R|T: The Retail Times – Betting on brick-and-mortar

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!

R|T is powered by:

Digital Main Street



Hootsuite, Shopify among Linkedin’s most sought-after companies in Canada
(BETAKIT)

This is the first time Linkedin has done a Canadian version of the list.


DMS Recommends: Why should you attend the Digital Main Street 2018 Forum? (DMS)

The Digital Main Street Forum is quickly approaching on Friday, April 20th at Toronto City Hall, and here are 5 reasons why you should attend this year.


CoEdition raises $4 million from NEA and others for its plus-sized shopping site for women(TECHCRUNCH)

CoEdition’s new site aims to better cater to that customer sized 10 and up, helping them find the right item, the right fit, as well as discover new brands to try.


Foodtech startup Fingerlix raises $1.31M venture debt from Alteria Capital(INC42)

The startup will utilise the debt raised towards building out Fingerlix’s production capacity, expansion of the product suite as well as growth into newer markets.


Montreal tech companies are betting on brick-and-mortar retail stores (MONTREALGAZETTE)

The majority of retail sales still occur in physical stores – not online – and these firms are banking on that business.


Google introduces ‘Shopping Actions’ to help retailers in their battle with Amazon(TECHCRUNCH)

The search giant will allow retailers to list their products across Google Search, in its Google Express shopping service, and in the Google Assistant app for smartphones and on smart speakers, like the Google Home.


Alibaba invests additional $2 billion in Southeast Asian e-commerce firm Lazada(CNBC)

Alibaba has invested $4 billion to date which it said will “accelerate the growth plans” and help further tie the Lazada business into Alibaba’s core e-commerce service.


Alipay now accepted at retailers across Canada through Motion Pay partnership (BETAKIT)

Alipay’s over 520 million active users in China will be able to use their Alipay Mobile Wallet with Canadian retailers.


Target tests a new loyalty program with 1% back, Shipt discounts and free next-day delivery (TECHCRUNCH)

Target has begun to test a new loyalty program, “Target Red,” that combines discounts on delivery with cash back on later purchases.


Malaysian foodtech startup dahmakan enters Thailand by acquiring Polpa (E27)

The expansion to Thailand followed a US$2.6 million pre-Series A funding round dahmakan announced in January.


Burrow raises $14M in Series A funding (FINSMES)

Burrow, a NYC-based modular furniture startup, raised the funding from New Enterprise Associates with participation from Correlation Ventures and previous investors Red & Blue Ventures and Y Combinator Continuity.


Wayfair’s Android app now lets you shop for furniture using augmented reality (TECHCRUNCH)

Online furniture retailer Wayfair is introducing an augmented reality feature in its mobile app for Android that will allow customers to visualize furniture in their own home ahead of purchase, just by holding up their smartphone.


Gwynnie Bee offers subscription services for traditional retailers (PYMNTS)

With the launch of CaaStle, Gwynnie Bee is offering retailers a turnkey solution where all aspects of the subscription business – including the website, the databases, the logistics, the cleaning, returns, packing, shipping, and more – are handled.


Avatar

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.

0 replies on “R|T: The Retail Times – Betting on brick-and-mortar”