R|T: The Retail Times – Surviving the Amazon era

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What are the new rules for ‘hybrid’ retail? (Facebook Live chat)
(BETAKIT)

Shopify’s Satish Kanwar and Kinetic Commerce’s Damon Sloane join us May 24th to talk hybrid retail. Use the link in the article to set a reminder!


DMS Recommends: Top 10 tips on building an engaged audience with social media (DIGITALMAINSTREET)

Ricky Forbes, host of international TV show Tornado Hunters, has learned first hand how to build business using social media. As the owner of one of Western Canada’s leading resources for social media training & management, Blue Moose Media, Ricky will share the same tips that have brought him 450,000 followers personally.


Southeast Asia’s Carro raises $60M for its automotive marketplace and car financing service (TECHCRUNCH)

The funding was led by Softbank Ventures Korea, Insignia Ventures, and Facebook co-founder Eduardo Saverin’s B Capital Group.


To survive in Amazon era, retailers need to use technology to stay relevant: HBC digital expert (FINANCIALPOST)

HBC digital marketer says company is excited about using artificial intelligence to time advertising to reach consumers at the right time.


Singapore’s Carousell raises $85 M Series C from Rakuten Ventures, EDBI, and others (YOURSTORY)

Carousell’s platform allows users to list and sell items directly to one another, similar to hugely popular platform Craigslist.


Good Eggs raises $50M and eyes West Coast expansion (TECHCRUNCH)

Looks like a turnaround for ‘absurdly fresh’ groceries.


eBay asks shoppers to share their interests (RETAILDIVE)

eBay has launched a personalized shopping feature, dubbed “Interests,” through its mobile app that allows users to have a mobile shopping experience curated around personal passions, style preferences, and hobbies.


Walmart could be spreading itself too thin (BREAKINGVIEWS)

Walmart faces a triple challenge as it reports its fiscal first-quarter earnings on Thursday. The $250 billion U.S. retailer is splashing out $16 billion for most of India’s Flipkart even as it continues to exit other overseas forays.


Amsterdam-based Spaces will open coworking location in Montreal (BETAKIT)

Spaces plans to open five coworking locations in the Greater Montreal Area over the next two years.


La Belle Vie wants to compete with Amazon Prime Now in Paris (TECHCRUNCH)

La Belle, which wants to focus exclusively on your groceries and optimize all the steps, announced a funding round of $6.5 million earlier this week.


Macy’s expands mobile checkout, AR/VR furniture departments (RETAILDIVE)

Macy’s surprised investors with sales growth that indicated the chain’s holiday momentum may have carried into the first three months of the new year. This was likely partially due to the company’s integration of tech like mobile checkout and AR/VR to enhance shoppers’ in-store experience.


Target’s Restock next-day delivery service goes nationwide (ENGADGET)

The company also slashed the delivery fee from $4.99 to $2.99.


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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.

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