This year, retail will underperform overall US ad spending growth for the first time since 2018 as advertisers cut budgets amid tariffs and economic uncertainty. But the outlook for 2026 is more optimistic.
Retailers have been under enormous pressure in 2025 as new tariffs and unsteady consumer demand trigger a slowdown in industry ad spending. While retail will retain its status as the largest contributor to digital ad revenues, spending growth will take an unusual dip in 2025.
Key Question: What is the outlook for US retail industry ad spending through 2027?
This deck covers:
The outlook for US traditional media and digital ad spending by retailers through 2027
How retail digital ad spending is allocated across channels and formats
Which retail categories are over- and underperforming in digital ad spending
This deck can help you:
Benchmark marketing performance (brands and retailers)
Allocate budget for campaigns and develop media strategy (agencies)
Determine market sizing (media platforms)
Showcase opportunities to customers (solution providers
Here’s what’s in the full report
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