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Toronto ShopHERE initiative goes national with $1 million investment from Google Canada (BETAKIT)
Google Canada is committing $1 million to Digital Main Street’s ShopHERE program, which will be used to expand the program across Canada.
4 views on the future of retail and the shopping experience (TECHCRUNCH)
As the pandemic drags on, temporary halts are becoming permanent closures, whether it’s the coffee shop next door, a historic bar or a well-known lifestyle brand.
Warehouse Exchange raises $2.2M in seed funding (FINSMES)
Warehouse Exchange (aka WEx), a Los Angeles, Calif.-based flexible, on-demand warehouse platform powered by artificial intelligence (AI), closed a $2.2m seed funding.
Emerge Commerce looking to go public on TSXV via reverse takeover (BETAKIT)
Emerge Commerce has announced plans to go public on the TSX Venture Exchange, following its acquisition of Aumento.
Amazon to keep most of the jobs it added during pandemic (WALL STREET JOURNAL)
Amazon.com Inc. will keep most of the U.S. jobs it added to meet demand in March and April as it sees the surge in online orders during the pandemic as a harbinger of lasting demand for its products and services.
Italy’s Commerce Layer raises $6M led by Benchmark for its headless e-commerce platform (TECHCRUNCH)
The funding is being led by Benchmark Capital, with participation also from Mango Capital, DAXN, PrimeSet, SV Angel, and NVInvestments.
Applications open for Canadian rent relief program for small businesses (BETAKIT)
Applications for the Canada Emergency Commercial Rent Assistance (CECRA) opened today, allowing landlords to apply to the federal government’s relief program.
Retail tech 2.0: Necessity is the mother of (re)invention (PYMNTS)
The trend toward augmented reality and smart mirrors was starting to gain momentum before the pandemic, hinging on the roll-out of 5G.
Otrium raises $26.4M to sell end-of-season fashion (RETAIL DIVE)
Otrium will use the funding to grow internationally. The company also launched the U.K. edition of its website, per the company statement.
Shifting consumer habits during the pandemic may change the future of retail in Canada (CBC)
Retail experts say industry could be changed for good with in-store experiences adapted to prevent infection.
