Tuesday Morning Brief: #retail, #operations, #ecommerce Tuesday Morning Brief: #retail, #operations, #ecommerce

Tuesday Morning Brief: #retail, #operations, #ecommerce Featured

BRIEF: #retail, #operations, #ecommerce


Ralph Lauren to cut jobs, close flagship Fifth Avenue Polo store. Ralph Lauren Corp said on Tuesday it would cut jobs and shut its flagship Polo store on Fifth Avenue in New York City, among other office and store locations, as part of a cost-cutting plan. The company will close its flagship Polo store on Fifth Avenue, revamp its e-commerce operations and cut jobs in a $370 million shake-up. (reuters)


Marissa Mayer will not be part of the new AOL-Yahoo combined company called Oath. The Yahoo CEO is on her way out, say sources, which is really no surprise. (recode)


Burberry retreats on beauty strategy, signs deal with Coty. (businessoffashion)


Electric car maker Tesla passes GM as most valuable U.S. car company. Tesla Inc on Tuesday morning surpassed General Motors Co as the most valuable U.S. auto firm. (Bloomberg)


Amazon launches social media influencer referral program. Amazon has launched a social media influencer beta program enabling people with “large followings and a high frequency of posts with shoppable content” to generate referral fees on purchases they drive through their social platforms and activities. (retaildive)


Uniqlo chief: We'll close stores if US imposes border adjustment tax. Japanese apparel retailer Uniqlo threatened to shutter its U.S. stores if faced with the border adjustment tax touted by Republicans and endorsed by President Donald Trump. "If I was directly told to do so, I will withdraw from the United States,” Tadashi Yanai, chairman and president of Uniqlo owner Fast Retailing Co. (retaildive)


Sephora opens NYC Beauty TIP Workshop concept stores, debuts Tap and Try. The Beauty TIP stores feature a centralized Beauty Workshop workstation, a table where clients come together to learn via group beauty classes with Sephora's educated facilitators; to leverage tutorials and Sephora Virtual Artist technology on integrated in-store iPads; or to gather inspiration from The Beauty Board, a shoppable gallery of user-generated content on a large digital screen. Each station is equipped with its own products, iPad, USB port and Wi-Fi, so customers can play, browse and share looks on the digital screen and online, right from their seat. (retaildive)


Office supplies retailer Staples explores sale: source. Staples Inc is in talks with private-equity firms about a potential sale, a source familiar with the matter said on Tuesday, sending shares of the largest U.S. office supplies retailer up more than 10 percent. (reuters)


Asos Lures Overseas Customers Thanks to Weak Pound. The decline in the pound has been a boon to Asos because it generates about 62 percent of its sales from overseas customers. (businessoffashion)


WhatsApp plans Indian digital payments. Facebook-owned messaging app would challenge Alibaba’s PayTM in fast growing market. (ft)


Target taps Avery Dennison for massive RFID project. The retailer is deploying the technology for a variety of inventory management and customer experience needs, with an emphasis on apparel and home products. (retaildive)


UPS outlines expansion plans for Saturday pickup and delivery. The shipper is looking to bring weekend services to almost 4,700 U.S. cities and towns ahead of the upcoming holiday shipping season, and wants to expand to about 5,800 markets in 2018.




















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Boldstart Founder Launches Hyperledger Fabric's First Blockchain Accelerator

The founder of VC firm Boldstart Ventures is launching the first accelerator dedicated exclusively to startups building on the Hyperledger Fabric blockchain.

CNN launches daily news show on Snapchat

CNN on Monday began streaming "The Update," a daily show on Snapchat featuring at least five news stories each episode from reporters and bureaus around the world, to attract younger viewers.

Quora now launches retargeting for advertisers

Quora’s newly launched ads platform now supports retargeting ads on the question-and-answer network.

Facebook faces scare that teens are going to Snapchat and Instagram. Again.

 Now playing on the internet: the episode in which everyone freaks out that young people are abandoning Facebook in favor of hot new social media services like Snap and Instagram.

IBM partners with Walmart, Unilever, Nestlé, and other food giants, to apply blockchain tech to food supply chains

They will be aiming to use blockchains to maintain secure digital records and improve the traceability of their foodstuffs

Blockchain can make social networks more private — and profitable for you

Fact: You’re going to spend a total of five years of your life on social media. But- is blockchain answer to everything?

The HuffPost’s tabloid-style homepage is paying dividends

The move was designed to deliver what Polgreen described as “a visceral snapshot of the day.”

Dashbot’s codeless Twitter Integration is now live!

Integrate your DM bot without code and in 10 seconds.

50 Bitcoin Exchanges Have Filed with the Japanese Financial Authority

In April, the Japanese government amended its fund settlement law to recognize bitcoin as a legal means of payment

Billionaire Calvin Ayre Acquires Crypto Media Outlet Coingeek

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Asus Debuts Specialized Motherboard for Cryptocurrency Miners

"Cryptocurrency and blockchain are here to stay"

Chatbot That Helps Users Appeal Parking Tickets Comes To U.S.

A chatbot called DoNotPay that helps users appeal parking tickets for free in the U.K. is now available in the United States.

How TD Ameritrade tackles security in Facebook Messenger chatbot

Chatbot is designed to answer faster than a human could.

How Blockchain Is Monetizing User’s Experience and Skills

Generating value is the key concept sustaining the explosion of Blockchain offerings in 2017.

Bezos on Amazon’s AI and Machine Learning Strategy

[It's all about] enabling other organizations to leverage the game-changer that is machine learning.

Mongolia's Hottest New Social App Is All About Horses

Although cowboy culture is mostly nostalgia in the United States these days, many rural Mongolians still rely on their horses in daily life. In Mongolia, horsemanship is one of the most celebrated aspects of their culture, even on social media. "If we...

Startups could be key to fixing tech's diversity problem

Silicon Valley companies are learning a hard lesson: They can't escape their attitude problems.

Android Oreo released by Google

Google has released the latest version of its Android mobile operating system (OS), which will be named after Oreo chocolate biscuits.

How RBC is using a blockchain to overhaul its loyalty program

“We see loyalty as a great use case for blockchain to allow us to provide customers more real-time access to rewards points to provide an almost Starbucks-like experience.”

Why finance brands are so hot on content marketing

Content is one way to make people return to their site to see new updates, buy new products and invest more money.

Reddit now allows users to upload videos

Videos are coming to Reddit, thanks to a new feature that allows users to upload video clips directly to the service.

Sharp sues Hisense over a foreign “gag order”

Sharp, a Japanese electronics manufacturer, has filed a lawsuit challenging a foreign gag order that company lawyers say prevents Sharp from talking about its own brand.

How A Police Body Camera Company Is Becoming An Artificial Intelligence Company

Like most technology companies today, Axon’s goal is to collect data; the free body camera trial is just another avenue to generate and collect more of it.

Mic Lays Off Dozens Just a Week After Promising Not To

A number of online outlets, including Mashable, Vice, and MTV News, have recently slashed their writing staffs to focus on producing visual content

Kit Kat accused of copying Atari game

Kit Kat's maker Nestle has been accused of copying Breakout, the 1970s computer game, in a marketing campaign.

YouTube TV expands to 14 new markets

YouTube is broadening access to live TV streaming as younger viewers increasingly watch shows online and traditional broadcast networks grapple with aging demographics among viewers.

Hyundai looks to build a >300-mile-range electric car

More carmakers are looking toward electric vehicles as fuel cell falters

Why Bancor Wants To Become The YouTube Of Cryptocurrency

If Bancor overcomes the initial scandals (it shortchanges its users' by rounding token values) Bancor could reshape the cryptocurrency marketplace as we know it.

The best of Siri: 11 funny responses from the iPhone's virtual assistant

Since its launch in 2011, Siri has become increasingly intelligent, and can now hold basic two-way conversations with users.

How Yogscast built a media empire

The newer generation doesn’t want to be told how to do things, they want to see it.

Skype’s new look arrives on the desktop in preview form

The chat-focused update comes with new features for messaging and calls.

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