Weekly Industry Round Up: 10.27.2014

My recap of top industry news from last week.  All sources can be found in the hyperlink after the headline:

Retailer + Brand News:

  • Target eyes holiday turnaround on free shipping and faux fur. Link
  • Retail’s new battleground: The I want what I want when I want it generation. Link
  • Trunk Club to open first brick-and-mortar store on Madison Avenue. Link
  • Under Armour’s rising sneaker sales have yet to tread on Nike. Link
  • Gilt names former Starwood Hotels exec as chief marketing officer. Link
  • Etsy launches card reader for in-person payments. Link
  • Amazon posts largest quarterly loss in 14 years. Link
  • Macy’s links with Google to show mobile users what’s in stock nearby. Link
  • Rakuten, Japan’s Amazon, launches fashion site in the U.S. Link
  • Staples is the latest retailer to be hit by hackers. Link
  • Apple shutting down Beats Music app and rolling it into iTunes. Link
  • J.Crew says it will sit out athletic trend. Link
  • Sears said to be closing 77 stores. Link
  • Groupon’s site now has dedicated pages for 7 million businesses across the US. Link
  • Bloomingdale’s equips fitting rooms with iPads for smart shopping. Link
  • Anthropologie may open in AT&T’s former NYC headquarters. Link
  • Asos sees future payoff from 2014 investments. Link
  • FedEx, UPS make plans for better holiday season. Link

Social Media + Marketing:

  • Ello bans advertising and raises $5.5M in new funding. Link
  • Facebook launches new Rooms app that harkens back to early days of Internet chatrooms. Link
  • Groupon channels Yelp with new listings service. Link
  • Behind Twitter’s move to become a mobile-services shop. Link
  • Tumblr to make over $100M in revenue next year. Link
  • How Facebook is changing the way its users consumer journalism. Link
  • New Target CEO makes mark on holiday efforts. Link
  • Pandora gives musicians a data dashboard to see where their fans are. Link
  • North America holds tight to world’s largest ad spending share. Link
  • Haul videos influence holiday shopping. Link
  • Snapchat rolls out first advertiser. Link

Start-ups:

  • Glamsquad raises $7M for on-demand styling and beauty services. Link
  • Tindr to take a swipe at monetization with new premium dating upgrade. Link
  • Digital lockers will take parcels and clean laundry. Link

International:

[APAC]

  • Zalora opens first offline shop. Link
  • India’s Snapdeal forays into premium designer segment. Link
  • China’s Alipay offers ePass payment service for U.S. retail websites. Link
  • Apple set to open 25 new stores in China by end of 2016. Link
  • Zara stumbes in India. Link
  • Taobao Marketplace launches click-and-collect in Singapore. Link

[AU/NZ]

  • Sydney’s Big Commerce takes on Amazon with Alibaba deal. Link

[EU]

  • American Eagle lands in UK. Link
  • Amazon web services to open German center. Link
  • Primark prepares to make entrance in U.S. Link

[CA]

  • Target Canada to experiment with overstocking in turnaround effort. Link

Mobile, Tablet, + Wearables:

  • Urban Outfitters tackles in-app product search challenge. Link
  • Google wants to organize your life with new email app. Link
  • TestFlight Beta testing goes live for all iOS developers. Link
  • Amazon takes retail approach to push flagging Fire phone. Link
  • Google wants Inbox to be your email system for the next decade. Link
  • Amazon quietly launches app store within its main Android app. Link
  • Square launches app marketplace to make third-party integration painless for businesses. Link
  • Twitter unveils Fabric, a welcome gift to mobile developers. Link
  • Fitbit announces new fitness trackers, including its first smartwatch. Link
  • Microsoft makes progress with phone and tablet sales. Link
  • Nike sees brighter wearables future with Apple. Link

[Apple Pay coverage]:

  • Square encircled as Apple, Paypal aim for mobile payments. Link
  • Apple Pay threatens a competing approach to simplifying payments. Link
  • CVS and RiteAid disable Apple Pay. Link
  • CurrentC is the big retailers’ clunky attempt to kill Apple Pay and credit card fees. Link
  • Bank of America customers double-charged in Apple Pay snafu. Link
  • Jumio launches card-scanning mobile checkout for retailers’ iOS and Android apps. Link

Other:

  • How to turn your company into a movement. Link
  • The psychology of web design. Link
  • Roku could file for IPO soon, raises as much as $150M. Link

 

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