Rundown: Amazon's effective cost-cutting, E.l.f.'s growing momentum & Diamond Crystal's rebrand

On this week’s episode of the Modern Retail Rundown, the staff dissects various news coming out of the retail industry.

This was a busy week for earnings reports -- and we’ll start out by breaking down Amazon’s blockbuster quarter following mass layoffs. Next, we take a look at E.l.f.'s hyper-growth path, courtesy of Gen Z adoration. And lastly, a look at how Diamond Crystal is trying to position its kosher salt to home cooks.

Stories cited:

https://www.cnbc.com/2023/08/03/amazon-amzn-q2-earnings-report-2023.html

https://www.modernretail.co/technology/why-amazons-grocery-delivery-efforts-have-fallen-flat/

https://www.barrons.com/articles/elf-earnings-stock-price-c475322e

https://www.glossy.co/beauty/e-l-f-beauty-carves-out-skin-care-as-fourth-portfolio-brand/

https://www.nytimes.com/2023/08/01/dining/diamond-crystal-kosher-salt.html

https://www.thekitchn.com/trader-joes-diamond-crystal-kosher-salt-23549559