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Following the departure of advertising chief Julie Roehm, Wal-Mart has decided to drop Draft FCB as its new agency.
Roehm hired Draft and Aegis Group’s Carat in October following a highly publicized review. The decision is the result of “new information” obtained over the past few weeks, according to Wal-Mart spokeswoman Mona Williams, writes Bloomberg.
Roehm’s willingness to get personal with some of the candidates for the Wal-Mart account raised eyebrows at the retailer; she was seen driving the Aston-Martin of Howard Draft, Chairman-CEO of the DraftFCB, writes MarketingVox.
Carat will be eligible for the new review, but Draft will not. Other Interpublic units will be allowed to participate in the review. Following the announcement, Interpublic’s shares fell to their biggest loss in almost four years.
The new review is expected to happen quickly, with a decision expected by January.
Though off-air online and experiential advertising grew modestly as a part of the overall radio revenue pie, and election-related political ads increased in Q3, total radio ad revenues were down 9% to $4.97 billion for Q3 and down 10% for…
Glamour magazine is running its photo of Britney Spears not only on the cover of the U.S. edition, but on the covers in seven other countries, as well.
Britney will grace Russia, Sweden and Greece’s editions of Glamour, among others.…
Titan Worldwide has signed a five-year deal with the Delaware River Port Authority to manage out-of-home advertising for the Port Authority Transit corp.
The contract covers advertising on PATCO’s rail service and stations between Southern New Jersey and Philadelphia, writes Mediaweek.…
Publicis has acquired full-service agency W&K Communications, continuing its Asia expansion that began several years ago.
W&K will be pulled under the umbrella of Publicis’s Burnett agency network, and will be renamed Leo Burnett Beijing Advertising, writes Adweek.
Other recent Publicis…
With only four weeks separating Thanksgiving and Christmas this year, Cyber Monday One (December 1) and Cyber Monday Two (December 
may command a greater share of online sales than they have in years past - thus increasing the importance…
Top American non-luxury auto brands received higher ratings and less negative comments from online consumers than competing Japanese brands, according to an analysis of consumer opinions collected from automotive review websites by Biz360, MarketingCharts reports.
The research, which aggregated a year’s…
