's been on a roll since shoppers started snapping up pandemic pantry staples. Before Covid, its sales were falling. In Q2, its sales grew 12% as consumers kept stocking its snacks like Goldfish and Milanos, despite price hikes (FYI: half of US consumers now eat 3+ snacks/day). But as Big Foodies like Campbell, Pepsi, and Kraft get accused of profit-padding prices, snackers could scale back on brand names.
Never an outfit repeater… Rent the Runway could drop ’Gram-worthy results this week as shoppers pay to rent their fits and keep things fresh. In April, RTR posted record revenue and subscribers after adding an extra item to its monthly subscription. Meanwhile, Urban Outfitters' Nuuly rental service more than doubled sales last year, and Urban thinks it could become a $1B biz. While RTR has yet to turn a profit, rentals are trending up: the value of the digi-fashion rental market is expected to 2X to nearly $3B by 2030.