R|T: The Retail Times – Stalled momentum

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

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BROUGHT TO YOU BY THE CONFERENCE BOARD OF CANADA:


Digital Main Street launching new programs for small businesses following federal, provincial funding (BETAKIT)

Digital Main Street is launching three new programs following new funding commitments from the Province of Ontario and FedDev Ontario.


RECOMMENDED BY THE CONFERENCE BOARD OF CANADA:

Join a Landmark Survey on Canadian Innovation

With COVID-19, it has never been more important to understand how Canadian firms innovate. The Conference Board of Canada is publishing an in-depth study on how innovation translates into growth.

Canadian tech firms and ecosystem partners are invited to join the survey. You will be first to receive the full report.


Canalys: Google is top cloud infrastructure provider for online retailers (TECHCRUNCH)

Canalys didn’t provide specific numbers, but it did set overall market positions in the retail sector, with Microsoft coming in second, Amazon third, followed by Alibaba and IBM in fourth and fifth respectively.


Retail sales in Canada return to pre-COVID levels, then stall (BLOOMBERG)

Retail sales in Canada exceeded pre-COVID levels of spending in June as more shops reopened, however preliminary estimates from July suggest the momentum may have been short-lived.


Canada’s privacy laws have ‘no teeth’: What I learned during an eight-month investigation into Tim Hortons’ data tracking (FINANCIAL POST)

Systems are built to frustrate transparency, and companies don’t face any real penalties when they ignore the law.


Attabotics raises $66 million CAD Series C round (BETAKIT)

Attabotics, a Calgary-based startup that has created a robotic warehousing and fulfillment system, has raised $65.9 million CAD ($50 million USD) in a Series C round.


How four brothers allegedly fleeced $19 million from Amazon (WIRED)

The scheme involved 7,000 $94 toothbrushes, according to law enforcement.


Reliance buys majority stake in online pharmacy Netmeds for $83 million (REUTERS)

Reliance, India’s most valuable company, has raised more than $20 billion in recent months by selling stakes in its digital arm, Jio Platforms.


Tulip acquires Boston’s Blueday to expand its retail management software offerings (BETAKIT)

Toronto-based retail startup Tulip, a mobile store management software provider, has acquired US retail SaaS Blueday.


Dutchie lights up e-commerce cannabis space with $35M Series B (CRUNCHBASE)

Including this new investment, Dutchie has raised a total of $53 million, including a $15 million Series A in 2019, led by Gron, according to Crunchbase data.


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Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.