Companies like TikTok and Home Depot are racing to hire talent to build advertising businesses
Friday, 30 July 2021, 15:06:37
Summary List Placement It”s a good time to work in advertising. Big companies including retailers, delivery companies and new platforms are on a hiring spree for advertising execs as they build out their own ad-sales businesses. Walmart, Macy”s, Walgreens , and Home Depot are setting up retail media platforms to offset thin retail margins. Amazon is gobbling up adtech expertise to sell a variety of ad formats to brands. And even digital platforms like TikTok and Spotify are vying for social and audio ad dollars. Insider identified 43 recent advertising hires from companies including Home Depot, Instacart, TikTok, Amazon, Drizly, and Spotify that show how these businesses are making big hiring pushes for advertising execs. They”re hiring from media companies, tech giants, and ad agencies, which are already in a hiring crunch . Click here to see the full list of big hires. Join the conversation about this story » NOW WATCH: Why we still haven”t been able to find aliens
— Business Insider
More than 140 business leaders urge lawmakers to pass infrastructure bill
Tuesday, 27 July 2021, 03:03:31
Dozens of business leaders, including the CEOs of BlackRock, United Airlines and Macy”s, called on lawmakers Monday to swiftly enact the $1.2 trillion bipartisan infrastructure bill that is stalled in Congress.
Macy”s names CVS vet as Bluemercury CEO
Thursday, 22 July 2021, 15:28:33
Macy”s Inc. has named Maly Bernstein chief executive of the Bluemercury chain of beauty shops, effective September 13. Bernstein will be based out of the Bluemercury headquarters in Bethesda, Md. and report to Tony Spring, chief executive of Bloomingdale”s. Bernstein was most recently vice president of e-commerce at CVS Health Corp. and has executive experience in the beauty and personal care space. Bernstein succeeds Marla Beck, who has moved on to pursue other opportunities. Macy”s stock has rallied 56.3% for the year to date while the S&P 500 index has gained 16% for the period. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Companies like Instacart and Home Depot are in an intense war for advertising talent here are 43 big hires that show how they”re chasing brands” budgets
Wednesday, 21 July 2021, 22:06:48
Summary List Placement Ad professionals have never been more in demand as a new set of companies guns for a piece of the advertising business. Delivery services and platforms like Instacart , Drizly, and TikTok are hiring top ad execs as they build new ad businesses. Retailers like Walmart, Macy”s, Walgreens, and Home Depot that are setting up retail media platforms to offset thin retail margins. And Amazon is gobbling up adtech expertise to sell a variety of ad formats to brands. The Bureau of Labor Statistics reported in June that the US advertising, public relations and related jobs have grown for the past five months after sinking in January. They”re hiring from media companies, tech giants, and ad agencies, which are already in a hiring crunch . “It is a job seekers” market agencies are trying to compete with agencies, brands and clients,” said Barbara Tejada, the owner of advertising recruiter Mighty Recruiting. “There”s so many jobs out there that it”s hard to get talent.” Here are 12 companies, listed alphabetically, and the big ad hires they”ve made recently.
— Business Insider
Macy”s launches new private label, And Now This
Monday, 19 July 2021, 20:17:54
Macy”s Inc. said Monday that it has launched a new private label, And Now This, which will include essential items like tees, denim and casual dresses for men and women. Items are available online and at select stores. Macy”s will host launch events in New York City, Chicago and Ft. Lauderdale, Fla. over the next couple of weeks to introduce the line. Macy”s stock has rallied 42.4% in 2021 while the S&P 500 index is up 13% for the year to date. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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