Happy Thanksgiving week slash one-week-til-Cyber-Monday! This year marks my first year in many years that I won’t be on the phone every other hour for war room check-ins over the holiday weekend. Wishing everyone positive comps and no website crashes!
In the meantime, do a quick skim of the industry news from the last week here. Sources are in the hyperlinked text after the headline.
Brands + Retailers
- Walmart passes Apple to become No. 3 online retailer in U.S. TechCrunch
- Levi’s plans IPO that values the company at up to $5B. CNBC
- Ticketmaster and Fanatics link up to sell march and tickets on each others’ platforms. TechCrunch
- J.Crew CEO steps down. Fast Company
- Get ready for the first-ever trillion-dollar shopping season. Fast Company
- Netflix is testing a mobile-only subscription to make its service more affordable. TechCrunch
- Rent more than the runway: why soon you won’t own any clothes at all. Fast Company
- Why JP Morgan’s top internet analyst expects breakout growth for Facebook and Amazon shares in 2019. CNBC
- In the era of online shopping, the retail store is immersive theater. Quartz
- How Amazon now shapes what our stuff looks like. Gizmodo
- Nike’s huge new flagship looks like the future of retail. Fast Company
- FAO Schwarz puts a new spin on its dance-on piano as part of comeback. CNBC
- Starbucks to lay off 5% of corporate workforce. The Wall Street Journal
Marketing + Social Media
- GirlBoss is launching a Linkedin-like platform that’s exclusively for women. AdWeek
- YouTube is now showing ad-supported Hollywood movies. AdAge
- ThirdLove CEO had perfect response to Victoria’s Secret shade. Fast Company
- Advertisers are giving people with 1,000 Instagram followers endorsement deals. Fortune
- Buzzfeed will tell you want millennials want, for a fee. Bloomberg
- Making YouTube videos stoppable just got a lot easier for influencers. AdWeek
- Facebook is shutting down its connected-TV ad network. Digiday
- Snapchat’s new commerce channel lets consumers shop without leaving the app. AdWeek
- Spotify, Pandora turn to podcasts for listeners, profits. The Wall Street Journal
- Saks launches holiday gift guide chatbot on Messenger. AdWeek
- Snapchat launches Bitmoji march and comic strips starring your avatar. TechCrunch
Startup + Emerging Tech + Acquisitions
- iHeartMedia is acquiring ad ad-tech startup to expand programmatic audio advertising. AdWeek
- Ford and Walmart join forces for driverless delivery pilot in Miami. AdAge
- Walmart is using virtual reality simulation to train employees for Black Friday. Vox
- Facial recognition’s growing adoption spurs privacy concerns. The Wall Street Journal
- Fashion’s infatuation with AR continues. Glossy
International
- Disney receives Chinese approval for purchase of Fox assets. AdAge
- The great promise of China. The New York Times
- How Allbirds plots international growth. Digiday
- How Michael Kors is driving Chinese tourists to US stores. Glossy
- Another foreign furniture giant is following IKEA to India. Quartz