R|T: The Retail Times – Say HelloFresh to Chefs Plate

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

HelloFresh to acquire Chefs Plate

The German meal-kit company said the acquisition will “amount to a middle double-digit million” CAD payout.


Digital Main Street

DMS Recommends: Digital Main Street Launches Ontario Grant Program

Coinciding with Canada’s Small Business Month, Digital Main Street has officially launched the Digital Main Street Grants Program, which provides funding to qualifying small “main street” businesses and community business groups to enhance online promotion, selling and operations.


recode

Instacart’s new $7 billion valuation is a bet on the future of grocery delivery — not a wager against Amazon

The startup has a fresh $600 million in funding to boot.


nyt

How Sears was the Amazon of its day

It was a technological wonder — until the retail landscape changed and new innovation, and greedy owners, arrived.


techcrunch

Sam’s Club to offer same-day grocery delivery via Instacart at over half its stores by month end

Sam’s Club grocery delivery via Instacart will be available to nearly 1,000 new ZIP codes and more than 100 new stores, including those in markets like New Jersey, Indianapolis, Houston, and others.


retaildive

H&M invests $13M in AI-driven menswear startup Thread

Thread uses artificial intelligence (AI) and human stylists to make recommendations to its customers for a perfect fit and look.


bk

Sustainable Produce Urban Delivery opens 74,000 square foot grocery delivery warehouse

Once the Burnaby facility is operating at full capacity, Food-X plans to employ 500 people.


bk

Shopify-powered online stores take 100 orders a minute on legal cannabis’ first day

Millions of individuals from Canada and the rest of the world have visited the four websites since they went live at 12:01 a.m. in their respective provinces.


techcrunch

Passport, a customer service company focused on shipping, has raised $3 million in seed funding from some notable names

Among its backers is Resolute Ventures; Precursor Ventures; Product Hunt co-founder Ryan Hoover; Girlboss founder Sophia Amoruso; and April Underwood, the chief product officer of Slack.


bk

Victory Square launches Grow Tech Labs cannabis accelerator

GTL will work with Launch Academy to kickstart its foundational training programs.


adweek

Pinterest converts its old buyable pins to product pins

Product Pins bring shoppers directly to checkout pages on retailers’ sites, enabling them to complete purchases in a few clicks.


bk

Lightspeed launches index to help businesses find growth opportunities

Through the platform, businesses can measure their stance among competitors, identify strengths, and find areas to improve.


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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.