The Modern Retail Podcast

Fragrance continues to dominate the beauty sector in 2026, but it's increasingly showing up as a differentiator in other sectors like personal care and household essentials.This week on the Modern Retail Podcast, special projects editor Melissa Daniels speaks with Diana Melencio, general partner at XRC Brand Capital Fund, about the ways companies are using fragrance to set themselves apart.“On the shelves of Target and Walmart in the traditional laundry and household cleaning aisles, you're going to start seeing more premium products that have that differentiated scent architecture," Melencio said.Melencio, who is actively looking to invest in the space, has looked at the growth of fragrance and highlights how companies like genderless fragrance company DedCool and sanitizer brand Touchland are commanding elevated prices and prime retail spots in places like Sephora. At the same time, legacy companies like Unilever are ramping up their fragrance opportunities while trying to ensure that they're not alienating price-conscious consumers.XRC's research shows that fragrance grew 15% in mass and 5% in prestige in 2025, which outpaces every other beauty segment. Melencio and Daniels discuss the ins and outs of why fragrance has become so popular and how brands across categories are looking to capitalize on the trend.Their conversation gets into:

Why price-conscious consumers are willing to pay a premium for elevated fragrances

The challenges that conglomerates have in innovating around scent-based products compared to startups

What some of the trendiest scents are in 2026 and how perfumers suss out what's the next big hit

In an era where a brand's reputation is tethered to the relentless cycles of social media, silence is no longer a defensive strategy for brands and can even become a liability.

In this episode of the Modern Retail Podcast, senior reporter Gabi Barkho is joined by crisis PR consultant Sam Gauchier to break down why the old-school public relations tactic of trying to sweep a major scandal under the rug is increasingly failing major brands.

The latest example came this week, when Target quickly scrambled to do damage control after one of its children’s Halloween costumes was called out for its depiction of blackface. Neutrogena is also facing backlash in the wake of former ambassador Hayden Panettiere’s death, with many scrutinizing the brand’s 2015 decision to sever ties with Panettiere after she discussed her postpartum depression experience. The criticism continued even after Neutrogena issued an apology.This week's podcast episode digs into:

Whether "canceling" a brand is actually possible today.

Why there is more pressure on brands to address consumer criticism head on.

Whether boycotts can hurt businesses in the long run.

This year, back-to-college spending is estimated to cross $100 billion for the first time, according to data from the National Retail Federation. About $14 billion of that, or about $194 per shopper, is in dorm and apartment furnishings.

It’s the second-highest category after electronics, and some data suggests it's growing: Research from CTV ad platform MNTN last year shows that advertisers in dorm-adjacent categories saw average revenue grow 73.65 year over year during the peak purchase window in July.

One of the companies at the center of these trends is Urban Outfitters, which has made a concerted effort to grow its furnishings business in recent years. The company's head of merchandising for non-apparel, Karen Booker, joined special projects editor Melissa Daniels on the Modern Retail Podcast this week to dive into how the company has evolved in this space.

For many founder-led brands, the transition from a scrappy, bootstrapped startup to a major retail player is the ultimate test of sustainable growth. For some, that means taking on more debt or venture capital; for others, it means bringing on private equity investors to shoulder the costs.

This week, senior reporter Gabi Barkho is joined by Andrea Faulkner Williams, co-founder and president of baby care brand Tubby Todd, to discuss her strategic decisions behind that evolution. After launching in 2014 and spending years building the brand through a DTC community-driven approach, Tubby Todd sold a majority stake to private equity firm NexPhase Capital in 2022. Since then, the co-founders have remained in leadership roles and continue to grow the brand in retail, with a Target launch earlier this year.

This episode of the Modern Retail Podcast pulls back the curtain on why Tubby Todd’s founders chose that specific path, how the infusion of capital has fundamentally altered their operational strategy and how the partnership helped scale from DTC to mass retail.

In this episode, Williams discusses:

Her personal relationship with private equity capital and how it shaped Tubby Todd’s growth trajectory.

How founders can weigh the pros and cons of working with private equity firms.

What the NexPhase Capital investment means for Tubby Todd’s retail strategy in the coming years.

Once Upon a Farm is on a growth trajectory that is powered in large part by a new look in the baby aisle.

The brand, founded in 2015, offers organic, cold-pressed baby food and children's snacks. It went public in February after spending the past several years building up a unique wholesale strategy that places branded coolers in baby food aisles. The company ended 2025 with more than 3,400 coolers in grocery stores across the U.S. and is looking to surpass more than 5,000 by the end of 2026.

Overall, the company saw net sales hit $85.4 million in the second quarter of 2026, an increase of 42.3% from the prior year, according to its second-quarter earnings released Friday.

But the cooler strategy is a major part of the growth story, per chief marketing officer Katie Marston. She joined special projects editor Melissa Daniels on the Modern Retail Podcast this week to discuss the strategy and how the brand convinced retailers like Target, Walmart and Kroger to place branded coolers in their baby aisles. The result is a way for Once Upon a Farm to shake up a category long dominated by shelf-stable products.

“If we are going to create systemic change in children's nutrition, if we are going to shape the future of food, you have to place big bets, and you have to stick with them," Marston said.