Happy Monday! Here is a quick list of industry news from the last week. Sources are in the hyperlinked text after the headline.
Brands and Retailers
- Amazon suffers glitches at the start of Prime Day, its biggest shopping day of the year. CNBC
- Amazon’s share of the US commerce market is now 49% or 5% of all retail spend. TechCrunch
- Nordstrom Local expands its innovative, inventory-free retail hubs. Fast Company
- Fabletics plans to open 75 new stores in global push. CNBC
- Home Depot getting into the home decor space. Forbes
- US mobile data use, cell sites set new records in 2017. Wireless Week
- Study finds that Amazon Prime Day suppresses foot traffic at other retailers. Fortune
- Nike’s digital reboot is working. CNN Money
- New Nike concept store goes live in LA. Retail Dive
- How Kylie Jenner built a $900M fortune in less than 3 years. Forbes
- Why brands like Madewell and Reformation are driving growth for Nordstrom. Fashionista
- How Huda Kattan built a multi-million dollar beauty brand from a blog. Fast Company
- This retailer is betting big on made-to-order brands and is opening 15 stores dedicated to it. AdWeek
- Strong retail sales in June boosted growth. The Wall Street Journal
- CPG giants seek out tie-ups and push M&A to 15-year high. Forbes
- Apple launches clean energy fund in China. NBC
- Netflix stock plummets after missed subscriber targets by 1M. Fast Company
Marketing and Social Media
- Target has a secret app for superfine and it looks like Instagram. Fast Company
- Google works with Shopify to spur commerce, retail ad spending. Bloomberg
- Aerie’s latest campaign features women in wheelchairs, with illnesses and more. Fashionista
- Pinterest’s rudimentary consultancy gives retailers advice on in-store marketing. The Drum
- On Instagram TV, brands go longer, weirder. AdAge
- Facebook testing AR ads in the news feed and new tool to help brands create video ads. MarketingLand
- Google expanding store visitation and local conversion reporting. Search Engine Land
- How H&M’s millennial brand Nyden is crowdsourcing design on Instagram. Glossy
Startup + Emerging Tech + Acquisitions
- Alibaba, Amazon and Nike all point to the next innovation in retail: personalized physical spaces. Forbes
- AdQuick raises over $2M to make billboard advertising more programmatic. TechCrunch
- Lady Gaga is quietly working on a new beauty startup. Recode
- Retailers use AI for more personalized approach. AdAge
- Facebook taught bots how to navigate New York City using natural language. Fast Company
- Adobe is bringing real Photoshop to the iPad, possibly in 2019. Fast Company
International
- Burberry to cut prices in China. Jing Daily
- Louis Vuitton expands ecommerce to cover all of China. Jing Daily
- Instagram is changing the way fashion sells in India. Quartz
- WeWork’s biggest rival in China is on an acquisition spree. TechCrunch