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Wonder Buys Media Company Tastemade for $90 Million

Retail TouchPoints

Walmart in February 2024 , and in March 2024 Wonder raised $700 million and announced plans to operate 90 physical locations by the end of 2025. This latest deal will provide Wonder with a content studio that has been producing both short- and long-form food and cooking videos since 2012.

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Tokyo Olympics: Will Changes and Challenges Put Retail Off its Game?

Retail TouchPoints

At the 2016 Summer Games, the IOC and local organizing committee generated $31 million in revenue on retail sales of over $300 million , according to an IOC report, and the 2012 Games in London generated $119 million in revenue on almost $1 billion in retail sales. Bryan Wassel, News Editor. shoppers still need a bit of a nudge.

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How Small and Local Marketers can Take Advantage of the Metaverse

Retail TouchPoints

This generation of “Super Creatives” are more likely to engage in social commerce than older generations. Dedicating time to learn about, plan and spearhead new initiatives may be quite difficult. They can help you plan and execute experimental initiatives, like a metaverse offering or advertisement.

Marketing 344
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Knobby founder talks e-commerce trends and global expansion

Inside Retail

How is that going, and what are the next steps you’re planning to take in this space? IR : You’ve consistently been at the forefront of e-commerce trends, from embracing the subscription model back in 2012 to exploring circular design principles more recently. IR : What are your plans for Knobby in 2024?

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Inside the Metaverse Mania: Experts Identify 4 Key Challenges and Opportunities

Retail TouchPoints

Brands must begin to wrap their heads around these immersive virtual spaces and plan their corporate metaverse strategy or run the risk of falling behind.”. In 2012, 94% of teens had Facebook accounts, but in 2021 just 27% of teens said the same. What’s really fascinating though is that as of as of November 2021, 51% of U.S.

Consumer 298
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Always-On Shopping Fuels Brand Advertising as a 24/7 Sales Force

Rangeme

Worldwide, the average consumer between the ages of 16 and 64 spends 145 minutes per day on social media. 1 Daily time spent on social networking by internet users worldwide from 2012 to 2020. social commerce sales rose 35.8% Experts predict social commerce sales will reach $79.64 January 2021.

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Spring Fair looks ahead to 2025 following a buzzing show

A1 Retail

Communication and planning with the event organisers, Hyve has been seamless. Ginny Major, eCommerce Home & Living Category Manager, TikTok Shop Global said “Collaborating with Spring Fair has been essential in educating the industry about the value of TikTok Shop and the future of social commerce.

Fashion 59