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The agencies that have handled Wal-Mart’s $578 million U.S. creative and media activities - including longtime incumbents Omnicom Group’s GSD&M and independent Bernstein-Rein - have recently been informed that the account is now in the early stages of review, according to a Wal-Mart spokeswoman, writes Ad Age.
The spokeswoman also said that Wal-Mart wants an agency that focuses on different media channels to fully integrate the communication of a consistent message across all media.
“We want to be sure we have the best possible resources on our marketing across all spaces,” a client representative said, adding that the incumbents are invited and plan to participate, writes Adweek. For the past 19 years, GSD&M has worked for the retailer, while Bernstein-Rein has contributed for more than 30 years.
Also, Wal-Mart’s CMO, John Fleming, has been on a hiring spree since he moved to the company from Target Co., planning to increase the marketing team of 200 by 30 percent.
By the end of 2008, revenue growth in the radio industry is expected to have fallen 7%, the second year of negative growth for the medium, according to estimates in a report from from BIA Advisory Services, writes MarketingCharts.
BIA estimates that…
Next in the long list of companies cutting jobs comes Tribune Co., which is slicing positions at The Chicago Tribune.
About 12 employees at the Trib were given the rest of the week to clean out their desks; more cuts…
Target is one of the first brands to create an iPhone application. The Target “gift globe” allows iPhone users to shake their phones to launch a snow-fall effect.
When the snow clears, a gift idea from Target is revealed. Users…
NBCU is launching its latest round of layoffs, with up to 500 jobs, or 3% of its work force, expected to be cut.
NBC News bureaus in Dallas and Los Angeles will be affected, writes TV Newser. L.A. correspondent John Larson,…
A Specific Media study finds the presence of display advertising significantly affects click-through and search style across both paid and organic searches.
In the “travel and tourism” category, display advertising engendered a 274% lift on both paid and organic search.…
Today’s Wall Street Journal is running a cover wrap for Dell. The ad covers a third of the front page and all of the back.
Though the New York Post and the Daily News commonly use cover wraps, the move…
