Yesterday’s top retail news and most read stories.
- Target Q1 earnings miss expectations
- BJ’s one of the few retailers with positive results
- Amazon Fresh to open in NY and NJ
- Ulta launches Retail Media Network with 37M rewards customers
- and more!
Target’s Q1 Results Far Below Expectations
Tough quarter for Target, which reported a $1 billion Q1 profit yesterday … a big number, but one that was
BJ’s rides gas sales to strong Q1 results
Low prices at its fuel centers spurred people to fill up and shop inside its stores, where grocery and perishable
Amazon Fresh prepares to open first stores in New York, New Jersey
The locations, the first of several reportedly set to open on Long Island and in the Garden State, are hosting
U.S. Podcast Advertising Revenue Hits $1.4 Billion in 2021
Forecasted to Exceed $2B in 2022 and Over $4B by 2024 NEW YORK – May 9, 2022 –The explosive revenue
Marketers Set Their Sights on Brand Awareness
Also, customer acquisition is a more important objective this year than customer retention. Brand awareness is the top objective for
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.
Ulta Beauty Launches Retail Media Network, UB Media
Ulta Beauty, the nation’s largest beauty retailer, today announced the launch of its retail media network, UB Media, to offer brands addressable advertising leveraging its Ultamate Rewards members, the biggest community of beauty enthusiasts in the industry. This new capability will deliver a winning digital strategy for brand partners to personalize consumer engagement, drive growth, and fuel measurable returns.
