Retail Brew // Morning Brew // Update
Bar Keeper’s Friend’s new lid.

Hi there. The retail world has lost an iconic inventor: Greg Hyman, co-creator of Tickle Me Elmo, died this month at the age of 78, the New York Times reported yesterday. With the giggling plush doll, Hyman created a retail phenomenon in 1996, with frenzied holiday shopping and even black market sales, revealing a version of chaotic consumerism that continues to be alive and well today—most recently in the form of the Labubu craze.

In today’s edition:

—Andrew Adam Newman, Kristina Monllos, Erin Cabrey

         
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