Weekly Industry Brief: 8.12.2019

Happy Monday! Here is a rundown of news from the last week. Sources are in the hyperlinked text after the headline.

Brands + Retailers

  • H&M and Zara are closing stores to stay ahead.  Fortune
  • Nike’s first shoe subscription, two years in the making, is here.  Fast Company
  • Prime Day and the broad reach of Amazon’s ecosystem.  McKinsey
  • Uber stock falls after $5.2B loss.  AdAge
  • Nike, Foot Locker plan 50 large-format, high-tech stores.  CNBC
  • Steve Madden buys DTC brand Greats.  AdAge
  • The North Face focuses on experience with new store format.  Glossy
  • Arizona is moving away from tea to THC with vape pens and gummies.  Fast Company
  • FedEx-Amazon split will provide a shipment windfall for rivals.  The Wall Street Journal
  • Levi’s Red Tab merchandise now sold at Target.  MarketWatch
  • New Sears parent to shutter 21 namesake and 5 Kmart stores.  USA Today
  • Walgreens adds 200 stores to growing global closure list.  Forbes
  • Amazon tries new pricing model for 3rd party sellers.  CNBC
  • Bloomingdales launching a rental subscription service this fall.  PureWow
  • Amazon’s next foray into fashion is a personalized shopping service.  Engadget
  • Apple suspends listening to Alexa queries amid privacy concerns.  AdAge

Marketing + Social Media

  • Acknowledge, apologize, investigate: how big brands combat online outrage.  The Wall Street Journal
  • Snapchat launches ‘instant’ tool for creating vertical ads.  TechCrunch
  • Pinterest rolls out improved product recommendations.  VentureBeat
  • Facebook goes after Amazon, Hulu with ad-free video subscription channels.  AdAge
  • Nike’s app powers Foot Locker’s new NYC store.  Engadget
  • Quaker Oats gains consumer insights from Messenger chatbot.  The Drum
  • How Facebook is attempting to target ads without personal data.  AdAge
  • Twitter drops third party data providers.  AdAge
  • Instagram users may soon be able to communicate with those using Facebook Messenger.  AdAge
  • Current YouTube shopping-related trends marketers should know.  AdWeek

Startup + Emerging Tech + Acquisitions

  • Amazon requests FAA approval of delivery-drone plans.  CNN
  • Five apps that you’ve never heard of that teens are using to shop.  CNBC
  • Target incubator takes aim at Gen Z innovators.  Chain Store Age
  • Postmates to drop IPO filling next month.  TechCrunch
  • Verizon is selling Tumblr to WordPress parent company.  TechCrunch

International

  • Adidas boss warns currency war will hurt more than tariffs.  Fortune
  • Canadian Tire buys Party City’s Canada business for $174.4M.  Financial Post
  • Luxury brands use video games to speak to Chinese millennials.  Jing Daily
  • Germany’s online retailers look to reduce costly returns.  Bloomberg
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4 thoughts on “Weekly Industry Brief: 8.12.2019

  1. Kabir Merchant says:

    Hi, the last link in the brief (about German retailers reducing returns) just takes me to an apple website… what link should I be using? Thanks!

    Like

  2. Nico Meyden says:

    Hi, could you please update the link to

    – Germany’s online retailers look to reduce costly returns. CNN

    The link does not lead somewhere I would be interested to learn more about it

    mit herzlichen Grüßen mit freundlichen Grüßen best regards

    Nico Meyden Vice President Central Europe +49 176 38437269 nmeyden@truefit.com http://www.truefit.com

    On Tue, Aug 13, 2019 at 2:21 AM Fashion. Retail. Tech. News. wrote:

    > CA posted: “Happy Monday! Here is a rundown of news from the last week. > Sources are in the hyperlinked text after the headline. Brands + Retailers > H&M and Zara are closing stores to stay ahead. Fortune Nike’s first shoe > subscription, two years in the making,” >

    Like

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