R|T: The Retail Times – Tech-driven retail

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

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Lightspeed sees 36% revenue growth in first quarterly report since IPO(BETAKIT)

The company, which went public in March, reported a 36 percent year-over-year increase in both quarterly and total annual revenue.

Upsie nabs $5M to build a direct-to-consumer warranty service(TECHCRUNCH)

The startup out of Minneapolis, Minn. has decided to wage war on the old warranty, with more reasonable pricing (typically 70% lower than what the retailer offers) and a much more modern approach to selling and managing the warranty.

Walmart’s new tech chief comes from Google, Microsoft and Amazon(CNN)

Walmart has tapped a veteran of Google, Microsoft and Amazon to lead its growing tech operation around the world.

Manchester retail tech firm secures £15M(BUSINESSCLOUD)

A fast-growing Manchester-based retail SaaS firm has secured £15 million in funding.

Uber Eats goes up against Ritual, brings new pickup feature to Toronto(BETAKIT)

Although Ritual has released a series of other services, its baseline offering is almost indistinguishable from that of Uber Eats’ Pickup.

Soda Says, a curated consumer electronics retail platform, launches in the US(TECHCRUNCH)

Soda Says has launched in the United States with a new vertical: women’s sex tech.

Amazon to boost advertising business with acquisition of assets from ad tech company Sizmek(GEEKWIRE)

Amazon has acquired parts of a global ad tech company to bolster its rapidly growing advertising business.

How tech is driving innovation in the retail sector(FORBES)

New technology is one way retailers are working to outpace the competition, with innovations bringing new solutions to market while also spurring improved customer experiences across various touchpoints.

Kurly, a grocery e-commerce startup in Korea, closes upsized $113M Series D round(TECHCRUNCH)

Kurly, a startup that operates a grocery delivery service in Korea, said that it has closed an upsized Series D round that reached a total of $113 million.

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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