WEEKLY INDUSTRY BRIEF: 3.26.2018

Hi friends! Here is a recap of industry news from the last week.  Sources are in the hyperlinked text after the headline.

Brands and Retailers

  • Amazon has considered buying some Toys ‘R’ Us stores.  Bloomberg
  • WalMart’s ecommerce CEO explains why its many acquisitions will help it reach millennials.  AdWeek
  • WalMart to start selling cars at 250 stores.  AdAge
  • Everlane launches underwear basics.  Fast Company
  • Billionaire CEO wants to launch GoFundMe to buy Toys R Us.  The Washington Post
  • Best Buy to stop selling Huawei.  CNet
  • Ulta, Gap, Target and more: these retailers are still opening stores in 2018.  CNBC
  • Sephora is capitalizing on limited edition by commissioning exclusive products from brands.  Glossy
  • Nordstrom to partner with sneaker marketplace Stadium Goods at its stand-alone men’s store.  CNBC
  • Gap Inc. pledges to conserve 10B liters of water by 2020.  Fashionista
  • Chanel Beauty is expanding distribution in an effort to talk directly to customers.  Glossy
  • How retailers are defending their reason for existing in the Amazon age.  Glossy
  • New Look to close 60 stores.  Telegraph
  • Amazon just passed Alphabet to become the world’s second most valuable company.  CNBC
  • FedEx to add 500 new locations in Walmart stores in two years.  Business Insider
  • Everlane’s five tactics for winning at physical retail.  Business of Fashion

Marketing and Social Media

  • Facebook and Google face emboldened antagonists: big advertisers.  The Wall Street Journal
  • Rivals chip away at Google’s and Facebook’s US digital ad dominance.  The Wall Street Journal
  • Instagram tweaks its feed to show newer posts first again.  Fortune
  • Home Depot expands partnership with Pinterest.  Retail Dive
  • Sonos is yanking its Facebook ads in response to the Cambridge Analytica scandal.  Fast Company
  • As Instagram Shopping goes global, brands look to optimize mobile commerce strategies.  Glossy
  • Elon Musk just deleted the Facebook pages for Tesla and SpaceX.  Fast Company
  • Facebook debuted 3 new ad products for retailers at ShopTalk.  AdWeek
  • YouTube just become the top grossing iPhone app of the first time.  TechCrunch
  • Glossier’s customer obsession is about stirring up conversation.  RetailDive
  • Hulu has started to address advertisers’ inventory frustration.  Digiday
  • YouTube to increase ad inventory.  The Verge
  • Snapchat launches Map Explore feature to highlight breaking news.  The Verge

Startup + Emerging Tech + Acquisitions

  • Amazon has patented a drone that reacts to people shouting and waving at it.  USA Today
  • Salesforce is buying MuleSoft at enterprise value of $6.5B.  TechCrunch
  • This sneaker startup’s explosive growth comes from creative partnerships.  Fast Company
  • Dropbox pops in IPO.  CNN Money
  • Google may acquire light-field tech company Lytro for VR/AR.  CNet
  • Cheddar raises $22M for international expansion.  The Wall Street Journal
  • WalMart’s future could include drone assistants and smart cars.  Engadget
  • Tech’s next big wave: big data meets biology.  Fortune

International

  • India’s commerce market is exploding. Quartz
  • Uber exiting Southeast Asia.  TechCrunch
  • How to chase the next half-billion internet addicts in China.  The Wall Street Journal
  • Alibaba is doubling down on Southeast Asia as its rivals are moving in.  Quartz
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s