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Shopify hits $245 million in revenue for Q2 2018, but growth is slowing (BETAKIT)
Shopify’s revenue growth year-over-year has been slowing down since Q1 2017.
DMS Recommends: Microsoft Presents: Digitizing Retail, a Technology Checklist
(DIGITALMAINSTREET)
If you run a retail business—like a storefront or shop—this guest post from Microsoft is for you! It identifies some of the activities and technologies that can digitally transform your business to help improve sales, margins, marketing, and more.
Walmart pilots a grocery-picking robot to fulfill customers’ online orders (TECHCRUNCH)
The automated technology will be installed in a 20,000-square foot extension connected to the store, which will also serve as the dedicated grocery pick-up point with drive-thru lanes for customers.
ChefHero hires Ben Lucier as VP of operations (BETAKIT)
At ChefHero, Lucier will be responsible for the company’s operations across North America.
Privacy concerns over Amazon plans for augmented reality goggles that track warehouse workers (TELEGRAPH)
Amazon has sparked privacy concerns after filing a patent for augmented reality goggles that track the movement of warehouse workers.
Rent the Runway inks $200 million credit facility with Temasek (TECHCRUNCH)
Rent the Runway lets users rent items of clothing for special events or occasions, bringing runway styles to folks without the cash to purchase the clothing outright.
How AI and empathy could modernize the role of retail associates (BETAKIT)
“We should work towards using automation and AI to our advantage, but it will start with understanding how they work.”
Techstars’ accelerator, others invest in food-tech startup Dishq (VCCIRCLE)
Dishq has raised $400,000 in a pre-seed round of funding from Techstars’ food and agriculture technology accelerator Farm To Fork and Arts Alliance. The company will use the funds to expand its engineering team and to accelerate its sales and marketing activities.
Subscription startup Kidbox launches its own clothing lines (TECHCRUNCH)
Kidbox, a subscription clothing box similar to Stitch Fix – but aimed at parents who dislike kids’ clothes shopping – is now launching its own private label kids’ brands.
Starbucks app integrates with Bitcoin wallet (RETAILDIVE)
In a move that could possibly pave the way for widespread legitimization of the cryptocurrency, Starbucks is partnering with iPayYou to provide users of the Starbucks application an easy way to pay with Bitcoin.
