Weekly Industry Brief: 10.30.2017

Happy Monday! Here is a recap of industry news over the last week. Sources are in the hyperlinked text after the headline. Cheers to a successful Q4 and holiday season ahead!

Brands and Retailers

  • Nordstrom doubles down on discount format as retail woes deepen. Bloomberg
  • Nike tells investors it will shift away from ‘mediocre’ retailers. The Wall Street Journal
  • Amazon launches Business Prime to bring quick delivery to work. Bloomberg
  • Iconic Lord & Taylor building in New York will become WeWork headquarters. The New York Times
  • Sears stops selling Whirlpool appliances. The Wall Street Journal
  • Amazon shares pass $1,000 after posting strong financials. Techcrunch
  • McDonalds rolls our successor to dollar menu as price war rages. Bloomberg
  • Louis Vuitton scours the nation for a new U.S. factory site and discovers Keene, Texas. Dallas News
  • Columbia Sportswear taps Opening Ceremony for collaborate. Women’s Wear Daily
  • American Eagle’s NYC concept lets students do laundry while shopping. Retail Dive
  • Uber has a new credit card for people who want to earn points for ride-hailing. The Verge
  • Uber will now let you add multiple stops to your route. Techcrunch
  • Preorders start for iPhone X, delivery window hits six weeks. Seeking Alpha
  • CVS said to be in talks to buy Aetna in landmark acquisition. The New York Times
  • Nike sharpens focus on women’s wear, ramps up investment in yoga. Bloomberg
  • Proenza Schouler launches a more casual, accessible second line. Fashionista
  • Nike still plans to hit $50Billion in sales by 2020. Fashionista
  • Jason Wu collaborates with tech juggernaut Stitch Fix. Elle
  • Amazons’ brick-and-mortar returns service deemed underwhelming. Business of Fashion
  • Walgreens to shutter 600 stores as part of Rite Aid deal. USA Today

Marketing and Social Media

  • Under Armour finds a remarkable new ad start in teenage refugee Olympian. AdWeek
  • Kris Wu: China’s Influencer ‘triple threat.’ Business of Fashion
  • What shoppers really want from personalized marketing. McKinsey
  • Twitter shares skyrocket after it says it might finally make money soon. Techcrunch
  • McDonald’s to review its $2B global media buying account. The Wall Street Journal
  • Millennials have fallen in love with Gucci, for now. The Wall Street Journal
  • Amazon ditched its affiliate store feature. Digiday
  • Why Snapchat spectacles failed. Techcrunch
  • Sephora cast its own store employees for its most diverse campaign yet. Racked
  • Keds found its sweet spot by partnering with female entrepreneurs. AdWeek

Startup and Emerging Tech

  • Moda Operandi launches The Platform, an incubator for emerging brands. Business of Fashion
  • Walmart is rolling out shelf-scanning robots in stores. Techcrunch
  • How chat and voice related tech is changing retailer and customer interactions. Retail Dive

International

  • India overtakes the US to become the world’s second largest smartphone market. Techcrunch
  • Martens is finding a new following in Asia. Quartz
  • Amazon takes a long view approach in India. Economic Times
  • Amazon to add seventh Canadian distribution center. CBC
  • The UK’s Marks & Spencer to start offering mortgages next year. Bloomberg
  • How Toronto became an unlikely fashion force. Glossy
Advertisements

Weekly Industry Brief: 10.23.2017

Here is a recap of news in the retail and ecommerce industry from the last week.  Sources are in the hyperlinked text after the headline.

Brands and Retailers

  • Venmo users can now shop online anywhere PayPal is accepted in the US. TechCrunch
  • Amazon and big apartment landlords strike deals on package delivery. The Wall Street Journal
  • Wal-Mart courts Lord & Taylor for online challenge to Amazon. The Wall Street Journal
  • Where internet orders mean real jobs, and a new life for communities. The New York Times
  • ASOS proves fast fashion isn’t cheap, sees huge growth ahead. Retail Dive
  • Target unveils climate change program. Retail Dive
  • Amazon adds apparel, shoes to ‘handcrafted’ shop. Women’s Wear Daily
  • Proenza Schouler debuts new site, powered by Farfetch. Glossy
  • ASOS’s product strategy: 5,000 new styles a week, more in-house designs. Glossy
  • How retailers use personalized prices to test what you’re willing to pay. Harvard Business Review
  • Amazon gets 238 proposals across North American for HQ2. AdAge
  • Under Armour debuts subscription service. AdAge
  • Jet.com launches its own private brand to woo millennials. Fortune
  • Target is keeping it simple for holiday season sales. Fortune
  • Tommy Hilfiger has designed a fashion line for people with disabilities. Fortune

Marketing and Social Media

  • Arianna Huffington’s new app lets you humblebrag about turning your phone off. The Verge
  • Revolve is hosting its own awards show next month. Fashionista
  • Nike is using its new digital studio to build a community of sneakerheads. TechCrunch
  • Facebook is taking aim at LinkedIn again by testing a resume feature. AdWeek
  • Vogue, Vice will team up in bid to win ad dollars. Variety
  • How BFF marketing became the MO for women’s direct to consumer brands. The Business of Fashion
  • This year’s Neiman Marcus Christmas Book gifts are on a different level. Fortune
  • Abercrombie and Fitch draws on legacy for new look. Business of Fashion
  • Facebook is now testing paywalls and subscriptions for instant articles. TechCrunch
  • Rent the Runway’s national campaign wants you to convert your closet into anything you want. AdWeek
  • Snap hit with more layoffs, plans to slow hiring in 2018. Business Insider

Startup and Emerging Tech

  • Stitch Fix files for IPO. Business of Fashion
  • Walmart sees a shopping future filled with AR, AI and chatbots. CNet
  • L’oreal to partner with Paris-based beauty start-ups. Business of Fashion
  • Intel and Amazon partner on voice recognition technology. Engadget
  • Amazon to open visually focused AI research hub in Germany. TechCrunch
  • ‘Pay with Google’ goes live. Techcrunch
  • Walmart’s Store No. 8 showcases the future of VR. Retail Dive

International

Weekly Industry Brief: 10.16.2017

Here is a recap of news in the retail and ecommerce industry from the last two weeks week.  Sources are in the hyperlinked text after the headline. (P.S. Sorry I missed you last week.  I’m back after a reallyyyyyyy awesome week of vacation in Italy.  Work/life balance, work hard/play hard, etc.!)

Brands and Retailers

  • Holiday sales forecasts are rosy, but not for all retailers. The Wall Street Journal
  • Amazon said to be testing its own delivery service. TechCrunch
  • Nordstrom no longer exploring going private. Fashionista
  • Ikea to test selling products via third-party websites. The Wall Street Journal
  • Ikea plans full-range town center showrooms. Reuters
  • S. retail sales rose 1.6% in September. The Wall Street Journal
  • Amazon welcomes teens with new parent-controlled shopping allowance. The Wall Street Journal
  • Wal-Mart plans further cost cuts as competition with Amazon intensifies. The Wall Street Journal
  • How Macy’s is turning beauty store BlueMercury into its secret weapon. Fortune
  • Amazon’s luxury retail problem. Fox Business
  • Reformation is launching a jeans line with over 40 different pieces. Bustle
  • Gucci bans fur, joining others in seeking alternatives. Reuters
  • Amazon getting into private label sportswear. Bloomberg
  • Coach changes its name to Tapestry. The Wall Street Journal
  • Frambridge teamed up for Target to bring custom framing to more people. Fast Company
  • Rent the Runway chases the fast-fashion shopper. The Wall Street Journal
  • Third Love spent a year designing a bra you can sleep in. Fast Company
  • What goes into making Everlane’s earth-friendly $68 pair of jeans. Bloomberg
  • AIM, AOL’s iconic instant messenger service is shutting down after 20 years. Recode

Marketing and Social Media

  • Instagram adds polling stickers to stories. The Verge
  • Snap blows lid on its own surprise AR announcement. Gizmodo
  • Gap is selling subscription boxes for baby clothes. CNBC
  • Snap unveils brand partnerships and context cards. Reuters

Startup and Emerging Tech

  • Net-a-porter poised to launch AI picking service. Retail Gazette
  • Alibaba to spend $15B on innovation projects with new research lab. Bloomberg
  • Apple quietly acquires computer vision startup regaind. TechCrunch
  • Amazon’s Alexa can now recognize different voices and give personalized response. The Verge
  • Manufacturers are making devices increasingly difficult for consumers to fix. The Economist

International

  • Instacart is expanding to Canada in Amazon battle. The Wall Street Journal
  • American jewelry chain Alex and Ani to open first store in the UK. Retail Gazette
  • Ikea puts Latin America, Southeast Asia markets in its sights. Bloomberg
  • Near-record crowds push Uniqlo Canada sales above expectations. Bloomberg
  • JD.com launches luxury platform. Business of Fashion
  • How China’s shopping malls survive and thrive in the ecommerce age. Forbes
  • Mango opens first store in partnership with Myntra in India. Live Mint
  • Amazon gears up for greater presence in Brazil. Bloomberg
  • Amazon to open pop-up bar in Tokyo. Retail Dive
  • Sears Canada approves plan to liquidate most of retail chain’s assets. The Wall Street Journal
  • Flipkart launches private label large appliances category. Live Mint

Weekly Industry Brief: 10.2.2017

Here is a recap of news in the retail and ecommerce industry from the last week.  Sources are in the hyperlinked text after the headline.

Brands and Retailers

  • Disney’s fix for retail slump: stream theme-park events in store. Bloomberg
  • Ford is taking on Tesla with new electric car group called Edison. Quartz
  • Wal-Mart will offer free same-day delivery in NYC. Bloomberg
  • Ikea acquires TaskRabbit. Recode
  • Jet.com will launch its own grocery line. Retail Dive
  • Forever 21 and Taco Bell team up for the next big thing in food fashion. AdAge
  • Timberland blazes a new trail in retail with two new retail concepts. Forbes
  • Starbucks closes online store to focus on in-person experience. The New York Times
  • Wal-Mart steps up efforts to reduce chemicals. Bloomberg
  • Macy’s is overhauling its rewards program to win back straying shoppers. Fortune
  • Nike de-emphasizes retailers in favor of digital sales. Bloomberg
  • Volkswagon to build electric versions of all 300 models by 2030. Bloomberg

Marketing and Social Media

  • Clinique is turning print ads into six-second videos. DigiDay
  • Twitter just doubled the character limit for tweets to 280. The Verge
  • Amazon’s Alexa pairs with Perry Ellis to help men dress. Retail Dive
  • Snapchat will put Jeff Koons’ art installations in augmented reality. The Verge
  • Facebook plans to add 1,000 moderators. Forbes
  • What Tiffany & Co. learned about mobile from watching its competitors. AdWeek
  • Brands are doing more experiential marketing. Here’s how they’re measuring whether it’s working. AdWeek
  • Google is overhauling its search engine to help paywalled new sites attract visitors. Fast Company

Startup and Emerging Tech

  • This $35 add-on will let Amazon Echos place phone calls. TechCrunch
  • A blogger’s social media idea sparks a retail revolution, and $1B in sales. CNBC
  • Shake Shack’s Danny Myer launches private equity fund. Fortune
  • Mastercard users can now browse and buy high-end home décor in virtual reality. Fortune

International

  • India’s apparel retailers build new brands for smaller markets. Financial Times
  • How Estee Lauder is making its global brand locally relevant in China. Jing Daily
  • This Middle Eastern e-Retailer is taking on Amazon. Fortune
  • France cracks down on photo-shopped bodies in Ads. AdAge
  • More luxury stores closed in China over the last year than in any other country. Jing Daily
  • Myntra to manage Espirit in India, curate 15 retail stores. Money Control
  • JD.com to help China’s offline retailers harness ecommerce to improve efficiency. South China Morning Post