The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe.
Subscribe to R|T using the form at the bottom of this page to ensure you don’t miss out on the most important retail tech news every week!
Flashfood, Loblaw partner in Quebec food waste reduction rollout (BETAKIT)
“This is almost an epidemic, this problem of food waste,” said Flashfood CEO, Josh Domingues.
This startup makes your parties Insta-worthy (CNN)
Coterie, a new ecommerce startup, sells party kits and items that turn any event into an ultimate Instagram-worthy spectacle. The company just raised $2.75 million.
Moneris adds Lightspeed Restaurant to its menu of iPad POS solutions (BETAKIT)
Moneris called this announcement part of an “evolving partnership” with Lightspeed.
Amazon to Launch New Grocery-Store Business(WSJ)
The company plans to open its first outlet, in Los Angeles, as early as the end of the year.
Report: Interac e-Transfer transactions increase 54 percent in 2018 (BETAKIT)
The vast majority of those transactions are deposited on a mobile device. About three in four consumers deposit transactions using their phone.
Walmart Acquires Product Review Insight Company Aspectiva(CTECH)
Tel Aviv-based Aspectiva uses artificial intelligence algorithms and natural language processing capabilities to analyze user-generated product reviews and provide shoppers with a more personalized way to filter their searches.
Amazon Prime members can choose a weekly delivery date with launch of ‘Amazon Day’ (TECHCRUNCH)
The move clearly benefits Amazon by reducing the number of deliveries drivers have to make to the same address, while positioning the option as a new Prime “perk.”
Foot Locker is investing $12.5 million in kids’ clothing company Rockets of Awesome—the latest in a string of deals (CNBC)
Foot Locker is actively looking for ways “to tap into the capabilities and talent of innovative and unique brands through partnerships or investments” as it aims to serve “the evolving youth culture.”
Mirakl raises $70 million to manage the marketplace of your e-commerce website (TECHCRUNCH)
Bain Capital is leading the round, with existing investors 83North, Felix Capital and Elaia Partners also participating.