Hi! Here’s your recap of industry news from the last week. Sources are in the hyperlinked text after the headline.
Brands + Retailers
- Amazon captures 30% of online grocery spending. RetailDive
- Wall Street analysts are now selling more data, less analysis. The Wall Street Journal
- LVMH forms partnership for cross-border payments help. RetailDive
- Dollar Shave Club branches into fine fragrances and vending machines. AdAge
- CVS to test stores with added health services next year after Aetna deal closes. CNBC
- Walmart’s celebrity collaborations for the holidays include Ellen DeGeneres and Kendall and Kylie Jenner. Variety
- Sears considers selling up to $900M in debt. Bloomberg
- Victoria’s Secret’s CMO facing backlash for controversial comments about casting. Fashionista
- Apple pumps up its Amazon listings with iPhones, iPads and more. CNet
- See the Amazon HQ2 picks: Crystal City and Long Island City. CNN
- Ralph Lauren builds on plan to win young shoppers. The Wall Street Journal
Marketing + Social Media
- How much does brand DNA matter? Business of Fashion
- How digitally native brands negotiate wholesale partnerships. Digiday
- Pinterest gets a redesigned feed that looks a lot like Instagram. The Verge
- Facebook goes after TikTok with the debut of Lasso. Fortune
- Lyft is launching a rider loyalty program in December. TechCrunch
- Are you ready for the nano-influencers? The New York Times
- Generation Z and its implications for companies. McKinsey
- Amazon is mailing a printed holiday toy catalog to millions of customers. CNBC
- Google and Amazon pursue shopper marketing budgets. Digiday
- Glossier emphasizes experience at 2nd permanent store. The New York Times
Startup + Emerging Tech + Acquisitions
- How Yoox is using artificial intelligence to assist design in its private label brand. Glossy
- SAP acquires Qualtrics for $8B just before its IPO. Forbes
- Google and Sephora are bringing beauty tutorials to the newest home device. AdWeek
- Snap’s former No. 2 exec is building an online shopping startup. ReCode
- American Eagle invests in Dormify. Seeking Alpha
- WalMart building an AI lab insides one of its stores. TechCrunch
- Samsung unveils its foldable smartphone. Fortune
International
- China’s Singles’ Day brings in a record-breaking $30B. Fast Company
- Alibaba rival JD sees Singles’ Day revenue jump 27% thanks to offline push. TechCrunch
- JD.com competes for luxury partners with tech and white gloves. Jing Daily
- China’s obsession with short videos has its internet giants worried. TechCrunch
- With an assist from Alibaba, Starbucks’ China delivery strategy offers clues of what may be coming in the U.S. Digiday