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News

Modern Retail
modernretail.co > marketing > walgreens-says-its-focused-on-higher-peforming-ad-placements-as-it-tries-again-with-digital-screens

Walgreens says it's focused on 'higher-performing' ad placements as it tries again with digital screens

3+ day, 6+ hour ago   (461+ words) Walgreens wants to make digital in-store ad placements a bigger part of its retail media business. Looma has a network of more than 7,000 screens across 10 banners, reaching 13 million unique shoppers per month at retailers including Kroger, H-E-B, Harris Teeter and…...

Modern Retail
modernretail.co > operations > reformation-says-active-customers-grew-23-in-first-public-earnings-report

Reformation says active customers grew 23% in first public earnings report

3+ day, 6+ hour ago   (478+ words) “We have now delivered 21 consecutive quarters of double-digit revenue growth,” Reformation CEO Hali Bornstein said during the earnings call. Net revenue during the second quarter grew 24% compared to the prior year, hitting $155.2 million. Net income was $12.4 million. What’s more, active…...

Modern Retail
modernretail.co > technology > instacart-launches-custom-ai-assistants-for-retailers-and-its-own

Instacart launches custom AI assistants for retailers, and its own

4+ day, 21+ hour ago   (587+ words) “We’re not sharing the same level of data with OpenAI as we would with the shopping assistant embedded on our platform,” Hamburger said. “Obviously, we want to make sure that data remains a competitive advantage for us and for our…...

Modern Retail
modernretail.co > marketing > how-11-retail-media-networks-are-trying-to-differentiate-themselves-to-advertisers

How 11 retail media networks are trying to differentiate themselves to advertisers

6+ day, 6+ hour ago   (1351+ words) Advertising events company Ascendant Network on Wednesday held Showcase, a retail and commerce media upfront for commerce media networks, ad agencies and brand marketers. It featured 15 presentations from the advertising businesses of retailers, financial companies and e-commerce platforms, from The…...

Modern Retail
modernretail.co > marketing > ace-hardware-adds-influencer-doordash-and-weather-features-as-it-builds-out-a-retail-media-strategy

Ace Hardware adds influencer, DoorDash and weather features as it builds out a retail media strategy

1+ week, 5+ day ago   (643+ words) Almost one year into its existence, Ace Hardware’s retail media network, RedVest Media, just announced a slate of new features for advertisers as part of an upfront event last week. RedVest Media launched last October and is now working to…...

Modern Retail
modernretail.co > operations > the-big-business-of-dorm-decor-with-urban-outfitters

The big business of dorm decor with Urban Outfitters

3+ week, 2+ day ago   (516+ words) This year, back-to-college spending is estimated to cross $100 billion for the first time, according to data from the National Retail Federation. About $14 billion of that, or about $194 per shopper, is in dorm and apartment furnishings. It’s the second-highest category after…...

Modern Retail
modernretail.co > technology > walmart-extends-scintilla-data-platform-to-sams-club

Walmart extends Scintilla data platform to Sam's Club

3+ week, 3+ day ago   (521+ words) Walmart plans to expand its first-party customer data platform, Scintilla, to Sam’s Club in the U.S. next year, the company said. This has been one of the top requests from the company’s suppliers, Walmart CFO John David Rainey said in…...

Modern Retail
modernretail.co > sponsored > ai-is-changing-retail-commerce-integrations-but-it-isnt-vibe-coding

AI is changing retail commerce integrations, but it isn’t vibe coding

3+ week, 5+ day ago   (528+ words) However, the risk shrinks significantly when AI is layered on top of a platform that has controls, security and auditability built into its foundation. When that happens, AI configures settings within a governed structure rather than generating the automation from…...