Weekly Industry Brief: 8.26.2019

Happy Monday! Here is a recap of industry news from the last week.  As always, sources are in the hyperlinked text after the headline.

P.S. With a new season upon us I’m feeling reflective and setting new goals. If you have any feedback for me on this weekly recap, let me know! I want to hear it all – good/bad/ugly. 

Brands + Retailers

  • Disney teams up with Target to store displays in holiday grab.  AdAge
  • Stock market tanks after Trump ‘hereby orders’ American companies to find alternatives to China.  Fast Company
  • Target’s digital, in-store investments paid off in Q2.  CNBC
  • Barneys seeks partner for digital, experience-focused future.  Bloomberg 
  • Walgreens expands Kroger grocery to more drugstores.  Forbes
  • Major fashion companies sign pact vowing to reduce industry’s environmental impact.  Forbes
  • The trendiest fitness class now: working out alone at home.  The Wall Street Journal
  • Macy’s is getting into clothing subscription and resale markets.  CNBC
  • Target is launching grocery brand Good & Gather in bid to boost its food business.  CNBC
  • WeWork isn’t a tech company. Here’s why that matters.  Harvard Business Review 
  • Facebook’s Mark Zuckerberg sold over $23M worth of shares. Yahoo Finance
  • Amazon launching a new program to donate unsold products.  CNBC
  • This snack curator for Google is one of the most powerful people in food.  Fast Company
  • Amazon has proven unable or unwilling to effectively police third-party sellers on its site.  The Wall Street Journal
  • Welcome to the promoconomy: the competitive online marketplace of coupon codes and loyalty programs.  The New York Times 
  • Inside the wild, shockingly lucrative world of sneaker reselling.  GQ
  • Beautycon evolves beyond makeup. Fast Company
  • AllBirds steps into apparel with sustainable socks.  Wired
  • Sweetgreen now has a healthy salad for your dog.  Fast Company
  • Google falls to third place in worldwide smart speaker market.  TechCrunch
  • Amazon is looking to open a brick-and-mortar liquor store in San Francisco.  Business Insider

Marketing + Social Media

  • YouTube originals are no longer exclusive to YouTube premium subscribers.  AdWeek
  • Kohl’s turns to Facebook to help it bring digital brands to stores.  CNN
  • Facebook’s new tool lets you see which apps and websites tracked you. The New York Times
  • How fashion brands are acting like media companies.  Glossy
  • YouTube will reportedly sop serving targeted ads on videos for kids in a move that could cost it tens of millions of dollars per year.  Business Insider
  • America’s elderly seem more screen-obsessed than the young.  The Economist
  • Snapchat as a winning platform to reach Gen Z.  Business of Fashion
  • Apple pushes for privacy in the web browser which could affect publishers’ ad revenue.  Digiday
  • Can’t buy me likes: Instagram is coming for your engagement metrics.  AdAge
  • Facebook is opening five cages which will offer free privacy checks.  Metro News
  • Facebook opened up its Spark AR platform to creators on Instagram.  AdWeek
  • Instagram will test back-to-back Stories ads from different brands.  AdWeek

Startup + Emerging Tech + Acquisitions

  • Live-stream apps are changing the way people shop.  Business of Fashion
  • Ikea creates new division for smart home products.  TechCrunch
  • Apple Card can be damaged by wallets and jeans.  BBC
  • AR building comes to Android next week.  Engadget
  • Amazon Alexa users can now donate school supplies via voice.  VentureBeat
  • As customers begin to shop through voice assistants, what can brands do to stand out? Harvard Business Review

International

  • WeChat’s astronomical growth abroad.  Quartz
  • Alibaba’s strong results suggest Chinese consumers are still spending.  The New York Times 
  • Amazon tests water in Israel with website to attract local sellers.  Reuters
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