Welcome to the V Spot ! Your home for the ecomm nearly news. Shopify this week took us down nostalgia lane but with a twist - this is the future roadmap. So like Back to the future but without Doc Brown and any McFly. We are not sure how the world would view peeping tom george mcfly these days. And it was the movie that was the voice of a new generation - much like Shopify. And as its nostalgia week were interested to hear that Nike are again going to sell on Amazon, for the first time since 2019.
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Lets do the news.
More layoffs again this week and today Walmart announced 1500 jobs in the US retail global tech team. And Nike offloaded a number of limited tech employees …. Oh Sorry, a limited number of tech employees. Could the last John Donahoe disciples please turn on the lights.
Google further rowed out their best defense is the best offense AI shopping assistant. They have so much confidence in it, it does not even have a name yet. Evangelists everywhere got super excited, leaving reality themselves to gorge on shared Linkedin Stories.
Davids Bridal opened a new affordable luxury store concept this week - named Diamonds and Pearls in a simple nod to Prince. The team are exploring other Prince song store themes:
Their hat Store - Raspberry Beret
Their on Fleek store - U got the look
The Tinder store - I wanna be your lover
Their Kids lines - Alphabet St
Their Runaway brides pre loved store - When doves cry
Their new men's narcissism range - Sexy Motherfucker
Target earnings dropped this week. Reminding us of that old proverb. If a tree falls in the woods and there is no one there to hear it, does it make any sound.
Retailwire dropped a headline so intriguing we didn't need to read further to know what the answer was - McDonalds Chef Reveals the secret of what makes its coffee a customer favorite - a couple of anomalies in the sentence but we are pretty sure the secret sauce is whatever makes Chefs coffee, Irish.
There was an interview with Pinterest CEO Brian Ready this week on CNBC - we didn’t watch it either.
And that’s a wrap for today — but before you dive back into your inbox (or run from it), here’s your reminder:
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