With seemingly everyone jumping onto retail media, it may feel too late or intimidating to grab a piece of the pie. But that’s not the case, according to Jason Farver, Hy-Vee’s executive vice president, chief supply chain officer, and president of RedMedia.
Zulily is shutting down for good: The company’s end marks the final chapter for the post-Great Recession boom in ecommerce sites that drove shoppers to hunt for deals.
Starbucks is open to reaching a deal with unionized workers: The coffee company proposed restarting talks with Starbucks Workers United in January as pro-union sentiment stays strong.
Investors reportedly bid $5.8 billion to take Macy’s private: Selling off the retailer’s valuable real estate and Bluemercury could unlock short-term value but at a significant long-term cost.
Amazon moves to dismiss the FTC’s antitrust suit: The retailer says its business practices are helping to increase competition and lower prices, despite competitors’ claims otherwise.
In part one of this two-part podcast episode, we discuss some predictions for 2024 that are too specific to be 100% certain about but could still come true, including: which subscription video-on-demand (SVOD) platform Apple will likely buy, where metaverse playgrounds will spring up, and what the ruling between Google and the US Department of Justice will be. Tune in to the discussion with our vice presidents of content Suzy Davidkhanian and Paul Verna and analyst Max Willens.
Apple is planning a foldable device. Samsung wants a piece: It could release an iPhone or iPad/MacBook hybrid in 2026 as it seeks to make its mark on the foldable field.
The unstoppable retail media: Spending in this channel is going up as advertisers keen on first-party data shift more marketing funds to retailers
Regulators examine its $13 billion deal with Microsoft and potential control issues. Focus on billion-dollar AI deals will likely intensify.
EU finalizes world’s first comprehensive AI regulations: Rules for AI companies pave the way for future regulatory frameworks around the world but are met with mixed reception.
While in-store is the No. 1 way Gen Z discovers clothing, 39.0% of US Gen Z clothing buyers have used social media to discover new apparel brands or products over the last six months, according to our September 2023 survey.
After facing regulatory scrutiny for some major missteps, it plans to focus on other areas of business—and that’s one less lender in the shrinking student loan market.
The remittance provider is betting consumers still want to send transfers in person despite growing digital adoption
The rollout of Bitkey highlights the payment provider’s confidence in the asset—but others still aren’t convinced
The ecommerce giant will stop accepting the payment method, a huge setback in PayPal’s journey to monetize Venmo
Black Friday sales totaled $9.8 billion this year, according to Adobe Analytics, just below our June 2023 forecast of $10.4 billion.
Prime Video gets its first major advertising partner: IPG Mediabrands will get first-look access to new ad formats when Prime Video debuts ads in 2024.
Although inflation, a strong job market, and a positive economic outlook are at play, three dominant ad channels are contributing to upward US ad spend. October saw a 3.2% YoY growth for the US ad market, marking the fourth consecutive month of spending increases, according to the Standard Media Index ad market tracker.