Sponsored By

IGA joins forces with Ideal to create 1st indie-focused retail media network

All independent grocers, not just IGA operators, can take part in the CPG-funded platform that seeks to compete with major national grocery chains.

Heather Lalley, Managing editor

February 21, 2023

1 Min Read
IGA
IGA is working with Ideal on an indie-focused retail media network. / Photo: Shutterstock

IGA and digital circular firm Ideal by Design House on Tuesday announced plans to create the first retail media network designed for independent grocers.

The marketing agreement between the Independent Grocers Alliance (IGA) and Design House will create a CPG-funded retail media network available to all independent retailers—not just IGA stores—at no cost, the companies said.

“When brands go to invest their media dollars, there is no reason for independent retailers to be left out,” IGA President and CEO John Ross said in a statement. “Already IGA and Ideal have one of the largest media properties in the United States, and we have proven that the brand and shopper marketing teams at big brands want to invest in our stores. The Ideal network takes it to a whole new level, combining the negotiating power of thousands more independents to challenge anything national grocery chains offer.”

Retailers across the country in recent years have launched retail media networks, creating a new revenue stream by bringing in ad money from consumer packaged goods (CPG) manufacturers.

Walmart on Tuesday reported that its global ad sales business grew more than 20% during the fourth quarter, driven by 41% growth in the U.S.-based Walmart Connect ad platform. For the full year, global ad sales generated $2.7 billion, Walmart said.

The Ideal-IGA platform will sell on-platform and off-platform ad placements, providing co-branded advertising for CPGs and retailers. CPG manufacturers will receive metrics and reports on in-store traffic as well as return on ad spend data, basket size, category growth and more.

IGA’s network includes more than 6,000 supermarkets worldwide, as well as dozens of distribution centers and manufacturers, vendors and suppliers. IGA has stores in 43 U.S. states and more than 30 countries.

Read more about:

IGA

About the Author

Heather Lalley

Managing editor

Heather Lalley is the managing editor of Restaurant Business, Foodservice Director and CSP Daily news. She previously served as editor in chief of Winsight Grocery Business.

Before joining Winsight and Informa, Heather spent nearly a decade as a reporter for the daily newspaper in Spokane, Washington. She is the author of "The Chicago Homegrown Cookbook." She holds a journalism degree from Northwestern University and is a graduate of the two-year baking and pastry program at Washburne Culinary Institute in Chicago.

She is the mother of two and rarely passes up a chance to eat tater tots.

Stay up-to-date on the latest food retail news and trends
Subscribe to free eNewsletters from Supermarket News

You May Also Like