R|T: The Retail Times – Cannabis, powered by Shopify

The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe.

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Digital Main Street


BetaKit

Shopify’s 2017 financial results report $843 million CAD total revenue

Shopify’s total revenue for Q4 was $279 million CAD.


Digital Main Street

DMS Recommends: Tech trends for business in 2018

Three talked-about technology trends could change the way you and your team work in the coming year. Here’s what you need to know.


techcrunch

H-E-B acquires Texas-based on-demand company Favor

The acquisition comes at a time when the grocery retailer industry is in flux, preparing for a boom of online grocery shopping on the consumer side.


retaildive

25% of UK retailers find tech disrupts customer connection

Despite some negative views of some technologies uncovered by this research, the retail sector should not take these findings as an argument to bring all technology projects to a screeching halt.


techcrunch

JD.com’s logistics business raises $2.5B from Hillhouse, Sequoia China and others

Chinese e-commerce giant JD.com is raising the investment capital from a range of backers who include Hillhouse Capital, Sequoia China, China Merchants Group, Tencent, and others.


finsmes

Lumi.com raises $9M in Series A funding

Lumi, which helps e-commerce companies produce custom packaging through an online platform and worldwide network of factories to ship different products, raised the funding from Spark Capital, Forerunner Ventures, and Homebrew.


betakit

LCBO working with Shopify to power online cannabis sales platform

Shopify will also be used in brick-and-mortar stores to process transactions on iPads.


techcrunch

Target partners with Honeyfund to add cash gifts to its wedding registry

With the Target partnership and newly launched Honeyfund integration, couples can now register for everything they want – including both physical gifts and cash gifts – from a single destination.


zdnet

CommonSense Robotics raises $20 million Series A funding for automated grocery fulfillment centers

The funds will be used to develop robotics and AI for “micro-fulfillment centers,” which are automated grocery fulfillment centers that could help grocery catch up to the rest of ecommerce.


betakit

Frank And Oak raises $20 million to invest in personalized shopping features

The company is doubling down on its online and in-store retail experiences.


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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.