Hey! I’m back after a hectic Monday prevented me from posting last week. Here is a recap of industry news from the last two weeks. Sources are in the hyperlinked text after the headline. Have a great week!
Brands + Retailers
- Levi’s to return to stock exchange after strong comeback. Fortune
- Luxury retailer Barney’s jumps on the cannabis train with fancy head shop in Beverly Hills. The New York Times
- PayLess is closing all its 2,100 US stores. CNN
- Walgreens to add mobile payment app Alipay. AdWeek
- Amazon pulls out of planned New York City headquarters. The New York Times
- Amazon launches a home shopping channel. Forbes
- Subscription ecommerce startups show resilience. The Wall Street Journal
- Google to invest $13B in US data centers and offices this year. CNN
- Crate & Barrel partners with home services site Handy for furniture assembly deal. Reuters
- AirBnB just hired Virgin America’s former CEO as chief transportation officer. Fast Company
- Most U.S. companies say they are planning to transition to a circular economy. Fast Company
- Hermes’ refusal to change is its most radical gesture yet. The New York Times
- Victoria Beckham launches own-brand beauty. Vogue
- Amazon aims to make half of its shipments carbon neutral by 2030. TechCrunch
- Angela Ahrendts is leaving Apple. Fortune
- Apple’s executive shake-up readies company for life after iPhone. The Wall Street Journal
- CVS’s new HealthHub concept aims to reinvent the corner drugstore. The Motley Fool
Marketing + Social Media
- Instagram purges fake followers. Fast Company
- Facebook tests empowering publishers to deliver ads to Watch. AdAge
- What brands are doing to be more inclusive for people with disabilities. Marketing Week
- Lego partners with Snapchap to sell clothing. Forbes
- US digital ad revenues up 22% to reach $26.2B reports IAB. The Drum
- Pinterest is bringing skin tone ranges to its iOS app. AdWeek
- Target is taking its new loyalty program to more cities. CNBC
- Amazon debuts rewards programme on Washington Post and TikTok apps. The Drum
- Amazon has a big advertising business and Walmart wants one too. Bloomberg
Startup + Emerging Tech + Acquisitions
- Apple buys UK-based digital marketing startup, DataTiger. AdAge
- JP Morgan is launching its own cryptocurrency. The Verge
- Amazon opens up Alexa store for anyone to create and publish custom skills. The Verge
- Facebook acquires visual search business GrokStyle. Essential Retail
- Apple hires ex-Microsoft exec to revamp its smart home business. CNBC
- Walmart is putting VR-equipped trailers in its parking lots with plans to bring it to stores. CNBC
- Joor raises $16M to expand its online fashion marketplace for wholesalers. VentureBeat
- Foot Locker pours $100M into sneaker resale startup GOAT. Fast Company
International
- Estee Lauder sales rise as Chinese consumer spend big on beauty. The Wall Street Journal
- UK retail sales jump the most in six months on clothing discounts. Bloomberg