ResultsAustralia
Retail Media Networks: Growth Insights from Walmart, Woolworths & More
Chemist Warehouse has a $600 million-a-year Retail Media Network. Woolworths Group's equivalent business (Cartology - Part of the Woolworths Group ) accounts for about 8% of its earnings according to Jarden. Coles Group business Coles 360 makes about $250 million a year in revenue. Walmart has grown its Retail Media business at a 45% CAGR for the last 4 years with media expected to be 20% of its profit next year. It's getting margins of between 70% to 90%. Sainsbury's has grown its Retail Media Network by 15% annually for the last 4 years with a 52% margin in 2023.