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Thank you to @thecurrentecom for featuring me and @EricaAarons in today's newsletter! 🥹
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This week's deals in commerce:
New funding for @rembeauty @primerootsfoods @checkmatesaves @datasembly @LacedHQ
@FTDflowers and @FromYouFlowers merge thecurrent.media/rem-beauty-…
This week's funding + M&A news in commerce:
@eightfig raises $140M
@ebay Ventures invests in @the_volte
@Lolewomen acquires @EpoqueEvolution thecurrent.media/who-owns-bi…
Week ahead in commerce:
-@Target, @Walmart report earnings
-US retail sales for April
-@P2Pinstitute gathers industry leaders in New Orleans thecurrent.media/home-depot-…
Retail media isn't just taking place on ecommerce marketplaces anymore.
Macy's and The Trade Desk are teaming to make shopper audiences available across the web. thecurrent.media/macys-the-t…
This Week in Commerce:
Earnings: Coty, Allbirds, Warby Parker, Hostess
Economic data: Inflation rate, consumer sentiment. thecurrent.media/this-week-i…
The advertising momentum keeps growing at eBay
Ad revenue was up 23% in Q1, while promoted listings drove 31% growth in first-party.
CEO Jamie Iannone said it came after the marketplace made upgrades in relevance and CPC. thecurrent.media/ebay-ads?sh…
Key hiring moves in commerce this week:
Top consumer tech marketing leaders make the jump to consumer goods via @levis @farfetch
@Vuori and @CanadaGoose make a series of C-suite hires
@JCPenney promotes a chief customer officer thecurrent.media/levi-s-cmo?…
This week's top deals in commerce:
Walmart sells @Eloquii
ABG is adding @Vince to its portfolio
@Hershey is bringing on a pair of popcorn manufacturing facilities.
Plus, there’s new funding for @getrallyon and an American super app. thecurrent.media/walmart-elo…
This Week in Commerce:
Amazon and the big CPGs report earnings
Q1 GDP and consumer confidence data
ChargeX gathers the industry in DC thecurrent.media/amazon-q1-2…
The US consumer is "holding up well," @ProcterGamble executives said
The CPG is tying price increases to innovation, and found better than expected results on volume. thecurrent.media/procter-and…
Ikea's massive store expansion plans underscore a key point about ecommerce growth after the pandemic boom:
Big box stores are becoming fulfillment centers, too. thecurrent.media/big-box-ret…
Nearly half of US consumers have made a purchase through social media, @Mintel found.
But platforms remain in the experimental phase of social commerce, while trust and data security are key issues for consumers. thecurrent.media/us-social-c…
Key decisions on link placement will have a big impact for social commerce:
Instagram is allowing multiple links in bio
YouTube is opting for an affiliate program over product tagging thecurrent.media/instagram-l…
This week's hiring moves in commerce:
@Nordstrom names tech chief
The @HomeDepot promotes a head of retail media
New CFOs at @Hasbro, @RenttheRunway thecurrent.media/nordstrom-c…
A big win for mobile commerce:
@KingJames-fouded athlete empowerment brand @uninterrupted partnered with @Tapcart to build a new mobile app, and grow DTC. thecurrent.media/lebron-jame…
Bonobos didn't fit into Walmart's flywheel.
Here's what that says about the ecommerce strategy at the world's largest retailer. thecurrent.media/walmart-bon…
US retail sales growth slowed in March to 2.9%, with particular retrenchment observed in categories with big ticket items.
It comes amid signs that people are worried about inflation sticking around at a higher rate this year.
thecurrent.media/us-retail-s…


