Albertsons Media Collective’s Brian Monahan on Retail Media Beyond Ad Revenue | Groceryshop 2026
Live from the Vusion podcast studio at booth 913 at Groceryshop 2026 in Las Vegas, Chris Walton sits down with Brian Monahan, SVP of Retail Media at Albertsons Media Collective, to explore how the retail media business has evolved since their last conversation and where AMC is headed next.
Brian breaks down Albertsons’ focus on “collective growth” beyond advertising revenue, including category growth and household penetration, while discussing how retail media increasingly connects merchandising, stores, digital and operations. He also shares his perspective on why new shopping experiences may be more important than traditional programmatic targeting and where the creator economy could intersect with retail media.
In this episode:
• How Albertsons Media Collective has evolved over the past year
• Why new shopping experiences may be underhyped in retail media
• Measuring retail media success beyond ad revenue
• Connecting merchandising, stores, digital and operations
• Where the creator economy and retail media could intersect
• What Albertsons Media Collective could look like in the years ahead
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Hello, everyone, this is Omnitalk Retail.
Speaker AI'm Chris Walton and we are coming to you live once again from Grocery Shop 2026 at the beautiful Mandalay Hotel Resort and Casino in Las Vegas.
Speaker AAnd we are also recording this interview from the Fusion podcast studio, which is in booth 913.
Speaker ACome on by.
Speaker ABen Miller and I will be here all week long interviewing fabulous retail executives.
Speaker AStop by, say hello, we'd love to see you.
Speaker AAnd I am excited to introduce one of those retail executives to you right now, Brian Monahan, the SVP of Albertson's Retail Media Collective.
Speaker ABrian, how are you doing?
Speaker AHow's Vegas?
Speaker BSo far, so good.
Speaker BExcited to be here in this cool little fishbowl with you.
Speaker AYeah, right behind the glass.
Speaker BBehind the glass.
Speaker AEverybody's watching us.
Speaker BYeah, it's like our.
Speaker BWe're posted up in the, in the shark reef aquarium.
Speaker BSo now I kind of feel like the sharks as we're here getting people swimming around us.
Speaker AYeah, right, that's, that's funny.
Speaker AThat's always what the retailers like about coming and interviewing with us.
Speaker AThey get out of the kind of the sea of all the sharks chasing them and looking for their badges and everything.
Speaker ASo that's great.
Speaker AWhen did you get in?
Speaker BLast night.
Speaker ALast night.
Speaker AYeah, me too.
Speaker AMe too.
Speaker AAll right, so we interviewed you at FMI as well.
Speaker ASo that was like, what, nine months ago?
Speaker AYou've been in the job a little over a year.
Speaker BCorrect.
Speaker ASo I'm curious, what has changed in terms of how Albertsons Media Collective operates since we last spoke with you?
Speaker BYeah, it's fun to look back.
Speaker BYou know, you're kind of in the eye of the hurricane day in and day out, working with your team and it's nice to kind of pause and kind of reflect.
Speaker BI mean, we've been busy building this full funnel couch to checkout demand driving platform.
Speaker BRight.
Speaker BOur mission at the collective is to present sponsored relevant sponsored content to simplify shopper missions.
Speaker BRight.
Speaker BAnd those missions start outside of our stores, continue into our digital environments, and then into the stores itself.
Speaker BSo we've been hard at work building out that platform with off site partnerships like what we've done with NBCU, what we've done with Google and YouTube.
Speaker BWe've obviously been working on the ad opportunities on our apps and whatnot.
Speaker BAnd then a lot of work has gone into our in store leg of our platform with building out our smart screen network across the country.
Speaker ARight.
Speaker ASo Brian, I'm curious, like one of the things I was doing when I was researching for this interview, one of the things I noticed is you've argued that programmatic and targeting media are overhyped, and then you've said that new shopping experiences are underhyped.
Speaker ASo I'm curious, what do you mean by that?
Speaker AAnd what's an example of an underhyped shopping experience that Albertsons Media Collective can provide?
Speaker BYeah, I appreciate the opportunity to speak on this.
Speaker BI mean, retail media is the only media transaction where the objective of the buyer and the seller is the same.
Speaker BSo if at the end of the day we're just kind of like bidding on little square display ads, like what a missed opportunity.
Speaker ARight.
Speaker BSo I guess I would point to one of the things that's underhyped about the relationship between our advertising partners and a retail media network like Albertsons Collective is the insights that we have about our shared customers.
Speaker BRight?
Speaker BSo like understanding where growth opportunities exist, why people shop, and then how to speak to them in relevant, meaningful ways.
Speaker BAnd if you pull on that thread, what it leads to is more expressive marketing.
Speaker BLike the program we did with P and G, we launched it last summer, Rico's Tacos, this episodic micro drama, Right.
Speaker BSo sort of bringing the soap opera into the modern age, if you will.
Speaker BBut that started, Chris, that all that work started.
Speaker BWe didn't set out to do episodic microdramas.
Speaker BWe set out to understand where was the growth market, these young Hispanic families.
Speaker BWe set out to try to speak to them in a way that was relevant and authentic.
Speaker BAnd we brought both, collectively our insights to the table.
Speaker BSo we could show things like authentic life moments.
Speaker BLike one of the vignettes in one of the scripts, It's Taco Tuesday, they've run out of avocados, they got to run to the grocery store.
Speaker BWell, guess what?
Speaker B8% Of our trips are driven by people who have forgotten a key ingredient for that night's meal.
Speaker BAnd then while in that vignette, while one of the characters, the Abuela, is in the store, she picks up some head and shoulder shampoo for herself, right?
Speaker BSo it's a meal, it's a food driven trip with a personal treat that gets added to the basket, which again is another one of our insights that helps us sort of present brands in context in an authentic way.
Speaker BAnd I think that's a really under hyped asset that we have in retail media.
Speaker ASo Brian, I'm curious, like when you think about the collective and how you want to grow, and you said both parties are aligned in the ultimate mission, which makes sense.
Speaker ABut how do you actually, how do you Measure that in a way or think about measuring that in a way that gets at the root of you doing it.
Speaker AWell, particularly for me, like I always wonder on the in store side because, you know, digital media on the digital side is a different beast in terms of, you know, how it's working, how the money's coming in and that whole thing.
Speaker ASo like, how do you think about that?
Speaker ABecause I think a lot of times like you could be growing your digital media business online very healthily, but it not be doing anything for your in store business as well.
Speaker ASo am I, am I thinking about that?
Speaker BRight?
Speaker AOr like is that dilemma there, that dichotomy there and how do you solve that?
Speaker BWell, we definitely want to grow our relationships with our customers and build high value customers for life.
Speaker BAnd you know, that's an omnichannel relationship in our view.
Speaker BSo we want to grow our in store sales and activity as well as online.
Speaker BAnd listen, we think of relevant sponsored media as additive to that overall experience, whether it's online or in store.
Speaker BAnd we do metric it.
Speaker BRight.
Speaker BSo we do look at, whenever we're experimenting with a new ad placement on the site, we can look at whether we see any degradation of the shopper experience in terms of the metrics we're seeing.
Speaker BAnd same thing with our new in store screen network.
Speaker BSo one of the things that we've got as part of that system is beacon technology so we can look at pathing, analysis, dwell time.
Speaker BAnd we're looking at that to make sure that we're adding to the overall experience and not confusing the customer or getting them stuck anywhere.
Speaker ASo you're actually measuring whether there's a correlative response to the ads they're seeing and the actions that shoppers are taking in the store.
Speaker BOh, for sure.
Speaker BWe're absolutely looking at whether there's a lift on sales for what we've advertised, but also just trying to look at the overall customer experience as well because we don't want to pollute the experience with, you know, like non relevant ads.
Speaker ARight, right, for sure.
Speaker AWhich is, which is always tough.
Speaker AI mean, that's kind of the idea of the merchant too is the merchant's there to filter through that and provide the products that they, that they want versus just giving the shelf space to the vendors that, you know, want to buy it from them.
Speaker AWhich is the same rub in retail media at the end of the day.
Speaker ASo it's good to hear you guys are doing that.
Speaker AHow do you operationalize that with your partners though?
Speaker ALike, tell me more about that, like what does that, what does that look like in communication, in day to day processes?
Speaker BYeah, I mean, look, it's one thing to run around talking about like we're in it together, we're all about collective growth.
Speaker BIt's another thing to operationalize it.
Speaker BSo I love this question, Chris.
Speaker BSo for us it starts with organizational design.
Speaker BRight.
Speaker BSo we sit in the merchandising organization.
Speaker BYou do.
Speaker BOkay, interesting about the metrics that we take and our KPIs.
Speaker BRight.
Speaker BSo the collectives team is on the hook for lifting sales growth as much as we're on the hook for, for driving ad revenue.
Speaker BAnd we work in tight collaboration with our merchants.
Speaker BSo when we approach our CPG partners and our supplier partners, there's one holistic conversation about how we can drive growth together.
Speaker BSo, you know, that's part of it.
Speaker BOn our side, in terms of working with our advertising partners, we've really embraced, I mean, yes, we're involved with all the industry initiatives to drive standardization of measurement so they feel confident in what they're getting from the investment.
Speaker BWe've also embraced radical transparency on our own.
Speaker BSo you know, we continue to publish white papers that really explore the swings and reporting that you see when you change methodologic methodology of different metrics.
Speaker BWe publish, you know, ROAS iroas new to category lifetime value.
Speaker BSo just radical transparency with our partners to show what we're doing together to get to that aligned interest.
Speaker AYeah, and I know I'm always paying close attention to you all in terms of what you're doing in this space because.
Speaker ACause it's a good one.
Speaker AYou're a good company to keep tabs on in terms of how you all are thinking about that.
Speaker AI'm curious though, what do you think are further opportunities for better collaboration or coordination?
Speaker BI think the area that we've got an opportunity for better collaboration is cpgs and advertising organizations have this legacy division between their national brand teams and their customer teams.
Speaker BAnd I understand why they're set up that way.
Speaker BBut the reality is consumers go on a journey that cuts across all those marketing disciplines and all of this smart work that they do in their individual silos.
Speaker BI think the opportunity we have to drive better collaboration is to take a very customer first lens and in fact start from the moment of transaction and build back out, solve for that customer journey and really put the measurement underneath it.
Speaker BThis is why we launched.
Speaker BWe're very proud of what we're doing on the measurement front.
Speaker BOur team works really hard on that.
Speaker BAnd last week we launched a New multi touch attribution method with Liveramp.
Speaker BAnd what's cool about that, Chris, is it measures incremental sales.
Speaker BRight.
Speaker BSo yes, it cuts across these walled gardens.
Speaker BThat's awesome and huge.
Speaker BBut also to be able to show incremental sales growth and the benefit of lining up all those touch points, the business benefit, that's going to drive more organizational alignment than any pontification about theory or strategy.
Speaker ARight.
Speaker AAnd Brian, I mean I don't want to oversimplify this because you're, you're the, but you're the expert.
Speaker ASo I want to ask you too, is that, is that a good way to sum up the methodology that you take at amc?
Speaker ALike to look at, look at the transaction and then work backwards to understand the attribution?
Speaker AIs that the right way to think about it?
Speaker AThat's like a, it's like a backwards up approach.
Speaker BI think so.
Speaker BAnd I'm learning this as I grow as a marketer.
Speaker BI mean, I grew up as a media planner.
Speaker AI think we all are, honestly.
Speaker BYeah, we were all kind of like sort of trained to think like top down, like journey down from like the moment of inception through the transaction.
Speaker BAnd I think if you actually start from where does growth really happen?
Speaker BThen that's a sale.
Speaker BSo where do you expect that sale to come from?
Speaker BTrace it back, make some bets.
Speaker BTrace it back.
Speaker AIt's like a detective almost.
Speaker AYeah, right?
Speaker BYeah.
Speaker AThat's interesting.
Speaker AWow.
Speaker AOkay.
Speaker AAll right, so I can't let you go without touching on the creator economy too, because the creator economy is coming fast and furious.
Speaker AAnd with the creator economy going and retail media going the way it is, you have said that they are quote two runaway freight trains.
Speaker ASo what did you mean by that?
Speaker AAnd where do you see those actually intersecting at Albertsons?
Speaker BWell, I think, you know, retail media, like listen, retail media, we're on the right side of history.
Speaker BThe age old question of I know, you know, I know half of my advertising is wasted.
Speaker BI don't know which half.
Speaker BLike, you're welcome, John Wanamaker.
Speaker BLike we solved it.
Speaker BSo, you know, retail media is on the right side of history.
Speaker BCreators are too.
Speaker BAnd I think even more so, Chris, I'm realizing every day and like this era of sort of AI, you know, large language model, these chat based discoverability of content and how you show up in these conversations.
Speaker BSo much of it has to do with your footprint out in the world of what your content is, which is the representation of your brand.
Speaker BAnd creators have a lot to do with like how that footprint shows up in the world, how it gets made.
Speaker BAnd so I think that part of our industry is only going to continue to become a more important way of how brands go to market for us.
Speaker BWhere they come together is working one making sure we have a really robust stable of creators who are trained on our customers and our banners.
Speaker BSo we have the Acme creators and the Safeway creators and the Juul creators so they understand our brands and our audiences.
Speaker BThey know food obviously.
Speaker BThen we're also working with some great partners like influential in the publicist network so we can take our customer data, their epsilon IDs and understand who creators are reaching and then get a read on sales lift that comes out.
Speaker BSo bring some accountability to the, to the discipline of creator marketing.
Speaker AGot it.
Speaker AOkay, so.
Speaker AAll right, so last one, let you out of here after this.
Speaker ABut say we're back here three to five years from now.
Speaker AHow will Albertsons Media Collective be different than it is today?
Speaker AIf you have your say, your stamp, you leave your stamp.
Speaker BI love this question.
Speaker BAnd in five years from now, Chris, I don't.
Speaker BI think the shopping experience is going to be very different than what we know it as today.
Speaker BAll right.
Speaker BRight.
Speaker BLike particularly E Commerce, like E commerce is very much a reductive sort of like query grid like drill, drill, drill, drill, drill.
Speaker BAnd what we're realizing with a lot of chat based discovery, that's a more expansive journey that people go on.
Speaker BSo I think we're going to learn a lot about how to program to those chats versus the drilling of the search.
Speaker BSo I think that's a big thing that's going to be very different for us.
Speaker BI also think that we're just on the precipice of a massive change.
Speaker BThe same way programmatic advertising changed the way we did media buying before.
Speaker BI think agentic media buying is going to change that as well.
Speaker BAnd this whole ecosystem we've got of SSPs and DSPs and exchanges, like I think that is going to go away and might be replaced by some other.
Speaker AThing, but hopefully some other Alphabet soup, right?
Speaker BYeah, but hopefully less, less of a siphon off to non working media.
Speaker BSo I'm really excited to see how those trends shake out.
Speaker ARight, right.
Speaker AWow, that's some really great stuff to lean on there.
Speaker ABrian, thank you so much.
Speaker AThank you for spending time with us.
Speaker AGood luck at the show.
Speaker AYou're on stage later today as well, right?
Speaker AYeah.
Speaker BWe're going to be talking about our In Store Screen network with Andrew Lipsman and some other great retailers.
Speaker BAnd yeah, we're really excited.
Speaker BI think it's a whole exciting new canvas and we're just on the, on the cutting edge of like figuring out how to use that canvas most effectively.
Speaker AYeah.
Speaker ABrian, I'm curious, do you think when you said the thing about, you know, agentix shopping, changing the way the industry is going to work, being in grocery, do you think that that will over index and impact grocery more so than other verticals in retail?
Speaker ALike how do you think about that?
Speaker BWell, I will say I'm really happy to be at a grocer as we're going through this because I do think the way people shop for food lends itself to having a relationship with your grocer, getting into their loyalty program and not getting disintermediated by some answer engine.
Speaker ARight.
Speaker BBut no, I do think that food is also going to be impacted by shopping.
Speaker BAnd it's really interesting to look at some of the prompts that we're seeing in our agentic shopping and it's the, they're very open ended questions that give you more clues about like what's happening in that household's life and if read properly we can present more interesting solutions to them.
Speaker AThat's great.
Speaker AI guess I lied because I asked you one more question, but it came to me at the end.
Speaker AI was like, I gotta ask him this because that was a really great answer too.
Speaker ASo.
Speaker AWell, thanks so much.
Speaker ABrian Monahan of Albertsons Media Collective.
Speaker AThanks for spending time with us today.
Speaker AThanks to Viewsion for making all of our coverage at grocery shop 2026 possible.
Speaker AAnd until next time, be careful out there.