Lowe's brings all retail media under One Roof

Lowe’s brings retail media in-house

Lowe's One Roof Media Network provides advertising opportunities through its marketplace, and all of the home improvement outfit's retail media operations will now be under it. While Lowe’s will maintain partnerships with Criteo and Yahoo, One Roof will now have a bigger in-house team. This will provide additional experts to work with brands on campaigns, and comes with new capabilities to leverage first-party data.

Zappos adds box-free returns dropoff at Whole Foods

First, there was BOPIS. This partnership between Amazon companies signals the rise of BORIS, or Buy Online Return in Store. Customers can return Zappos.com orders at Whole Foods without a box or label. It gives customers an option to combine errands, and helps relieve pressure on Zappos logistics.

Amazon Monitron turned fulfillment downtime into business upside

Amazon CEO Andy Jassy posted about yet another example of how Amazon turned a cost center turned into a new business line. AWS invented an orange sensor to solve problems related to downtime of logistics conveyor belts. Now, Amazon sells the Monitron to other retailers.

Consumer sentiment brightens to highest level since April

Consumers are kicking off the year in a slightly better mood for buying. Consumer sentiment was up 8% on the University of Michigan’s first reading of the month. Inflation expectations also improved to levels not seen since spring 2021 – before prices began their upward march.

The Week Ahead: Fancy Food Show, Retail sales, Amazon layoffs begin

We’re kicking off the week at the NRF Big Show. Reach out to Editor Stephen Babcock ([email protected]) to say hello. Later, we’ll get holiday retail sales data for the U.S., a bellwether earnings report from P&G and Amazon will start making layoffs that are expected to affect 18,000 jobs.

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