Marketing
22 March
Walmart extends retail media to CTV, in-store sales
Walmart DSP and Sam's Club are applying first-party data to enhance creative and measurement for advertisers.

(Photo courtesy of Sam's Club)
Walmart DSP and Sam's Club are applying first-party data to enhance creative and measurement for advertisers.
(Photo courtesy of Sam's Club)
At its core, retail media is designed to provide advertising within an ecommerce marketplace. But as this nascent area develops, it is quickly expanding beyond the retailer’s website.
This week, two entities under the Walmart Inc. umbrella announced new capabilities that illustrate where retail media can play a role in CTV and in-store sales.
Let’s take a look:
Advertising that appears on a website doesn’t only have the potential to drive online sales. It can also help to propel sales at stores.
A new capability announced this week by Sam’s Club is offering a way to measure across both channels.
The membership club announced that in-store sales can now be attributed to search ads that appear on its ecommerce site.
Sam’s Club said its Member Access Platform will use first-party data on member transactions to determine the revenue that is generated by particular search and sponsored product ads, including for purchases made in a store.
In media measurement, attribution is sought by advertisers as they seek to determine the effectiveness of a given ad or campaign, and where to direct spend in hopes of reaching more consumers. But if an ad in one place leads to a sale in another, it adds complexity to the task of assigning credit for a sale. That’s especially true of offline sales, since there is often less information on the behavior that leads up to the store-based purchase available.
“There’s a huge group of our members who see a search ad online or on their phone when shopping but purchase the product in-club. Previously, it was not possible for our advertisers to connect the in-club purchase to their online ads to know what drove sales,” said Tim Simmons, senior vice president and chief product officer, Sam’s Club, in a statement. “With our new attribution model, advertisers can understand what’s motivating purchases across all channels accurately, especially for search ads.”
With this addition, Sam’s Club said it can now offer “true closed-loop measurement” that crosses online and offline sales. The retailer said overall ROAS has increased by nearly 30% for advertisers that have added in-store sales attribution.
The new offering illustrates how digital commerce is driving both online and offline sales. Media must continue to evolve along with shopper behavior.
Alongside retail media, another fast-growing area of digital advertising is media that appears on streaming services, which is known as CTV (Connected TV). A new partnership shows there are opportunities for the first-party data that powers retail media to serve as a bridge between the store where they shop and the couch where they watch TV.
Walmart’s media arm will work with Innovid to make more personalized creative for CTV available for advertisers through the retailer’s demand side platform.
Innovid will provide “creative personalization, optimization and interactive experiences,” as well as offer ad delivery services.
The integration of Innovid’s Dynamic Creative Optimization technology is designed to improve “relevance and effectiveness” of CTV ad creative that is available on Walmart DSP, which is powered by The Trade Desk..
"Through Walmart DSP, marketers can more effectively reach Walmart's millions of customers across inventory, optimize their media spend, and connect with consumers on highly sought-after platforms like CTV and beyond," said Krista Panoff, SVP of global enterprise development at Innovid.
The partnership will allow advertisers to tap first-party data from Walmart, and apply it to campaigns that reach customers on channels and platforms beyond the retailer’s properties. Walmart DSP provides measurement that crosses both online and offline channels, the retailer added.
This is the second announcement in as many weeks that shows how first-party data from retail media can be applied to enhance CTV. Best Buy and Roku recently announced a partnership that will put the electronic retailer’s first-party data to work for targeting and measurement on Roku streaming devices.
As advertisers seek new ways to efficiently and effectively reach customers on a web that is moving beyond third-party tools and cookies, the partnerships underscore how retailers are in a prime position to provide the purchase-level data that can help to provide results.
On the Move has the latest hiring updates from Anthropologie and Vera Bradley.
Anthropologie made a series of leadership appointments. (Courtesy photo)
This week, Helen of Troy and Ted Baker are seeing changes in the top leadership ranks, while Snap is bringing on former Meta executives in a bid to boost advertising, Plus, Vera Bradley is set to undergo a reorganization that is bringing a change at CFO.
Here's a look at the latest moves:
Julien Mininberg is set to retire from the role of CEO at Helen of Troy, effective March 1, 2024. Mininberg spent the last decade as CEO of the OXO and Hydro Flask parent, and has served in the consumer products industry for the last 34 years.
Minniberg will be succeeded by Noel Geoffroy, who is currently chief operating officer. Geoffroy joined the company last year, bringing 25 years of experience in CPG at Sanofi Consumer Health, Kellogg’s, Heinz, and Procter & Gamble. Geoffroy was the key architect of the company’s transformation plan, called Project Pegasus.
Helen of Troy is also seeing a change at CFO. Matt Osberg will leave the company after seven years to pursue an opportunity closer to family in Minnesota. The company is bringing back Brian Grass to serve as interim CFO. He previously had a 15-year tenure with the company,
In its most recent quarter, the company reported that core net sales declined 16.2% and core adjusted diluted EPS declined 19.9% year-over-year.
Rachel Osborne and other executives are set to depart apparel retailer Ted Baker as it settles into new ownership under Authentic Brands Group.
The news comes as ABG said it signed operating agreements in the UK and Europe for the brand with PDS Group and AARC, respectively.
Along with Osborne, departing executives include Chief Financial Officer Marc Dench, Chief People Officer Peter Collyer and Group Commercial and Business Development Director Helen Costello. The changes are “part of a broader transformation process as Ted Baker shifts towards Authentic’s licensing model, which partners with leading operators to optimize brand value in the marketplace,” according to a news release.
Snapchat parent Snap Inc. hired a pair of executives from Meta Platforms as it seeks to expand in advertising. The hires are as follows:
Patrick Harris will serve as SVP of partnerships. This new role is designed to expand personalized use of augmented reality, which was on display in a recent partnership with concert promoter Live Nation Inc.
David Sommer will be head of verticals, tasked with working more closely with CPGs to use Snap’s advertising tools. Along with 11 years at Meta, Sommer most recently served as chief commercial officer at rewards platform Fetch.
Handbag and luggage retailer Vera Bradley is bringing in a new CFO as part of a wider reorganization.
Michael Schwindle will join the company as CFO, succeeding John Enwright in early June.
The company also made several changes in marketing, ecommerce, product design, and product development areas that will result in the elimination of approximately 25 corporate positions.
Lifestyle brand Anthropologie Group announced a series of leadership changes. These included:
Anu Narayanan was promoted to president of women's: apparel, accessories, weddings and beauty. Narayanan joined in 2018, and has led the women's apparel and accessory business.
Holly Thrasher was promoted to chief merchandising officer of apparel and weddings. Thrasher came to the brand in 2021 from Nordstrom, where she spent 18 years.
Aaron Mutscheller is joining Anthropologie as president of home and terrain, overseeing home and garden. He previously held leadership positions at Williams Sonoma, Serena & Lily and Nickey Kehoe.