Ryan Mayward, senior vice president of retail media sales at Walmart Connect, shared three ways retail media is evolving and how Walmart is keeping up on our Reimaging Retail podcast.
Shein’s efforts to woo US lawmakers, NRF fall on deaf ears: The fast-fashion giant could shift its IPO to London as it tries to head off supply chain scrutiny.
Economic pressures reduce marketing budgets as percentage of revenues: CMOs respond by prioritizing AI to enhance efficiency and ROI.
Apple isn’t bargaining in good faith, allege retail workers: As a result, associates voted to authorize a strike that could cause lasting damage to the tech giant.
India’s growing middle class is fueling a luxury boom: Luxury sales are expected to post 15% to 25% annual growth over the next seven years, per Barclays.
OpenAI unveils desktop option for ChatGPT and latest GPT-4o model: It’s offering the latest upgrades for free. A short-term revenue hit could be worth longer-term site traffic.
Travel demand accelerates: 43.8 million people will travel over the Memorial Day travel period, a 4% increase over last year and the highest number in nearly 20 years.
The back-to-school season generates revenues brands and retailers count on, as the second-highest shopping volume of the year ahead of holiday. This year, though, back-to-school growth will be harder to come by as spending in key channels slows.
Target won’t sell Pride Month merchandise in some stores: The move comes at a time when right-wing groups are pushing shareholders to scrutinize companies’ DEI and ESG efforts.
Amazon expands into new markets: The retailer opens its marketplace in South Africa, and plans to launch an Irish version of its platform next year.
Planet Fitness lowers outlook while wealthy shoppers buoy Life Time: The two companies’ diverging earnings highlight the growing rift between cost-conscious and affluent consumers.
Profitability proves elusive for Gopuff: The company lost $400 million last year as initiatives like its ad business failed to cover its hefty operating expenses.
This milestone opens Mastercard up to a massive new market and gives it a competitive edge against Visa. But it will face stiff domestic competition
The report claims issuers create misleading marketing materials and block or delay earned benefits. Issuers are already fighting back
The alt-credit model can help expand financing to credit invisibles, which should help boost account openings
On today's podcast episode, we discuss how Amazon was able to sell even more things online, how their ad business is getting on, and whether the retail giant is right to keep focusing so much on delivery speed. Tune in to the discussion with our director of Briefings Jeremy Goldman and analyst Zak Stambor.
For many consumers, Mother’s Day is a time to celebrate the moms in their lives and treat them to something special. However, for others, it can be an emotionally challenging time. “Over the past few years, I’ve seen more and more people comment on Mother’s Day campaigns about how it is triggering for them, reminding them how they’ve lost their mother or mother figure,” said Shianne Smalling, senior manager of growth marketing at New York City-based bakery, Levain.
A few of the company’s biggest tie-ups are up in the air—losing them could be devastating to Affirm’s future business
But a slowdown suggests the company can no longer rely on its verticalization angle to stand out from competitors
This will help it stay competitive with other providers that have launched similar AI features