Happy Monday! Here is a recap of industry news from the last week.  Sources are in the hyperlinked text after the headline.  Stay cool!

Brands and Retailers

• Sephora, Ulta and the battle for the $56B US beauty retail market.  Forbes
• Brookstone files for bankruptcy and will close all of its mall stores.  CNN
• Apple’s value hits $1 Trillion.  The New York Times
• Wrigley billionaire moves from chewing gum to medical marijuana.  AdAge
• Pepsi CEO Indra Nooyi to step down in October.  Fast Company
• Gumps, a 157-year old retailer, files for bankruptcy protection.  SF Chronicle
• Mattress Firm explores US bankruptcy to close stores.  CNBC
• Speaker maker Sonos goes public but acknowledges vulnerability.  The Guardian
• Amazon’s health and beauty sales soar.  eMarketer
• Apple looks to services to move beyond iPhone price ceiling.  Bloomberg
• Subscription startup Kidbox launches its own clothing lines.  TechCrunch
• Zara uses downtown stores to shop online orders.  The Wall Street Journal
• From Amazon to Alibaba, grocers’ agony is endless.  Bloomberg
• Inside Levi’s ambitious plan to cut its carbon footprint.  Fast Company

Marketing and Social Media

• Facebook taps banks, but for chatbots not purchase data like Google.  TechCrunch
• Facebook is now a major mobile browser in the US, with 10% market share in many states.  TechCrunch
• Forget photo shoots.  Why GQ and Gucci are betting on cult podcasts.  The Wall Street Journal
• Burberry changes logo for first time in two decades.  AdAge
• The bizarre new way people are finding jobs: Tinder.  MarketWatch
• Best Buy targets youth in new campaign promoting teen tech centers.  AdAge
• Kylie Jenner launched her own Instagram face filter.  Harpers Bazaar
• Snapchat quietly launched sticker packs to win over creators.  Digiday
• WhatsApp finally earns money by charging businesses for slow replies.  TechCrunch
• Snapchat launches its first speech recognition lenses.  TechCrunch
• Ikea attempts to co-opt Ikea hacking.  Fast Company
• Twitter elevates executives in restricting aimed at more engaging content.  USA Today
• Google reveals Android P is named Pie. The Verge
• How Estee Lauder is rethinking consumer engagement to drive innovation.  Business of Fashion

Startup + Emerging Tech + Acquisitions

• Peloton snags $550MM in new financing, valued at $4B ahead of expected IPO.  Fast Company
• The startup behind New York’s retail reawakening.  Business of Fashion
• Lessons CPG brands can learn from startups.  AdWeek
• Walmart testing robots to fill grocery orders more quickly.  PYMNTS
• Uniqlo launches is own digital shopping assistant.  VentureBeat
• Zillow gets into the mortgage business, acquires Mortgage Lenders of America.  TechCrunch
• AirBnB for Work now accounts for 15% of all bookings.  TechCrunch
• How Poshmark’s sellers made $1B off the ‘social mall.’ RetailDive

International

• LemonBox brings US vitamins and health products to consumers in China.  TechCrunch
• China’s online shopping giants open thousands of brick-and-mortar stores.  The Wall Street Journal
• Malls are making a surprising come back in southern India. Quartz