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lululemon CTO Julie Averill joins Indochino board (BETAKIT)
Averill has over 25 years of experience in the retail industry.
DMS Recommends: Microsoft Canada – In Support of Small Business Month (DIGITALMAINSTREET)
With the support of numerous Boards of Trade, Chambers of Commerce, professional associations and groups plus their 7 retail stores, Microsoft will hold business self-defense events across the country this October—all designed to help raise awareness of digital threats and teach businesses how to defend themselves from harm.
Amazon Pay, Zuora partner on subscription billing (PYMNTS)
Zuora said that merchants can now integrate Amazon Pay into their subscription checkout.
Klarna raises $20M from H&M, will build financing and payment services for the fashion retailer (TECHCRUNCH)
Klarna says the deal will cover “frictionless” in-store, mobile and online payments across the company’s whole footprint, a better delivery and return process, and more flexible payment options, including “try before you buy” pay later services, to be delivered through H&M’s app and its Club loyalty program.
Shopify aims to protect merchants from fraudulent chargebacks (RETAILDIVE)
The new anti-fraud product is designed to protect merchants from fraudulent chargebacks on protected orders and also streamline order fulfillment.
Walmart acquires online lingerie retailer Bare Necessities (CNBC)
Walmart’s string of small fashion-company acquisitions is designed to help the retailer access younger, millennial customers who do not normally shop on its website, and recover ground lost to Amazon.com and others.
Shopify opens its first brick-and-mortar space in Los Angeles (TECHCRUNCH)
For Shopify, Los Angeles is the ideal place to debut a physical storefront showing off the company’s new line of hardware products and the array of services it provides to businesses, ranging from newly opened startups to $900 million juggernauts like the Kylie Cosmetics brand.
Here’s how indie artists will make money with SoundCloud Premier (THEVERGE)
Marketplace’s new AI features are designed to streamline the buying and selling process.
The VC behind Warby Parker, Glossier, and Jet.com has raised a new $360 million fund (FASTCOMPANY)
“One of the things we’re increasingly looking at today is supply chain, and how people are thinking about bringing a product to market efficiently and being nimble with their working capital, and what are the ways in which they can design a process and a system where they can have unique advantages?”
Walmart will now allow shoppers to access PayPal cash in stores (TECHCRUNCH)
The deal marks the first time that PayPal mobile app users will be able to take cash out from their PayPal balance while in a brick-and-mortar environment.
