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Hubba faces personnel changes as company continues pivot from enterprise to independent retail (BETAKIT)
Hubba recently laid off 15% of the company while continuing its search for VPs of engineering and product.
DMS Recommends: The modern retailer’s guide to free Microsoft resources in Canada
Curated specifically for businesses managing the rapidly changing Canadian economy, these resources for retailers can help inform and inspire your digital transformation strategy.
Nift raises $16.5M for a new kind of gift card(TECHCRUNCH)
Businesses that work with Nift can give special gift cards to their best customers. Those customers enter their codes on the Nift website, answer a few questions and can then choose from two free gifts from other local businesses.
Amazon, Walmart drone concepts coming down to earth(RETAILDIVE)
While Amazon wants to use drones to shorten delivery times to 30 minutes or less, Walmart wants to use them to provide customer service — among other things — in its vast Supercenters.
BuildDirect closes $53 million CAD, exits creditor protection (BETAKIT)
The company said it will continue to service homeowners, but will shift its focus to professional contractors.
Tesco vet Simon Belsham becomes president of Walmart’s Jet.com(TECHCRUNCH)
Belsham will be based out of Hoboken and will oversee the full operation of the Jet.com business, including its increasing focus on online grocery.
Subscribe to R|T: The Retail Times newsletter for the chance to win a $500 Frank And Oak gift card(BETAKIT)
If you subscribe to the Retail Times from now until April 11, you’ll be automatically entered into a draw for one Frank And Oak $500 gift card, or one of five $100 gift cards.
Amazon wants to get to teenagers before the banks do (BLOOMBERG)
The internet behemoth is in early discussions with banks including JPMorgan Chase & Co. and Capital One Financial Corp. to create a product similar to checking accounts.
Gwyneth Paltrow’s Goop raises another $50 million (TECHCRUNCH)
The lifestyle brand raised the funding from NEA, Lightspeed Venture Partners, and Felix Capital.
Fynd, an online fashion retail startup, gets funding from Google, others (LIVEMINT)
The company said it plans to use the funding to enhance the way its platform engages with consumers and retailers.