R|T: The Retail Times – Target takes aim

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Shopify cancels annual developer conference Unite amid concerns over COVID-19(BETAKIT)

On Friday, Shopify announced it is cancelling the “in-person elements” of Shopify Unite, its annual conference for partners and developers.


Calgary-based fintech companies participating in inaugural financial accelerator(CALGARYHERALD)

A new accelerator program focused on addressing the financial needs of Canadians is kicking off its inaugural cohort, and two of the four attendees are Calgary-based companies.

Tempo reveals $17M-funded $2000 weight lift training screen(TECHCRUNCH)

Tempo wants to be the Peloton of barbells.

Flywire becomes a unicorn with new investment from Goldman(BLOOMBERG)

The deal will add $120 million to the company’s coffers and push its valuation to more than $1 billion, the startup said.

Amazon to enter India’s food delivery space(PYMNTS)

In a move that could interrupt the duopoly of Zomato and Swiggy, competition in the food delivery space in India could intensify as Amazon India reportedly aims to enter the industry in the near future.

Today in hires: ModiFace, Vistara Capital(BETAKIT)

In the past few weeks, two tech organizations have announced new members to their teams. Here’s a breakdown of who is joining, and what they bring to the table.

Amazon is expanding its cashierless Go model into a full-blown grocery store(THEVERGE)

Amazon is getting more serious about its brick-and-mortar retail ambitions with its first-ever Amazon-branded grocery store.

East African B2B retail platform Sokowatch has closed a $14 million Series A funding(QZ)

Sokowatch works with large with large FMCG suppliers including Unilever and Procter & Gamble.

Shogun raises $10M to help e-commerce brands build faster websites(TECHCRUNCH)

Amazon may have a market cap of more than $1 trillion, but Finbarr Taylor, CEO of Y Combinator-backed startup Shogun, said the e-commerce giant is “kind of dropping the ball.”

Target, eschewing Amazon’s open marketplace, is making strides in e-commerce(FORBES)

While Amazon and Walmart rely heavily on a marketplace model for e-commerce growth, Target appears to be focusing more on its first-party assortment, which can be fulfilled by stores.

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.

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