Shein claims it turned a profit in the first half: With rumors of a US IPO swirling, the company says its sales volume growth accelerated and profits improved this year. (This article was written with the assistance of ChatGPT.)
Walmart sees growth opportunities regardless of the macroeconomic environment: The retailer looks to boost its international sales, improve its digital presence, and expand its retail media business.
This article originally appeared in Insider Intelligence's Retail & Ecommerce Briefing鈥攁 daily recap of top stories reshaping the retail industry. Subscribe to have more hard-hitting takeaways delivered to your inbox daily. Are you a client? Click here to subscribe. Want to learn more about how you can benefit from our expert analysis? Click here.
Brands can tap into audiences from major retail media networks, such as Carrefour and Albertsons. Pinterest, with over 465 million monthly users, offers a prime platform for advertisers, especially as users actively seek brand inspirations. Our take: The evolving economic landscape necessitates that every marketing dollar be addressable and measurable.