In a surprise move following a series of consecutive downgrades, Brian Wieser has boosted the outlook for U.S. ad-spending growth this year to 6.0%. That’s nearly double the percent change he forecast in March when he downgraded his outlook for the second time following his original 2025 benchmark of 5.3% growth in September 2024.
Citing Strong Half, Brian Wieser Surprisingly Turns Bullish For 2025 06/04/2025
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The controversial Kids Online Safety Act, which was passed by the Senate earlier this week, reportedly will not move forward in the U.S. House of Representatives. The bill aimed to address potential harms associated with social media use by teens, including depression, eating disorders, and online bullying. The measure would have required tech platforms to guard against those harms when implementing design features such as personalized recommendations, notifications and appearance-altering filters.
Regarding the Postal Service, I have several key points I would like to articulate today.
First and foremost, the Postal Service needs to operate in a financially sustainable manner. This is not just a good idea, but it’s also required by law. We have faced significant challenges in the dynamically changing business environment that have put significant stress on our business model and have had a negative impact on the organization. But those obstacles from the past should not deter us from achieving financial sustainability.
We will strive to align our costs to revenue on a consistent, long-term basis. To do so, prioritizing strategies to drive operational efficiencies and generate sustained revenue growth will be key. We will also focus on being your provider of choice any time you ship a package.
Second, service is foundational to our success. Improved service for our customers—which in our case includes the entire American public—will lead to more volume and revenue, so service improvement will be a top priority for me and the management team, and we will remain committed to continuous improvement in our operational performance.
Third, our recent transformation and modernization efforts have brought the Postal Service closer to private sector logistics practices. Both the pricing and product strategies have improved our competitiveness. We will continue to aggressively pursue those strategies.
Dutch Bros is accelerating its expansion by acquiring the real estate of a bankrupt fast-casual salad chain.
The fast-growing drive-thru coffee chain said it has entered into an agreement to acquire the real estate and related site assets of up to 65 Salad and Go locations across Arizona, Nevada, Oklahoma and Texas. (See list of locations at end of article.) The purchase price was not revealed.
Salad and Go filed for bankruptcy on Aug. 4, and abruptly closed all its locations on the following day. Similar to Dutch Bros, Salad and Go operated a drive-thru model. Its menu featured made-to-order salads, breakfast options and more.
Dutch Bros expects to convert the Salad and Go locations its format in 2027. The deal is expected to close in the third quarter.
Earlier this year, Dutch Bros acquired the 20-unit Clutch Coffee Bar chain. The coffee chain has set a goal of 2,029 shops in 2029, with a long-term goal of 4,000 shops in the next 10-to-15 years. (As of June 30, it had 1,225 locations.)