U.S. upfront TV ad spending will decline 1.4% in the 2019-2020 season to $20.28 billion, and drop a substantial 27.1% in the 2020-2021 season to $14.78 billion, a $5.5 billion difference on a year-over-year basis, according to eMarketer. Read more

Propelled by strong demand for its core crossovers, Mercedes-Benz is maintaining a wide lead over rival BMW in the 2020 U.S. luxury sales race, Automotive News reports. Read more

U.S. online grocery sales hit $7.2 billion in June, up 9% month-over-month but less than the big double-digit gains seen in April and May, according to the Brick Meets Click/ Mercatus Grocery Survey. Read more