AM, FM, CD, AUX, Spotify... The Swedish music streamer just called shotgun on your commute with "Your Daily Drive" — That's Spotify's new custom playlist to replace your local morning radio show with a combo of music and news (@Spotify what about traffic and weather?). If Your Daily Drive wins ears, it could eat into conventional radio's shocking 17% share of American adults' daily time spent with media.
Fancy armoire rebel... While the rest of retail pushes online, Restoration Hardware (aggressively) does the opposite. And it's working. Quarterly sales jumped another 7% as RH's $50M brick-and-mortar "Galleries," concept stores worthy of a school field trip, drive sales higher. Now it's launching two new 130+ page physical catalogs: "RH Beach" and "RH Ski." Perfect for second nest builders.
Lunch on the Grubhub team... Your late-night meal hero's stock jumped 8% on word Amazon is out of the food delivery kitchen — "Amazon Restaurants" officially shuts down next week. Now Grubhub has to worry about Uber Eats, Postmates, and DoorDash. Together, those 4 leaders control 90% of online-ordered US food delivery (Amazon only nibbled 2%). But Grubhub can't get comfy — Amazon just led a $575M investment in the UK's fast-growing Deliveroo.