Scoop: Costco plans to sell its customer data to advertisers, building a retail media network.
—the third largest retailer in the US, it has shopping data on more than 74.5 million households.
—joins Walmart and Target in building an ad network
https://t.co/YZcHgSvm2p
Per Axios Pro's @Ryanbarwick on Estee Lauder/Puig deal breakdown:
"A big hurdle was a contract issue with Charlotte Tilbury ...She had a change of control clause in her contract with Puig that allowed her to renegotiate terms of her deal. Estée wasn't willing to pay the difference."
https://t.co/1zy0fYjO2E
Top 5 celebrity sightings (in no order):
-David Cross at a Silverlake Junction party
-Kate Winslet at Malibu Ralph's
-Lighting Matthew Perry's cig outside a theater
-Peeing next to Marilyn Manson at Arclight Hollywood
-Richard Kind on a street within 24 hrs of moving to NYC
Axios Pro scoop from @Ryanbarwick:
JM Smucker hired Goldman Sachs to launch a review of its portfolio. Hostess to hit the block? $SJM
https://t.co/bTz1wCRTv8
Lil Friday scoop: After talks fell apart with Coca Cola, Olipop is raising another $200 million.
RedBull also looked at the prebiotic drink, sources say.
https://t.co/armDauPos9
it's never been a better time to be in the fake wood panel industry. if you sell fake wood slats that can be quickly installed in a room somewhere, business is booming with no signs of slowing down...
The Polymarket bar, playing on the “Monitoring the Situation” meme, is a bust.
After waiting outside for nearly 1.5 hours in the rain because of technical issues—power and wifi going out—none of the TVs are working.
Staff say everything will be back up and running tomorrow.