July 21, 2025

Tariffs Hits Department Stores Hard, Walmart Converts Vizio To Private Label & AI Transforms Video Ads

Tariffs Hits Department Stores Hard, Walmart Converts Vizio To Private Label & AI Transforms Video Ads
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Tariffs Hits Department Stores Hard, Walmart Converts Vizio To Private Label & AI Transforms Video Ads

Welcome to Omni Talk's Retail Daily Minute, sponsored by RetailClub and Mirakl.

In today's Retail Daily Minute:

  • Apparel and department store retailers face mounting pressure from U.S. trade policy, with Moody's Ratings giving the sector a negative outlook as import duties eat into profitability and revenue growth stalls at just 3%.
  • Walmart transforms Vizio into a private-label brand with exclusive sales through Walmart and Sam's Club, ending multi-retailer distribution as part of its $2.3 billion acquisition strategy.
  • Over half of ad buyers now use generative AI for video creation, with 30% of digital video ads currently developed using the technology, expected to reach 39% by 2026 as smaller brands lead adoption.

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Be careful out there!