R|T: The Retail Times – A solution in search of a problem

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!

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Digital Main Street


BetaKit

Well.ca acquired by McKesson Canada

Founded by Ali Asaria, the company’s former CEO stepped down from his role in 2013 and founded Tulip Retail.


Digital Main Street

DMS Recommends: Ask a researcher: Why shoppers are turning to search for ideas and inspiration

Search has long been a powerful tool for the information-hungry shopper. But shopping behaviour is evolving as browsing and discovery move online.


TechCrunch

Target launches its own mobile payments system with debut of ‘Wallet’

Wallet, as the name implies, allows Target’s in-store shoppers to both check out using their smartphone and take advantage of their Cartwheel digital coupons and discounts with only one scan of their barcode.


Wired

GM thinks we want to use our cars like credit cards, but I’m not so sure

GM calls it “the automotive industry’s first commerce platform for on-demand reservations and purchases of goods and services.” The Verge calls it a solution in search of a problem.


BetaKit

Flexiti Financial makes POS lending platform available to online retailers

Canadian retailers can now integrate Flexiti’s financing options into their existing ecommerce engines. The company says that this allows retailers to overcome two key hurdles: speed of implementation and cost.


TechCrunch

Burrow raises $4.3M for its modular sofa

The Y Combinator-backed startup launched in April and says it has been growing 20 percent month-over-month since then, currently hitting a $7 million annualized revenue run rate.


Business Insider

HSBC hires Google engineering director for retail tech role

HSBC said Warriner’s appointment is part of a $2.1 billion digital push at the bank, which includes recent innovations in retail and wealth products.


BetaKit

Toronto’s historic Cabbagetown storefronts filled with entrepreneurs embracing tech

Local entrepreneurs in Toronto are working to grow their business with tech.


TechCrunch

Only one-third of retail IT networks ready for in-store experience

According to research by software provider Zynstra, 20% of retailers have had to delay or not roll out new in-store applications due to IT limitation, costs, or concerns.


CNBC

STRATACACHE Capital Launches Retail Tech Consultancy Q Division

The new entity will leverage assets from the STRATACACHE family of digital media/ad tech companies as an independent retail tech, connected commerce, and retail strategy practice.


BetaKit

Create more value than you capture: An oral history of Toronto product development

BetaKit’s first #longform piece looks back at 15 years of Toronto tech.



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Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.