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Walmart, Target Maintain Upward Omnichannel Trajectory in Q2 2021

Retail TouchPoints

Walmart’s ecommerce sales were up 103% from Q2 2019. Walmart also noted that its advertising business was strong globally, with sales nearly doubling in the U.S. The high-margin nature of advertising provides a powerful foundation that may help Walmart solidify its lead in low-margin areas like grocery. compared to 2020.

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Amazon Generates 11% Revenue Boost in Q2, Forecasts Strong Q3

Retail TouchPoints

Amazon’s financial results for Q2 2023, which ended June 30, reveal that its investments in product expansion, fulfillment capabilities and new ad offerings have helped it beat initial projections. Prime members the next or same day — nearly 4X the number of units delivered at those speeds in 2019. billion , up from $121.2

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Target Schedules Deal Days for Oct. 13-14, Extends Black Friday Throughout November

Retail TouchPoints

Target is further adapting to the extended holiday season with the addition of nearly 1 million more promotions than in 2019, as well as extending Black Friday throughout November. Target plans to handle the uptick in holiday shopping, particularly in online fulfillment, by hiring an additional 130,000 associates for the season.

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How the Explosive Growth of Shoppable Ads will Impact Pricing and Spending

Retail TouchPoints

What should advertisers be aware of when investing in this format? Come Q3, each month was increasingly negative for paid search spending by the biggest advertisers through the biggest agencies. These shifts mean shoppable ads are perfectly positioned to meet the moment for both consumers and advertisers.

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Michaels Prepares Marketplace Offering to Offer More Than ‘Just Coupons and Discounts’

Retail TouchPoints

The retailer also is currently seeking third-party solution providers in areas including payment processors, order management and shipping and fulfillment. Moore’s stores and intellectual property during the company’s 2019 bankruptcy. Moore , recently announced that it was acquired by “one of the largest companies in our industry.”

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Save Mart Embraces Retail Media, Smart Carts with Expanded Instacart Partnership

Retail TouchPoints

Save Mart also will upgrade to Instacart’s Storefront Pro in order to add advertising to its ecommerce storefront. ” Building the Save Mart Companies’ Omnichannel Portfolio Instacart and the Save Mart Companies first partnered in 2019 to launch same-day delivery across all of the grocer’s brands.

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Amazon investors eye revenue, cloud growth and retail margins ahead of earnings

Inside Retail

” Investors are also looking to see how Amazon’s advertising business intersects with more language models and generative AI. The company’s advertising business was seeing “robust growth” due to its machine learning investment, Chief Executive Andy Jassy said in the first-quarter earnings call.