Albertsons, Costco, and Instacart are enhancing their retail media offerings. TikTok Shop reached a $1 million livestream. And three-time consecutive first place winner Walmart is developing immersive ways to shop and catering product lines to younger shoppers. Here’s our Unofficial Most Interesting Retailers List for June 2024.
Amazon Clinic gets rolled into One Medical: We explore what it means for Amazon’s broader healthcare strategy.
Medicare rebate program lowers prices on 64 prescription drugs: The Biden administration wants to improve its election odds by touting efforts that drive Rx savings for consumers.
Walgreens plans US store closures, reduces stake in VillageMD: It’s the latest domino to fall in the US’ embattled retail health space. We predict who could be next.
In today’s episode, host Bill Fisher is joined by analysts Paul Briggs, Matteo Ceurvels, and Jasmine Enberg to discuss the pervasive nature of digital in political campaigning. How big is the disinformation problem? And are we in line for an existential AI crisis when it comes to political messaging?
The number of LGBTQ+ consumers in the US is growing, and they seek authentic inclusivity from brands trying to reach them.
The new feature addresses user demand and offers them more content-sharing options, increasing Steam Deck’s competitive edge over Nintendo’s Switch.
The clash between publishers and Big Tech isn’t over: A California bill requiring tech to compensate publishers is advancing. Meta and Google are likely to strike back.
TV representation matters: Streaming services and broadcast networks make progress in casting minorities, but there’s room for improvement.
Buying Tock will deal a blow to Chase and puts Capital One’s dining reservation partnership back in play.
Saks Fifth Avenue’s The Fifth Avenue Club is in expansion mode: The personal shopping service will have 20 standalone locations by year-end as the retailer leans into high-touch experiences.
Nike just closed one of its worst years in two decades: That’s the result of missteps including losing ground in the critical running category and leaning too far into D2C.
Its $2 trillion valuation is driven by cloud computing growth, AI investments, and strategic diversification despite lagging in AI productization—revealing a safe and steady path to longer-term profits.
New languages like Punjabi and Afar expand Google Translate’s reach, despite ongoing AI reliability concerns.
Made-for-advertising (MFA) websites, which run programmatic ads but lack quality content or engagement, account for just 2% of unique websites, but are drawing in as much as 11% of total open programmatic ad spend worldwide, according to October 2023 data from Pixalate.
Latin America retai media ad spending is set to triple by 2028: Our new report unpacks what's driving the growth as well as the opportunity for retailers.
Bosch weighs Whirlpool acquisition as it braces for weaker consumer demand until 2025: The move would enable the German company to grow its share of the market and capitalize on strong sales for smaller appliances like stand mixers.
Almost a quarter of retailers (22%) have already deployed genAI to automate customer service, with a further 25% currently trialing it.
Amazon to launch budget marketplace to compete with Temu, Shein: The retailer is copying their playbook—complete with cheap products and longer delivery times—to stay ahead in the ecommerce race.
Sam’s Club grew its Gen Z membership 68% over the past two years: Younger consumers’ growing focus on value has made warehouse clubs and their high-quality private label brands more appealing.