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We exclude the following consumer categories from our definition of total retail and ecommerce sales: food services and drinking place sales (i.e., restaurant sales, restaurant delivery ordered online); travel sales; event ticket sales; payments such as bill pay, taxes, or money transfers; gambling and other vice good sales. Mercado Libre.

On today's podcast episode, in our "Retail Me This, Retail Me That" segment, we discuss what's fueling the non-endemic retail media fire, how to do non-endemic advertising the wrong way, and how success is measured. Join our analyst Sara Lebow as she hosts vice president of content Suzy Davidkhanian and analyst Sarah Marzano.

Consumers have shifted more their spending to dining out: But while restaurant industry sales are expected to rise 6.4% this year, the industry faces several challenges.

Sick of disappointing retail news? So are we. Just like we’re sick of paying $6 for a carton of eggs. Some good news: US employers added 30,000 retail jobs in January, offering a big boost after a sluggish second half of 2022, when retail jobs fell for three consecutive months from September to November and were stagnant in December. Here are some more positive indicators.

We expect retail sales in India to grow 11% this year: That’s enough to make it the fastest-growing market in the world, which is one reason Amazon is investing in the region.

So Rachel Chang of Condé Nast Traveler notes that Austin-based travel research company Upgrade Points surveyed over 3000 US passengers in nearly every state this summer, asking them to identify their top seat section on a Boeing 737, 800 airplane seat map, which is a single aisle and it has a two and two configuration in first class and a three and three configuration in economy.

On Tuesday, Microsoft announced it would use the same plug-in standards as OpenAI, meaning plug-ins can work across ChatGPT, Bing Chat, and Microsoft 365 Copilot. Microsoft is focusing on plug-ins as the future of its OpenAI partnership, and for good reason.

Amazon’s revenues rose 9% in Q4: While the company’s highly profitable retail media business continued its upward trend line, ecommerce sales fell 2% YoY.

Malls are struggling to stay profitable as consumer behaviors change and shopping moves even more online. While foot traffic and occupancy rates are down, there are some opportunities for growth. By changing up their retail mix and mastering the omnichannel experience, malls can regain relevance among shoppers.

I will leave you with for global tourism. One in 10 jobs are in tourism around the world and it is 10% of our economy, global economy. Marcus Johnson:. Very nice, very good indeed. Blake, you're up. Blake Droesch:. I've been watching a lot of James Bond movies recently and a lot of James Bonds, most specifically Daniel Craig, they tend to bumble a lot.

Retail media has been buoyed by consumer packaged goods companies and grocery brands looking to get their products in front of shoppers closer to the point of purchase. But now, other categories are looking to join the party: nonendemic advertisers.

I noticed my kids both just travel with their phone, but they have a little sort of thing in the back of their phone that they can keep credit cards and their driver's licenses in, so it's on their phone itself. Carina Perkins:. Yeah, that's useful. We don't have to carry a driver's license with us in the UK, we just have to present it within seven days if asked for it. Rob Rubin:. That's different.

Other major events as well, as well as travel coming back to a certain extent. But yeah, we're expecting about an 8% growth for their ad revenues this year. Evelyn Mitchell-Wolf:. Yeah, and search will continue to make up the majority of Google's ad revenues. And then we could have a whole episode on what's going on in the search ad market.

They pointed to travel and retail as the reasons why. And Google search and other that line item still accounting for 75% of Google's total ad revenue. So the numbers look pretty good. However, let's talk about another line item. YouTube experienced its third consecutive. You sound furious with it. Yeah, let's talk about that. Evelyn Mitchell:. I need a middle name for YouTube. Marcus Johnson:.