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Lululemon to lay off 150 corporate staff amid struggles in North America

Retail Dive

The specialty retailer has some 39,000 employees globally , according to its 2024 annual report, filed in March. The downsizing follows an operations review that led the athleisure brand “to evolve some aspects of our organizational structure to operate with more agility and further invest in our growth,” the spokesperson said.

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Jason & Scot Show Episode 326 Retail Media Networks

Retail Geek

You know the other big advertisers that have been out there for a while are the Chinese direct to Consumer businesses right and. Impressions went from maybe 60% of the time you would see an Amazon product to sub 30 so the implication is Amazon has pulled back dramatically on this spend most their spend is on.

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Best Buy to Boosts Retail Media Insights Through New Partnership

Retail TouchPoints

Best Buy will partner with DoubleVerify , a software platform for digital media measurement, data and analytics, to improve the measurement capabilities of its Best Buy Ads retail media network. Retail media networks are a lucrative business — Walmart reported revenue of $2.1

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Back-To-School Spending Poised To Top $100 Billion Even Amid Disruption

Retail TouchPoints

Heightened competition inspiring hyperlocal, omnichannel advertising. That means both omnichannel retailers and their online-only counterparts will be vying for the same shopper dollar, creating a hyper-competitive advertising landscape. Gen Z-centric brands prioritizing digital community building.

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The Labor Shortage: Is Your Brand Simply Surviving or Thinking About its Long-Term Impact?

Retail TouchPoints

We’re accustomed to seeing large advertising and marketing campaigns this time of year, but is that the appropriate response? Her retail experience combined with her digital and branding agency experience have made her a thought leader in the consumer marketing space.

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US retailers’ members-only programs under scrutiny with Amazon lawsuit

Inside Retail

Amazon.com isn’t the only US retailer accused of using deceptive tactics to sell memberships to shoppers. From big-box chains Walmart and Best Buy to specialty retailers like Savage X Fenty and Adore Me, retailers’ subscription programs are facing growing scrutiny. The retailer reached a $2.35

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When Customers Aren’t Holiday Shopping, They’ll be Streaming

Retail TouchPoints

The winter holiday season is a critical time for retail. November and December holiday sales average around 19% of total retail sales, per the NRF , and this share can be even higher for some department stores and specialty retailers. Emarketer anticipates that holiday retail sales will grow 4.5%