Happy Monday! Here is a recap of industry news from the last week. Sources are in the hyperlinked text after the headline.
Brands and Retailers
- QVC’s plan to survive Amazon might actually be working. Bloomberg
- Loft moves into plus sizes in attempt to bolster slumping sales. Glossy
- Macy’s will be the first major US department store to sell hijabs. Business of Fashion
- Lululemon CEO resigns after falling short of company’s code of conduct. Fast Company
- Less selection will define retail in 2018. Retail Dive
- Estee Lauder targets 5-second attention span in digital makeover. Business of Fashion
- How Target, Kroger and Design Within Reach are tapping tech to improve your shopping trip. Forbes
- Getting your product on shelves at Whole Foods just got harder. Wall Street Journal
- L.L. Bean to link boots, coats to blockchain. Wall Street Journal
- Booming Costco courts millennials with online and delivery, but stores still rule. The Seattle Times
- Amazon said to launch delivery service to compete with UPS and FedEx. TechCrunch
- Coty quarterly profit beats as acquisitions pay off. Business of Fashion
- L.L. Bean drops lifetime return policy. CNN Money
- Retail sales expected to climb as much as 4.4% in 2018. CNBC
- Amazon is laying off hundred of employees at its Seattle headquarters. Fortune
- In the wake of Amazon, trophy retail properties fall short. Forbes
Marketing and Social Media
- Instagram give brands a new way to sell in collection ads. AdAge
- Snap revenue surges on user growth, advertising gains. Bloomberg
- Pinterest users are conducting 600 million visual searches per month. AdWeek
- Birchbox, Revolve test Instagram Collection ads. MarketingDive
- YouTube usage soars nearly 30%. MediaPost
- Twitter posts a profit for the first time. AdAge
- The most successful brands focus on users not buyers. Harvard Business Review
- Viacom to launch its own streaming service this year. TechCrunch
- Unilever threatens to pull funds from social media that breeds division. AdAge
- Brands are becoming accountable for where digital ads show up. The New York Times
- Snapchat starts selling $10+ caption able AR masks for events. TechCrunch
- The Affluencers: influencers who have actual influence. The Cut
- Facebook testing down-vote option for flagging abusive comments. Entrepreneur
- Why you won’t see Olympic-themed McDonald’s commercials this year. CNN Money
Startup + Emerging Tech + Acquisitions
- Cardlytics up 3% following IPO, raised $70M. TechCrunch
- Grocery delivery startup Instacart is almost a unicorn. Fast Company
- Amazon wants Alexa to be your home’s brain and this could be the next step. Fast Company
International
- How Tmall is fueling the global growth of China’s fashion designers. Glossy
- Amazon eyes new warehouse in Brazil ecommerce push. Business of Fashion
- How luxury brands sell and celebrate Chinese New Year online. Jing Daily
- Alibaba buys sake in Chinese furniture retailer Easyhome. South China Morning Post