Retail Brew // Morning Brew // Update
Aldi has a store in Midtown Manhattan.

It’s June 29, and on this day in 2007, the iPhone first went on sale. Behold Apple’s original press release for this new fangled smartphone, which had to describe the unlikely scenario of a device not having a keypad, thanks to “pioneering new software that allows users to control iPhone with just a tap, flick, or pinch of their fingers.”

In today’s edition:

—Erin Cabrey, Natasha Piñon

✢ A Note From Toast

*Toast conducted a blind survey from 4/3/2026-4/20/2026 of N(eff)=127 U.S.-based SMB (16 or fewer locations) grocery store decision makers. Respondents were not made aware that Toast was fielding the study. Panel providers granted incentives to respondents for participation. Weighting was applied based on POS tech use to achieve the expected distribution, which may increase variability. Using a standard margin of error calculation, at a confidence interval of 95%, the margin of error is approximately +/- 9% for the grocery operator subgroup.

         
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