Receipt

    Filed May 4, 2026

    Called it.

    The short version

    Anthony Vargas predicted on August 10, 2022: “Retail media networks are going to eat search budgets faster than CTV ate TV — every retailer with a loyalty program is now an ad seller.” Verdict: Called it. Validated: RMN spend hit ~$55B by 2024 (eMarketer), Walmart Connect, Kroger Precision, Target Roundel all crossed $1B+ in ad revenue, dozens of mid-market retailers…

    Prediction by

    Anthony Vargas

    On August 10, 2022

    Retail media networks are going to eat search budgets faster than CTV ate TV — every retailer with a loyalty program is now an ad seller.

    Follow-up

    Validated: RMN spend hit ~$55B by 2024 (eMarketer), Walmart Connect, Kroger Precision, Target Roundel all crossed $1B+ in ad revenue, dozens of mid-market retailers launched networks.

    Original source

    AdExchanger

    Evidence

    SharePostLinkedIn

    From the High Caliber AI network — see the AI for PR module in the course.