Here is a recap of retail and ecommerce industry news from the last week. Sources can be found in the hyperlinked text after the headline. Cheers!
Brands and Retailers
- H&M pledges to use 100% sustainable materials by 2030. WWD
- ‘Same-store sales’ is retail’s increasingly irrelevant metric. Forbes
- America’s retailers are closing stores faster than ever. Business of Fashion
- Why Amazon is trying to convince CPG giants to go direct to consumer. Forbes
- Big returns in hassle-free returns. Forbes
- LVMH sales rise 15%, beating estimates. Business of Fashion
- Staples explores sale after failed Office Depot deal. The Wall Street Journal
- Amid the “retail apocalypse” beauty stores are thriving. Quartz
- Ralph Lauren to close flagship Fifth Avenue store, cut jobs. Business of Fashion
- Etsy heralds congressional caucus on micro business. EcommerceBytes
- A new generation of even faster fashion is leaving H&M and Zara in the dust. Quartz
- The Jenna Lyons era at J.Crew comes to an end. New York Times
- H&M tries on multiple personalities to keep growing. Bloomberg
- SoulCycle sold fans on fitness, now it’s cashing in on clothes. Racked
- Walmart thinks it has four strategic advantages over Amazon. Business Insider
- Amazon plans to hire 30,000 part time employees. Fortune
- Online retailers’ new warehouses heat up local job markets. The Wall Street Journal
- Stores take flight from Fifth Avenue in Manhattan. New York Times
- HHGregg to close all stores after failing to find a buyer. IndyStar
Marketing and Social Media
- Twitter lets brands use location data in direct messages. Venture Beat
- Amazon will stream Thursday night NFL games this year. Recode
- Which luxury brands are reaching millennial shoppers? Huffington Post
- Brands are capitalizing on Coachella before the festival even begins. Fashionista
- Google brings fake news fact-checking to search results. Bloomberg
- YouTube will no longer allow creators to make money until they reach 10,000 views. The Verge
- Here is how much top influencers can make on Instagram and YouTube. Forbes
- Zappos rolls out traveling experiential marketing event. MediaPost
- YouTube TV launches live service in major markets. Seeking Alpha
- Prepare to be inspired by SoulCylce’s first major marketing campaign. AdWeek
Startup and Emerging Tech
- Adidas to mass produce 3D-printed shoe with Silicon Valley start-up. Reuters
- Canada tries to turn its A.I ideas into dollars. New York Times
- Apple Pay promised to make plastic obsolete; then came way shoppers and confused clerks. The Wall Street Journal
- Interactive magic mirrors are changing how we see ourselves – and shop. Fast Company
- Why regional fashion incubators outside of New York and LA matter. Fashionista
International
- Tory Burch opens flagship store on Regent Street in London. Retail Gazette
- India’s Flipkart raises $1.4B in biggest ever funding round. Business of Fashion
- Why China is leading us to the future of commerce. Forbes
- What Flipkart stands to gain against Amazon if it merges with Snapdeal. Quartz
- Can Li & Fung recast itself to catch up with the internet age? South China Morning Post
- Walmart grocery pickup coming to Canada. Canadian Grocer
- Amazon takes voice battle with Apple TV outside the US. Bloomberg
- Zara’s new Madrid store challenges Corte Ingles in retail tussle. Bloomberg
- India’s malls make changes to stay competitive. Economic Times