Happy Monday! Check out industry highlights from the last week.  Sources can be found in the hyperlinked text after the headline.

Holiday:

• H&M to close US stores on Thanksgiving. Link
• Target keeps Thanksgiving opening at 6pm. Link
• Don’t expect holiday far at Nordstrom until Black Friday. Link
• Walmart scales back on Black Friday, offers longer-term discounts. Link
• Walmart to offer most Black Friday promotions online first. Link

Brand/Retailer:

• Apple’s Angela Ahrendts on where the company is taking retail next. Link
• Postmates to buy Sosh, a service for discovering local activities. Link
• Beats music to shut down on November 30. Link
• J.C. Penney sales beat estimates, helped by Sephora. Link
• Rent the Runway will launch everyday fashion rentals next year. Link
• Urban Outfitters to buy Vetri restaurants. Link
• How Revolve Clothing took its brand global. Link
• Marriott buying Starwood in deal valued at $12.2B. Link
• Yoox Net-a-Porter raises savings estimates amid merger benefits. Link
• Fossil Group to buy wearable fitness company Misfit for $260M. Link
• Kohl’s taps Reed Krakoff for its next collaboration. Link

Marketing/Social:

• Tumblr rolls out instant messaging on both web and mobile. Link
• YouTube launches its long-awaited music app. Link
• Shopify launches an Instagram for classified listings. Link
• Oscar winning filmmaker directs a short film for Canada Goose. Link
• Facebook launches Notify, a notifications app. Link
• Facebook adds photo recognition to messenger. Link
• Snapchat says it has 6 billion video views a day. Link
• Pinterest’s new tool lets you do searches using pictures. Link

Startups:

• You can now request an Uber through Slack. Link
• Cola, a new start-up introduces ways to do more in text messages. Link
• Uber signs digital mapping deal with TomTom. Link

International:

• Macy’s joins Singles’ Day debutantes in Chinese spending spree. Link
• China shatters online shopping records in just 12 hours on Singles’ Day. Link
• Alibaba to invest in U.S. startups as part of expansion plan. Link
• Amazon may export delivery lessons from India to cut costs abroad. Link
• Spain’s Mango to shut 450 U.S. sales outlets. Link
• Facebook restricts more content in India than anywhere else. Link

Mobile/Emerging Tech:

• Apple, banks in talks on mobile person-to-person payment service. Link
• Apple may be launching Venmo competitor. Link
• LG and Google introduce a phone-free smartwatch. Link