Modern Retail Rundown: H&M CEO out, TikTok expands Shop & Amazon’s ads business grows
![](https://staging.modernretail.co/wp-content/uploads/sites/5/2023/02/ModernRetail-Rundown.jpg?w=1280&h=640&crop=1)
Subscribe: Apple Podcasts • Stitcher • Google Play • Spotify
Every week on the Modern Retail Rundown, we cover the latest headlines from the retail world.
First is a look at the sudden departure of H&M’s chief executive officer, who cited the demanding nature of the job. Next, TikTok is reportedly testing a video feature that shows users similar products sold in TikTok Shop — hinting at an increased focus on growing e-commerce. Finally, why Amazon’s advertising business continued to grow during the fourth quarter — surging 27% year-over-year, to $14.7 billion.