WM Head Exits | Amex/Lulu Team | Port Peak
American Express Platinum Card now $895 annually – benefits include $300 to use at Lululemon at AP
Amazon Aims to Grow Ad Sales Further by Automating Creation at WSJ. “The results can run across Amazon’s ad inventory, including commercial breaks on the Prime streaming service and ads on outside websites sold through the company. The ads may run on platforms that have deals with Amazon, including Disney, Roku and, as of last week, Netflix. Creative Studio content also appears on sellers’ brand store pages or product listings.” WSJ subs.
Rachel Brand to leave Walmart as chief legal officer in January at Talk Business
Surge of Imports Into Southern California Ends at WSJ. “Gene Seroka, executive director of the Port of Los Angeles, said he expects cargo volumes to fall further in September and October because retailers have brought in most of their year-end merchandise to get ahead of tariffs. “We’ve already seen the peak of the peak,” Seroka said.” WSJ subs.
Meta unveils new Ray-Ban smart glasses for $799 at TechCrunch
Best Buy hosted an upfront-style event on Sept. 16 to pitch brands and agencies on new and existing retail media offerings. Top execs including CEO Corie Barry, Best Buy Ads president Lisa Valentino, and CMO Jennie Weber touted new integrations with demand-side platforms, in-store ad formats, and partnerships with sports leagues to prove its value to advertisers. “Technology is an enabler of culture,” Valentino told ADWEEK ahead of the event. “We have the right to play on the culture stage because technology enables so much of what’s happening in culture. Adweek subs.
Salesforce: US online holiday sales growth to slow as shoppers tighten budgets at Reuters/Yahoo. “Salesforce projects online spending between November 1 and December 31 to rise 2.1% to $288 billion, lower than a 4% increase to $282 billion in the same period last year.” Read more
Even Yogurt Is at Risk in RFK Jr.’s Fight Against Processed Food at Bloomberg. “Just in the yogurt aisle alone, some products could escape without a label, while others could be grouped with hot dogs and cookies….Greek yogurt…is now in nearly 74% of US households…” Bloomberg subs.
From Skechers to Foot Locker: Tariff chaos spurs record-high footwear, apparel deals at Reuters. “Bankers say to watch for more tie-ups later this year as stronger retailers look for more deals and more struggling companies look for partners. Private equity firm Bain Capital is trying to offload its stake in Canada Goose and Lands’ End has received offers from brand management firms.” Reuters subs.
Amazon to end “commingling,” a behind-the-scenes inventory practice that has drawn criticism from brands and sellers for more than a decade at GeekWire
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