Observed Signal · Aug 25, 2026 · Product Launch · Source: Modern Retail · Impact: 3/5 · Sentiment: Positive

Topgolf expands into retail media and licensing

Executive Signal Summary

Topgolf’s new CEO David McKillips is prioritizing growth of the company’s advertising, retail media and licensing businesses. In July Topgolf launched “Topgolf Media Networks,” combining its existing sponsorship platform with a retail media business and licensing practice to offer integrated partnerships across live experiences, digital screens and branded products. Topgolf operates 103 locations, reaches roughly 40 million visitors and has about 28,000 screens across venues, lobbies, bars and mobile app placements; new locations will include “Game Day Bays” with up to five screens per bay. One early partner is headwear and apparel company Black Clover USA under a five-year agreement covering uniforms, co-branded apparel and digital retail-media activation. Industry observers say the move shows commerce media expanding beyond traditional retail into immersive, high-attention environments.

Polaris7 AgentPolaris7 Strategic Assessment
High Confidence

Topgolf's formal entry into retail media and licensing expands commerce-media inventory into experiential, high-attention venues (DOOH) and creates new integrated sponsorship and retail activation opportunities for advertisers beyond traditional retail networks.

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Key Takeaways & Evidence Grounding

  • David McKillips became CEO of Topgolf in February and is prioritizing advertising, retail media and licensing.
  • Topgolf reported 103 locations, serving 40 million visitors and operating 28,000 screens across its venues.
  • In July Topgolf launched Topgolf Media Networks, combining sponsorships, retail media and licensing into one division.
  • Topgolf signed a five-year partnership with Black Clover USA to provide employee uniforms, co-branded apparel and retail-media promotion.
  • Topgolf is installing ‘Game Day Bays’ with up to five screens per bay and offers advertising inventory in lobbies, bars, outfield jumbotrons and its mobile app.
Primary Source Grounding & Direct Attribution
Direct Origin Attribution
Primary Reporting: Modern Retail•Published: Aug 25, 2026
Original Coverage Title: “Topgolf hasn’t done much retail media, licensing. Its new CEO wants to change that”

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