Check out industry news from the last week. All sources can be found in the hyperlinked text after the headline.
Brand/Retailer:
- Walgreens to buy Rite Aid for $9.4B. Link
- Poshmark adds retail brands to its seller community. Link
- Urban Outfitters to end on-call shifts nationwide. Link
- 76% of online shopping in the US this holiday season will be spent on 1% of products. Link
- Five retailers that will dominate this holiday shopping season. Link
- Target will offer free shipping on all online orders. Link
- Wal-Mart won’t promote free shipping deals over holidays. Link
- Macy’s makes moves to counter shoppers’ changing habits. Link
- REI to close on Black Friday. Link
- Lord & Taylor jumps into discounts game. Link
- Wal-Mart tries offering fewer products, adding to tensions with suppliers. Link
- UPS to increase fees, add new one for third-party sellers. Link
- Kohl’s to add smaller stores in urban areas. Link
- Some retailers step back from Black Friday frenzy. Link
- Mall of America gets ready for holiday shoppers by adding WiFi. Link
- Microsoft goes upscale with Fifth Avenue flagship store. Link
- Warby Parker expanding beyond eyewear. Link
- Wal-Mart bets on in-store pickup in holiday showdown with Amazon. Link
- Coach sales starting to look up. Link
- Carine Roitfeld x Uniqlo has landed. Link
Marketing/Social:
- Facebook introduces slideshow ad unit to reach consumers in emerging markets. Link
- Yelp continues shift away from display advertising. Link
- Target boosts digital, social to 61% of holiday budget. Link
- Snapchat adds to native ad arsenal with sponsored lens. Link
- How LuLuLemon puts more focus on feelings. Link
- Macy’s starts off holiday effort with wish fulfillment. Link
Startups:
- Why is Silicon Valley pouring millions of dollars into old clothes? Link
- Doorman is a startup eliminating missed package deliveries. Link
- New mobile search startup focuses on apps. Link
International:
- Apple Pay hitting Canada and Australia in 2015, Spain and more in 2016. Link
- Facebook strives to bring cheap wifi to rural India. Link
- Hong Kong shoppers go downmarket. Link
Mobile/Emerging Tech:
- Amazon launches ‘Pay with Amazon’ buttons for mobile apps. Link
- Nike embraces weather app in campaign to sell gear suited to local conditions. Link
- QVC: the unlikely juggernaut of mobile shopping. Link
- JPMorgan challenges Apple Pay with mobile app offering discounts. Link
- App Store to feature ecommerce apps in new Shopping category ahead of Black Friday. Link
- Facebook says nearly one third of online shopping transactions are on mobile. Link
- Samsung sells more phones but for less money. Link
- Baublebar and Jawbone collaborate on a bracelet for the wearable tech market. Link