Weekly Industry Brief: 8.5.2019

And just like that, it’s August! Here is a recap of industry news from the last week.  As always, sources are in the hyperlinked text after the headline.

Brand + Retailer

  • Uber cut a third of its marketing staff.  The Wall Street Journal
  • Summary of recent earnings from Facebook to Netflix to Amazon. eMarketer
  • Barney’s nears bankruptcy filing with plans to close most stores.  The Wall Street Journal
  • Why Airbnb, Target and Walmart are betting on the experience economy.  Fast Company
  • Apple and Goldman Sachs are planning to launch their credit card in August.  AdAge
  • Shake Shack launches delivery. Fast Company
  • CVS targets millennials with Prime-like membership.  CNBC
  • Whole Foods wants to help decorate your next party. Fast Company
  • Inside Nuuly, Urban Outfitters’ attempt to take on the rental market.  Modern Retail
  • Amazon adds a styling service to Prime Wardrobe.  RetailDive
  • Levi’s is moving away from off-price retailers.  Fortune
  • Amazon quietly launches private-label CPG products for commercial clients.  AdAge
  • 3M invents an ingenious way to ship packages without cardboard boxes.  Fast Company
  • Amazon wants to rule the grocery aisle, not just at Whole Foods.  The New York Times
  • CapitalOne reports data breach affecting 100M customers and applicants.  The Wall Street Journal
  • Brandless’ new CEO is dumping it’s $3 price point, hitting the stores and going big on CBD.  Forbes
  • L’Oreal says sluggish US makeup market has hit sales.  CNBC
  • How multi-billion dollar brand Carters became a staple while competitors shutter.  Washington Post
  • Textile waste has increased 811% since 1960.  Supply Chain Dive
  • Kroger is upping its advertising game.  Fortune

Social Media + Marketing

  • Victoria’s Secret hires transgender model.  Fast Company
  • Beauty brands are setting their sights on TikTok.  Glossy
  • Pinterest rolls out new shopping features.  VentureBeat
  • A rebrand will soon remind people that WhatsApp and Instagram are from Facebook. AdWeek
  • Streetwear subscription company ThreadBeat now spending half of its media budget on Instagram.  Digiday
  • General Mills’ Boxtops for Education goes digital.  Biz Journals
  • Pinterest reports strong demand for advertising on its platform.  AdAge
  • Twitter adds 5 million users, tops sales estimates.  AdAge
  • Amazon tests audio ads for Alexa Music.  AdAge

Start-ups + Emerging Tech

  • London is exploring facial recognition in security cameras.  Financial Times
  • Doubling down on business travel, Airbnb acquires Urbandoor.  TechCrunch
  • New Media buys Gannett for $1.4B to form local news giant.  AdAge
  • This startup wants to democratize custom sneaker ownership.  TechCrunch
  • Amazon to kill the Dash button.  CNN
  • How Walmart, Kroger are investing in AI and robots.  Forbes
  • Ikea creates six homes of the future.  Fast Company

International

  • Google will allow EU users to choose their default search engine when setting up Android devices.  Fast Company
  • India proposes user safeguard rules fro ecommerce platforms.  Bloomberg
  • AI as the way to win Chinese millennials and GenZ.  Jing Daily
  • The shadowy internet industry of click farms are booming in China.  Yahoo
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