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