Below is a recap of industry news over the last week. Sources can be found in the hyperlinked text after the headline.
Brand/Retailer:
- Walmart expands pick-up service as grocery war with Amazon intensifies. Link
- Ralph Lauren to step down as CEO, hand reins to Old Navy executive. Link
- Aeropostale gets listing warning from NYSE as shares fall below $1. Link
- Amazon will now pay you to deliver packages. Link
- Target to match online prices with online rivals. Link
- Staples to close on Thanksgiving in sign of Black Friday retreat. Link
- Amazon to stop selling Apple TV and Chromecast. Link
- Apple Watch to hit Target shelves soon. Link
- Yoox Net-a-Porter rises on trading debut. Link
- Luxury web battle looms as LVMH, Hugo Boss develop eCommerce. Link
- Silicon Valley’s latest threat? Under Armour. Link
- Gap’s loss of Old Navy chief brings new storm to retailer adrift. Link
- American Apparel filed for bankruptcy but it isn’t shutting down. Link
- H&M’s 700-piece beauty collection is here. Link
- Amazon picked up Conde Nast reality series the Fashion Fund. Link
- Amazon, Google move into on-demand home services. Link
- UPS asks people to pick up packages themselves. Link
Marketing/Social:
- Pinterest opens API platform to all developers. Link
- YouTube’s most native ad yet puts shoppable cards into organic videos. Link
- Snapchat is adding more ways for advertisers to be in your silly selfies. Link
- The buy button heads to Youtube and Twitter. Link
- Brands woo millennials with a wink, an emoji or whatever it takes. Link
- YouTube beats Facebook in surfacing brands’ older videos. Link
- Pinterest gets even more shoppable. Link
- Klout Perks quietly shuts down. Link
Startups:
- Google acquires rich messaging startup Jibe Mobile. Link
- Lobster, the marketplace for user generated content, strikes a deal with YouTube. Link
- Rocket Internet startups see revenue jump, losses mount. Link
International:
- Canada’s malls are shirking their suburban-time-waster status to become upscale destinations. Link
- H&M to open store in Russia. Link
- A sneak peak into H&M’s first store in India. Link
- H&M joins Uniqlo in voicing confidence over China amid slowdown. Link
- Facebook will provide internet in Africa from space starting in 2016. Link
Mobile/Emerging Tech: