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Party City eyes $725M bond sale to buy it time

RetailDive

The retailer is raising new debt to pay off the old as the COVID-19 pandemic continues to weigh on sales of party favors.

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AI’s Rapid Growth Combined with Other Emerging Technologies Will Drive Greater Accessibility

Retail TouchPoints

We see this in the example of OpenAI, the creator of GPT-4 that partnered with Be My Eyes to integrate AI into virtual assistance tools. First-party data sources : Hyper-personalization efforts will need to be informed and powered by first-party data.

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Say Goodbye to Third-Party Cookies: Market Research is Here

Retail TouchPoints

Third-party cookies have been an incredibly important tool to collect incredible volumes of consumer behavior data. With governments across the world cracking down, companies like Google and Apple are changing their stance on third-party cookies. The Primary Challenge of Third-Party Cookies Let’s start here.

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Reports: Amazon Faces a 6-Day Worker Strike in April and a Class Action Lawsuit in the UK

Retail TouchPoints

Additionally, the lawsuit alleges that Amazon uses its “Buy Box” to direct customers toward its own products and third-party items that use Amazon fulfillment services. Amazon takes advantage of consumers’ well-known tendency to focus on prominently-placed and eye-catching displays, such as the Buy Box.”

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FTC Suit Claims Amazon Illegally Maintains Monopoly Power

Retail TouchPoints

The agency has had its eye on Amazon for several years, most recently filing suit in June 2023 over Amazon membership practices that made it difficult for consumers to cancel Prime memberships. Meanwhile, third-party sellers spend 50% or more of revenue for those items. This is why it’s impossible to compete head-on with Amazon.

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Nordstrom to Sell Licensed Sports Gear for the First Time Through New Partnership with Fanatics

Retail TouchPoints

Nordstrom said the partnership with Fanatics was part of its “long-term ambition for growth through increased non-wholesale models to offer customers more choices,” which raises the question — is Nordstrom perhaps also eyeing the addition of a third-party marketplace ?

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Retail Media is Omni-Funnel: How to Master It

Retail TouchPoints

When you imagine retail media’s place in a marketing funnel, do your eyes look toward the bottom? As marketers, we’re already sold on the performance advantages of RMNs: enormous sets of first-party consumer data, precise attribution and analysis, a future beyond third-party cookies.

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