Canadian founders face rising costs, wasted time ahead of trade war escalation
Entrepreneurs share biggest sources of uncertainty, from supply chain change-ups to currency fluctuations.
Retail
SRTX founder and CEO Katherine Homuth to step down amid fundraising push and tariff threat
Rip-resistant tights manufacturer temporarily laid off 40 percent of staff ahead of “worst-case” US tariffs.
Lightspeed to expand and revamp sales team as part of revised go-to-market effort
Execs said direct sales will help company’s two “leading growth engines” at Lightspeed’s Capital Markets Day.
Descartes nabs another American company with $164.4-million acquisition of 3Gtms
Acquisition expands logistics software company’s North American reach and adds network of carriers.
Lightspeed scales back fiscal 2025 revenue outlook as “several macroeconomic conditions have deteriorated”
Lightspeed saw same-store sales and business formation decline as the trade war heated up in February and March.
Shopify to transfer US stock listing to Nasdaq, remain on TSX
Stock transfer follows recent changes to Shopify’s SEC filings that show potential to become US-domiciled.
Why a Canadian bank launched an e-commerce platform
TD eCommerce Solutions gives its small business customers a way to sell online.
Shopify acquires search startup Vantage Discovery for undisclosed amount
Shopify CTO hints that Vantage’s AI-powered platform could help merchants advertise.
The ‘buy Canadian’ movement is fuelling growth for TruLOCAL’s food subscription
TruLOCAL says it’s a US tariffs beneficiary with 193-percent subscription growth in February.
Shopify merchants can now prompt AI to design a store theme
Merchants can generate up to three free personalized themes with a description of their business.
Shopify’s latest SEC filings show potential to become US-domiciled, TD analyst warns
Canada’s largest tech company names New York executive office in new 10-K filing.
Former EventMobi, Voiceflow leaders secure $2 million CAD to tackle retail merchandising with Merchkit
Startup aims to help retailers cut product launch timelines, operational costs via AI.
Prosus to acquire SkipTheDishes parent company JustEat Takeaway in $6.2-billion deal
Prosus to take JustEat Takeaway private and plans to maintain its key brands.
Temu opens marketplace to Canadian vendors as ‘buy Canadian’ push picks up
Eligible Canadian businesses can now sell products to Canadian consumers directly on Temu.
Black merchants disheartened after Shopify guts another Equitable Commerce program
Following end of Build Native, access to Build Black Slack channel locked at start of Black History Month.