Check out the Trending Topics of the week.
- Delivery
- Associates
- Executive moves
- Supply Chain
- Amazon
- Partnerships
- Results and Investment
- ESG & Sustainability
- Brick and Mortar
(click on the topic link to read more)
Last week’s most read and most interesting stories.
- (Lack of) Consumer confidence
- Walmart gains on Amazon
- Walmart, Target results hits below expectations
- Brand awareness, Digital Ad spend are big
- Ulta launches Retail Media Network
- And more!
Flink, the German instant grocery upstart, snaps up France’s Cajoo for ~$93M, takes fresh Carrefour funding, sources say at $5B valuation
Instant grocery startups sprang up and grew like weeds during COVID-19, fueled by consumers opting to practice social distancing and ready to order their food and sundries at the tap of an app, and VCs seeing an gap in the delivery market that had yet to be definitively filled. Now, perhaps inevitably, comes the consolidation.
Marketers Set Their Sights on Brand Awareness
Also, customer acquisition is a more important objective this year than customer retention. Brand awareness
US Digital Ad Spend Grew Faster Last Year Than At Any Point in the Previous 15 Years
Digital ad spend swelled by 35.4% year-over-year in 2021, representing the fastest growth rate since 2006 and almost 3 times the rate (12.2%) from a year earlier, according to the IAB.
The 2022 CNBC Disruptor 50 list: Meet the next generation of Silicon Valley
CNBC reveals the 2022 Disruptor 50 list, start-ups that innovated through pandemic and are poised
Walmart reports big earnings miss as higher costs, supply chain eat into profits
The discounter said the significant jump in fuel prices, higher labor costs and aggressive inventory
