Weekly Industry Brief: 5.28.2019

I hope everyone enjoyed a nice long weekend.  Here is a quick rundown of headlines from the last couple of weeks. Sources are in the hyperlinked text after the headline.

Brands + Retailers:

  • Urban Outfitters to launch clothing rental concept.  The Wall Street Journal
  • Whole Foods is testing convenience store model in New York City.  Business Insider
  • Amazon bets on Kohl’s as its own brick-and-mortar efforts falter.  Bloomberg
  • Dress Barn to close all stores.  Reuters
  • Target’s profitable same-day delivery strategy is driving digital sales.  Digiday
  • TopShop files for bankruptcy in the US.  The Wall Street Journal
  • The Body Shop parent company to buy Avon. Bloomberg
  • Home Depot to bring next day delivery to half of US.  Business Insider
  • L Brands real secret is Bath & Body Works.  Retail Dive
  • Nike says its changing contracts to protect pay during pregnancy.  CNBC
  • What the Harry’s acquisition means for retailers.  Retail Dive
  • SteinMart to put Amazon lockers in 200 stores.  TechCrunch
  • Nordstrom sets October for first New York City flagship opening.  Bloomberg
  • Digital innovation drove Walmart’s Q1 sales.  USA Today
  • Macy’s books better results as digital sales grow.  The Wall Street Journal
  • Walmart, Target quietly exploring CBD product lines.  NY Post
  • Amazon to pay employees to start their own delivery service.  VentureBeat

Marketing + Social Media

  • Walmart boasts the most app downloads.  Forbes
  • Sephora whittles down 15K influencers to 24.  AdWeek
  • Nike’s latest Jordans are only available on Fortnite.  AdAge
  • Target was the first chain to master high-end fashion collabs. Here’s how. Vox
  • Men are a multi-billion dollar opportunity for beauty industry. CNBC
  • Why online retailers are experimenting with invite-only access. Forbes
  • How Google is pitching retailers as it looks to grow its commercial business.  Digiday
  • TikTok parent company working on its own smartphone.  TechCrunch
  • How Pinterest plans to support more self-serve advertisers.  AdAge
  • Etsy taps Google Cloud to improve search, juicing sales.  The Wall Street Journal
  • Trader Joe’s unveils YouTube channel. Delish
  • Instagram adds Stories to explore tab.  TechCrunch

Start Up + Emerging Tech + Acquisitions

  • Target eyes acquisition of ad tech provider.  The Wall Street Journal
  • Amazon is working on a device that can detect human emotions.  AdAge
  • Amazon leads investment in UK-based food delivery start-up Deliveroo.  VentureBeat
  • Adidas invents a shoe meant to be repeatedly recycled.  Glossy

International

  • In India, users can now book flights on Amazon.  LiveMint
  • Ikea to open its first Mexico store in 2020.  Reuters
  • Meet the 27-year-old set to be the first woman to co-found a $1B start up in India.  CNBC
  • Marks & Spencer to speed up store closure plan.  Retail Gazette
  • Alibaba revenue up 51%.  TechCrunch
  • Amazon expands in-store pick up options in Europe.  Bloomberg

 

 

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