Hi! I’m back. Happy new season!Here is a recap of news from the last two weeks. Seriously considering an Amazon-only news recap day…thoughts? Meantime, sources are in the hyperlinked text after the headline.
Brands and Retailers
- Amazon Prime Day: what the real lessons are. McKinsey
- Michael Kors is close to buying Versace for $2B. Bloomberg
- Amazon may open 3,000 cashier-less stores by 2021. AdAge
- A look inside Target’s store of the future. AdWeek
- Walmart is borrowing luxury’s playbook to gain an edge on Amazon in fashion. Quartz
- Amazon will sell and deliver live Christmas trees this year. CNN Money
- Gap’s new menswear line is a direct challenge to Lululemon. Fortune
- Ikea quickly shifting to a zero-emissions delivery fleet. Fast Company
- Halloween spending to hit $9B. Retail Dive
- How Nike became the biggest fashion brand in the world. GQ
- Walmart wants to bring its everyday low prices to healthcare. CNN Money
- J.Crew quietly launched a new platform that takes a page out of Amazon’s playbook. Business Insider
- Amazon introduces an Alexa-powered microwave and other home products. The New York Times
- Crate & Barrel CEO says tariffs won’t send production to U.S. Bloomberg
- Farfetch tops price range in IPO boon to luxury market. Reuters
- Why L Brands is shuttering all its Henri Bendel stores. Forbes
- Amazon investigates employees leaking data for bribes. The Wall Street Journal
- Zara’s upbeat outlook eases concerns about online competition. The Wall Street Journal
- Coke may be planning cannabis drinks. Fast Company
- Walmart’s Jet.com to offer Nike products in bid for urban consumers. Reuters
- Starbucks to build 10,000 “greener” stores by 2025. CNBC
- Target launches kitchen line with Chrissy Teigen. Biz Journals
Marketing and Social Media
- Why Weight Watchers is shedding the baggage of an old name. AdWeek
- Google following Instagram and Facebook with push into Stories format. Recode
- Amazon launches “storefronts” to promote small businesses. Fast Company
- Amazon forecast to be No. 3 digital advertising player in 2018. The Wall Street Journal
- Here’s everything Google announced today at its “Future of Search” event. TechCrunch
- How Nordstrom reinvented its loyalty program. Glossy
- FabFitFun expands its video reach with new experiment in live programming. TechCrunch
- Pinterest launches API that lets brans find and track influencers. VentureBeat
- Snapchat lets you take a photo of object to buy it on Amazon. TechCrunch
- Eva Chen explains Instagram’s new shopping features. Vogue
- What the rise of men’s makeup means for masculinity. Vox
- Pinterest introduces a few product tagging tool for organic pins. Marketing Land
- L’oreal doing background checks as part of new influencer vetting process. The Drum
- TripAdvisor wants to become your Facebook for travel. Fast Company
- Time Magazine sold to Salesforce founder for $190M. The Wall Street Journal
Startup + Emerging Tech + Acquisitions
- Here’s why SeriusXM is purchasing Pandora for $3.5B. AdAge
- Meet the nine companies in Snapchat’s new startup accelerator. TechCrunch
- Six AI innovations that could change skincare and beauty. Dazed
- For major beauty companies, brand incubation is the way of the future. Fashionista
- Slack acquires Astro to conquer email. TechCrunch
- Here’s why Adobe dished out $4.75B for Marketo. AdAge
- Google might release a Home Hub to take on the Echo Show. The Verge
- How AI can help stop cyberattacks. The Wall Street Journal
International
- Everything Alibaba does differently and better. Harvard Business Review
- Amazon investment in India ties into retail chain with Aditya Birla. The Wall Street Journal
- UK retailer Oral Kiely ceases trading on cash crunch. BBC
- Taxify rides motorbikes to lead over Uber in Africa. The Wall Street Journal
- Walmart’s purchase of Mexico food delivery app set to spur ecommerce. Reuters