Kroger Countersues Albertsons in Wake of Failed $25B Merger
Joe Keenan
Kroger countersued Albertsons on Tuesday, escalating a legal battle between the companies following the collapse of their proposed $25 billion merger in December. Albertsons terminated the merger immediately after courts blocked it and sued Kroger, alleging a breach of contract that led to the deal falling apart. Albertsons …
Building a Retail Media Business: Challenges to Overcome and Solutions to Employ
Diana Abebrese
Retail media is one of the fastest-growing advertising channels. Estimates from eMarketer anticipate that U.S. retail media ad spending will increase by 88.5 percent from 2024 to 2028. This growth will bring significant investment from retailers as they expand their marketplace offerings. However, unchecked excitement …
Beyond Sells Majority Stake in Zulily for $5 Million
Marie Albiges
Beyond, the parent company of Bed Bath & Beyond, buybuy Baby, Overstock, and Zulily, announced Tuesday it was selling off its Zulily brand to Lyons Trading Company for $5 million. Beyond will keep a 25 percent stake in the brand, according to a press release. …
Shoppers Expect Omnichannel, Personalized Experiences — Does Your Brand Have What it Takes?
Amit Patel
Buyers today are demanding seamless, connected retail experiences that integrate online and offline channels. In fact, 73 percent of retail consumers are now categorized as omnichannel shoppers. Furthermore, these shoppers want brands to deliver highly customized, relevant interactions — with 60 percent saying they’ll become …
Critical Apple Mail Changes & When They’ll Impact Marketers
Roop
Apple’s iOS 18 update includes the most impactful changes to Apple Mail since their 2021 rollout of Mail Privacy Protection. However, the adoption of these features are on two very distinct and separate timelines. …
Forever 21 Files for Bankruptcy for Second Time in 6 Years
Kristina Stidham
Forever 21’s U.S. operating company on Sunday filed for bankruptcy for the second time in six years and said it would wind down its domestic operations, hurt by mounting online competition in the fast-fashion sector and weak mall traffic, reports Reuters. It blamed the situation …
How Retailers Can Overcome the $1.7 Trillion Inventory Distortion Problem
Jessica Grisolia
Inventory distortion is a critical problem for retailers and, if left unaddressed, it will only worsen. The term refers to the total business costs resulting from both overstocking and stockouts. Just last year, the cost of inventory distortion in retail amounted to $1.7 trillion worldwide. …
CVS to Open Smaller Format, Pharmacy-Only Stores
CVS is focusing on the health side of its business by launching a handful of pharmacy-only, smaller format stores, multiple news outlets reported. The dozen or so stores — expected to open later this year in select, unnamed locations — will come without the snacks, …
Tackling Return Fraud: How Retailers Can Protect Themselves in the E-Commerce Era
Helen Scurfield
Return fraud has become a major concern for retailers, costing the industry in the U.S. an estimated $103 billion in 2024, or 15.14 percent of all returns. As online shopping continues to grow, fraudulent returns are becoming increasingly sophisticated, posing significant financial and operational challenges …
How a CDP enables brands to know their customers and build trust using identity resolution
Find out what identity (ID) resolution is, how it helps unify customer identities to enhance personalization and engagement, and how a CDP enables identity resolution for better customer insights and targeted marketing …
