Happy Sunday,
Here’s a quick roundup of last week’s news:
Chart of the Week:
Core Retail in the US is up +5.4% in Oct (vs Oct 2023), and +3.5% YoY YTD. More details by Jason Goldberg.
Movers & Shakers 🙌
Luzern eCommerce Announces Strategic Acquisition of Tambo [Luzern]
The next big fashion brand joining Amazon’s marketplace: Forever 21 [Amazon]
Google’s Holiday Shopping List: The Holiday 100 [Google]
Strategy ♟
Hands-on with Amazon Haul: First impressions of the e-commerce giant’s new Temu and Shein rival [GeekWire]
Amazon's Temu competitor Haul is an AI image wasteland [Modern Retail]
Amazon is getting into the hair loss and erectile dysfunction business [Quartz]
Hims & Hers stock tanks as Amazon debuts fixed pricing for hair-loss and erectile-dysfunction drugs [Fast Company]
Amazon Slashed Its US Ad Spend by $700 Million This Year Amid Broader Cost-Cutting Moves [Adweek]
Shopify Boosts AI and Unified Commerce Tools for Merchants [PYMNTS]
Brands are updating their sites to prepare for a mobile-heavy holiday season [Modern Retail]
Shopee-owner Sea surpasses revenue estimates on strong e-commerce demand [Channel News Asia]
AI and eCommerce: Legal Considerations for Brand Leaders [Vorys eControl]
The future of the internet looks a lot like Reddit [Business Insider]
TikTok launches integration with Lemon8, as US ban looms [TechCrunch]
China's Singles' Day wraps up super-sized sales event with volume, shopper growth [Reuters]
Events 🎤
National Retail Federation NRF 2025, Jan 11-14 in New York
Make this week count 🙌
Christian