The One Retailer That Amazon Can’t Seem to Destroy Is in Cosmetics (Quartz)
"The bet that Ulta investors are making is that consumers will keep purchasing beauty products based on the experience that specialist beauty stores provide, rather than Amazon being successful at beautifying its online store."
Your Favourite Stores Could Be Tracking You with Facial Recognition (Racked)
"As facial recognition technology becomes more advanced, and more accessible, an increasing number of stores are turning to facial recognition technology to catch shoplifters."
Why Nordstrom Is Betting on High-Touch Tech (Fortune)
"No department store has been more successful at embracing technology — 30 percent of sales for Nordstrom’s full-service store division now come online — and that success has helped Nordstrom dodge much of the drama buffeting retail."
Google, Amazon Battle for Smart Speaker Share in Q1 (Retail Dive)
"Global shipments of smart speakers grew 210 percent in the first quarter, reaching 9 million units. Google exceeded Amazon in the quarter, shipping 3.2 million Google Home and Google Home Mini units, while Amazon shipped 2.5 Echo smart speakers."
LVMH Leads $60 Million Lyst Injection (The Business of Fashion)
"Lyst is raising $60 million of which LVMH has contributed roughly 45 percent, according to market sources. The round is closing in two parts, each worth $30 million. As part of the deal, LVMH chief digital officer Ian Rogers will join Lyst’s board."