Weekly Industry Brief: 2.29.2016

Leap day edition! Did you hear Zappos gave their employees the day off?

For the rest of us, here is your Monday recap of industry news over the last week from around the web.  Sources can be found in the hyperlinked text after the headline.

Brand/Retailer

  • Online lingerie retailer Adore Me to open brick-and-mortar stores. Link
  • Kohl’s to test smaller format stores. Link
  • Restoration Hardware announces membership program. Link
  • Samsung reinvents retail in New York’s meatpacking district. Link
  • How the CEO of Barney’s turned the retailer around. Link
  • American Eagle Outfitters’ new warehouse meets omnichannel needs. Link
  • Adidas launches subscription box service. Link
  • Nordstrom’s high cost for online sales. Link
  • Tommy Hilfiger launches ‘inclusive’ clothing line for kids with disabilities. Link
  • Frances Valentine launches ecommerce. Link
  • Rachel Zoe dives into retailwith first standalone store. Link
  • Retailers reconsider store counts as traffic dips. Link
  • Click-and-collect programs gave Target a holiday boost. Link

Marketing/Social Media

  • Facebook enhances everyone’s Like with Love, Haha, Wow, Sad, Angry Buttons. Link
  • Getting YouTUbe stars to sell your product. Link
  • Instagram has over 200,000 advertisers just five months after opening the spigot. Link
  • Retailers hope smaller stores, personalization and digital will stanch the bleeding. Link
  • Amazon’s ‘The Fashion Fund’ follows Vogue’s design competition. Link
  • NBC replaces ads with paid content from American Express. Link
  • Snapchat using Nielsen as standard measure for its advertising. Link

Start Ups

  • MakeSpace raises $17.5 Million for hassle-free storage units. Link
  • HomeMe launches with app to take the pain out of apartment rentals. Link
  • Same-day delivery startup Deliv gets funding boost from UPS. Link
  • com acquires online retailer Hayneedle. Link
  • GoPro spends 20% of its cash on hand to acquire two video editing startups. Link
  • RocketClub lets early adopters earn a financial stake in startups. Link

International

  • UK consumers do more shipping on mobile devices. Link
  • Cross-border ecommerce is luring Chinese shoppers. Link
  • The Montreal company shaking up luxury fashion, one pair of $860 sweatpants at a time. Link
  • India’s Flipkart sees value cut 27% amid startup shakeout. Link
  • Amazon partners with British supermarket chain Morrisons for fresh grocery deliveries. Link
  • Ilea’s India bet runs into thicket of rules. Link
  • Mideast online retailer Souq.com raises $275M from investors. Link
  • Japan manufacturing output up in January, retail falls. Link
  • With humility, Starbucks will enter Italian market. Link

Emerging Tech/Mobile

  • Will virtual reality save retail? Link
  • Mobile payments gain big traction among millennials. Link
  • Meet Fabric, Twitter’s new mobile app built specifically for developers. Link
  • Square cash takes aim at businesses with new ‘Cash Drawer’ feature. Link
  • Apple surpasses Fitbit as the world’s largest wearable maker. Link

 

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