Retail media is in the news every week as retailers and brands worldwide expand and innovate their offerings. Retail media refers to retailers monetising their physical and digital assets by enabling advertisers to reach shoppers with targeted messages, often at or near the point of purchase. Recent examples include major …
Category: Workforce
Ikea Plans 8 New Smaller-Format Stores in 2025
Ikea will open eight new stores this year in the smaller format that it debuted in Dallas in November 2023. Building off a $2.2 billion investment in omnichannel growth, the furniture retailer is planning seven new Plan and Order Point stores with pickup locations this year; the eighth store, in …
Ulta Beauty Connects Customers to DTC Brands’ In-Store Inventory
Ulta Beauty has partnered with retail connectivity solution Lucky to make DTC beauty brands’ in-store inventory available to shoppers in real time, allowing customers to choose same-day pickup or delivery of makeup, skincare, haircare and fragrance products from Ulta Beauty’s 1,400+ stores when ordering directly on the brands’ websites. “As …
Instacart May Have Started with Grocery Delivery, but its Future is Focused on Stores
Since its 2012 debut, Instacart has made significant progress in convincing Americans that grocery shopping can be done online. The pandemic helped, of course, but that alone can’t account for the company’s impressive growth over the past 13 years. Instacart executives celebrate the company’s IPO on Sept. 19, 2023. …