Cyber Monday Edition! You’re probably still on conference calls, waiting for the final hours of sales to hit your constant flow of reports, hoping for the ultimate win of a glitch-free Cyber Monday (sorry, J.Crew!)…so while you are doing that, take a look at a recap of news from the last week. Sources can be found in the hyperlinked text after the headlines.
[Special Section!] Holiday Shopping
- Cyber Monday runs up $840M so far in US sales online. TechCrunch
- Black Friday online sales surge to new records with mobile pushing fastest. Fortune
- This Black Friday, some mall visitors came out for more than bargains. Washington Post
- Thanksgiving ecommerce sales hit a record $2.87B, up 18.3% year-on-year. Techcrunch
- At $1B a day or more, online shopping in the US has already set a new record this month. CNBC
- Macy’s CEO sees strong start to holidays, helped by coat sales. Bloomberg
- Inside the Wal Mart vs. Amazon battle over Black Friday. The Wall Street Journal
- Nike, Macy’s suffer technical snafus on Black Friday. The Wall Street Journal
- Soaring web sales continue to dominate holiday retail. CNBC
- Millennials and the cosmetics boom. New York Times
- Five digital stats that sum up Cyber Monday and Black Friday. AdWeek
- Cyber Monday sales up 16% so far, even though best deals were already gone. AdAge
Brands and Retailers
- Amazon wants you to buy an Echo next to that Whole Foods turkey. Bloomberg
- Retailers offering delayed shipping options to avoid peak charges. The Wall Street Journal
- Retailers experiment with a new philosophy: smaller is better. New York Times
- Victoria Beckham scales up with $40M private equity investment. Fashionista
- Crew to close more stores amid sinking sales. Fashionista
- Everlane is opening its first brick and mortar stores, after years of swearing it wouldn’t. Washington Post
- WeWork reportedly expanding into retail. Retail Dive
- Inside the revolution at Etsy. New York Times
- The future of retail in the age of Amazon. Fast Company
- High-end stores that don’t actually sell anything are the future of retail. Quartz
- Urban Outfitters surprises with strong Q3 earnings. Chain Store Age
- Abercrombie same-store sales blow past estimates. Business Insider
Marketing and Social Media
- Advertisers leaving YouTube due to ad placements. Seeking Alpha
- Inside year three of REI’s #OptOutside campaign. AdWeek
- How Sephora is quietly supporting female entrepreneurs. Glossy
- Facebook debuts web-based VR experiences within standard newsfeed. Marketing Land
- From collaborations to new stores to Paris Fashion Week, here’s how Lacoste is trying to stay relevant. Fashionista
- Snapchat debuts two new advertising products. TechCrunch
Startup and Emerging Tech
- Augmented reality will transform city life. Venture Beat
- Meet the Everlane of skin care. The Cut
- Robot makers raise funding in fight against Amazon. Bloomberg
- Baidu unveils home robots and smart speakers. Venture Beat
- Four futuristic features every retail store will have by 2025. Time
International
- Amazon recruits Indian merchants on hunt for lower priced merchandise. New York Times
- Amazon gears up to begin selling in Australia. Reuters
- French shoppers to spend more online this holiday than last year. Reuters
- Demand for gold in China lifts profit at world’s largest jeweler. Bloomberg
- Amazon is selling its cloud services business in China to local firm. Fortune