Here is some of the industry’s news over the last week. Sources can be found in the hyperlinked text after the headline.
Brands and Retailers
- Lands’ End plans to open 40-50 brick-and-mortar stores over the next five years. Women’s Wear Daily
- Target’s plan to pump $7B into its stores really paid off over the holidays. Fortune
- Target plans private-label denim line. Women’s Wear Daily
- As Amazon and Walmart duke it out, niche retail can thrive. Fast Company
- Wal-Mart raises US hourly wage to $11 in wake of tax overhaul. Bloomberg
- With Nyden, H&M tests a brand designed to attract millennials. Glossy
- A tough agenda faces Neman Marcus’ new CEO. Forbes
- Yoox Net-a-Porter group’s sales hit yet another milestone in 2017. Fashionista
- Why Nike sees social responsibility as an opportunity to innovate. Fast Company
- Supreme Court could rule whether e-retailers pay state sales tax. Retail Dive
- New Look working with Deloitte on store closure plan. Telegraph
- Beauty’s future will be more about technology, quality, formulation and individualization. CNBC
- Department stores’ deepest woes remain in spite of upbeat holiday sales. CNBC
- Get to know commodity, the gender-neutral beauty company taking Sephora by storm. Fashionista
- If retailers want to compete with Amazon, they should use their tax savings to raise wages. Harvard Business Review
Marketing and Social Media
- Ad buyers prefer Instagram to Snapchat. Fast Company
- Facebook to change algorithm to favor posts from family and friends. AdAge
- CVS vows to stop altering beauty images in its marketing. Wall Street Journal
- Gimlet Media is one step closer to becoming the HBO of audio. Fast Company
- America’s love-hate relationship with social media, quantified. Recode
- Digital-only magazine covers are bringing media brands into the digital age. Fashionista
Startup + Emerging Tech + Acquisitions
- Try-at-home gets a tech update with sensor suits. Glossy
- Apple is the only place you can buy Colgate’s new artificially intelligent toothbrush. Business Insider
- Kroger and rivals in talks to buy wholesales startup Boxed for up to $500M. Forbes
- Peloton wants to strike gold again with a $4K connected treadmill. Fast Company
- Lenovo Mirage Solo is Google’s bet on the future of VR. CNN
- Pay by fingerprint? Visa’s new card marks it possible. Fast Company
- Bots are about to get better at customer support than humans. Wired
- Amazon’s Alexa could start giving out opinions. Retail Dive
International
- How ASOS became a top beauty retailer in the UK. Glossy
- Apple and Tencent reach deal to let WeChat users dole out tips. Wall Street Journal
- Sales of lipsticks for kids grew six-fold last year in South Korea. Quartz