Happy Monday! Here is a recap of industry news from the last week. Sources are in the hyperlinked text after the headline.
Brand + Retailer
- Amazon earnings show effects of one-day shipping. The Wall Street Journal
- UPS adds 12,000 pickup locations and adds Sunday delivery. The Wall Street Journal
- Google’s new shopping platform is now live. Forbes
- Amazon and police partner on doorbell cameras. Engadget
- Barneys begins to raise financing for potential bankruptcy. CNBC
- Apple and Goldman Sachs credit card targeting August launch date. Bloomberg
- Zara parent doubles down on sustainability. Fast Company
- The Sprint/T-Mobile merger was blessed by the DOJ but lawsuits remain. Fast Company
- Armani sales fall again as founder pushes to restructure brand. Business of Fashion
- Nike exploring sale of surf brand Hurley. Business of Fashion
- Target’s small-format stores are its biggest weapon against Amazon and Walmart. Inc.
- Adidas ramps up sustainability efforts. AdWeek
- Apple to pay Intel $1B for modem business to juice 5G. CNBC
- eBay adds new service to make delivery faster. Bloomberg
- How Shopify became an ecommerce giant. Forbes
- Kroger goes full robot to take on Amazon. Bloomberg
- How Chanel’s beauty products propel its business. Glossy
- Amazon looks beyond Whole Foods in grocery push. The New York Times
- How Etsy crafted an ecommerce comeback. Fortune
Social + Marketing
- Fake followers in influencer marketing will cost brands $1.3B this year. CNBC
- Amazon opens streaming TV ad sales to outside buying tools. The Wall Street Journal
- Twitter earnings reveal increased revenue and daily active users. Fast Company
- Twitter says it boosts users through machine learning. The Drum
- Snapchat is beta testing dynamic product ads and retargeting. Business Insider
- Alphabet stock soars as Google ad sales signal a return to form. Fast Company
- 2.1B people use Facebook’s family of apps on a daily basis. AdWeek
- Snapchat attracts 13M new daily users thanks to gender-swap filter. AdAge
- Luxury brands are taking over the street art scene. Bloomberg
- TikTok stars are preparing to take over the internet. The Atlantic
- How Pinterest factored into Amazon Prime Day. AdWeek
- NBCUniversal expects to exceed $1.2B in ad sales during 2020 Tokyo Olympics. AdWeek
- How TikTok is testing in-app ecommerce. Digiday
- McDonald’s, Uber and Johnson & Johnson no longer have chief marketing officers – here’s what that means. CNBC
Start-Ups + Emerging Tech
- Walgreens to implement voice-powered AI at all stores. Drug Store News
- Amazon launches Prime Video for VR. VentureBeat
International
- Alibaba welcomes U.S. small businesses to sell globally on its platform. Reuters
- ASOS starts next-day delivery in the US. Glossy
- KFC uses an International mindset to expand globally. Forbes
- China’s tech startups flourish in tales-rich second-tier cities. Nikkei Asian Review
Fashion. Retail. Tech. News. 