The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe.
Subscribe to R|T using the form at the bottom of this page to ensure you don’t miss out on the most important retail tech news every week!
In a joint statement, mayors that participated in the Toronto Region bid with Toronto Global expressed excitement at the fact that the city was shortlisted.
DMS Recommends: How mobile search is driving today’s in-store shopping experience (DIGITALMAINSTREET)
As we were reminded during the 2017 holiday shopping season, a great deal of shopping research is coming from mobile: 65% of Canadian holiday shoppers who visited a store turned to online search before going in-store.
The funding comes from Comcast Ventures, Global Founders Capital, Index Ventures, Ludlow Ventures, Kindred Ventures, and others.
The Canadian governmen is investing $24 million in the company through the $1.26 billion Strategic Innovation Fund.
Dia&Co, which raised $40 million from Union Square Venture, works with retailers and brands to help them expand into plus sizes.
Offline is the new online for China’s e-commerce giants.
A good loyalty program would give a rider reason to stick to a preferred service, even if another periodically offered a better deal. Ahead of an IPO, that’s just what both Uber and Lyft need.
Curate Mobile’s platform is targeted to advertisers looking to boost user value or increase brand awareness on mobile.
Amazon Go competitor Standard Cognition raises $40 million to expand its cashierless store solution (VENTUREBEAT)
The funding was led by Initialized Capital, with participation from CRV and Y Combinator.
Patrick Pichette, former CFO at Google, is one of Lightspeed’s new board members, as the company “makes ambitious plans for the future.”
Mercaux provides software for retailers to tap into digital capabilities in their physical retail stores — offering a modular platform that’s intended to support digital transformations at a pace of the retailer’s choosing.
The seed funding will be used to accelerate growth in the US and European markets.
The shoppable landing pages are meant to give businesses a new sales channel to sell things like limited-edition goods or run-targeted promotions.