Daily Blends raises $2.7 million CAD, signs Metrolinx deal to deploy smart vending machines
Healthy vending machines are coming to public transit stations, college campuses across Canada.
Retail
Lightspeed COO Brandon Nussey to depart in latest C-suite shakeup
The COO is the latest in a string of exec changes at Lightspeed.
Sonder lays off 14 percent of staff as it aims to become cash flow positive in 2023
Move marks Sonder’s second round of significant cuts since going public last year.
Fresh Prep acquires fellow Vancouver food delivery startup Peko
Fresh Prep says deal will help the sustainable meal kit company tackle food waste.
From desk to doorstep: KitchenMate expands smart food kiosk to condo market
As hybrid and remote work prevail, KitchenMate brings its Gen2 closer to home.
Shopify changes employee compensation model: “being a manager now has no effect on compensation”
Shopify employees are now either managers or crafters, but not both.
Amazon climate tech fund backs Genecis to turn food waste into bioplastics
Amazon is exploring ways to use Genecis’ bioplastics in its own packaging.
R|T: The Retail Times – Indigo ransomware attack gets personal
Plus: Shopify expands partner program.
Shopify built Indigo’s new website in three days following ransomware attack
After reaching out to Shopify, Indigo was back online with a new site in three days.
R|T: The Retail Times – Shopify’s revenue jumps but beware Amazon’s Trojan horse
Plus: Proposed regulations for Retail Payment Activities Act open for public comment.
Shopify launches initiative to expand partner program
First phase aims to help partners earn more, upskill, and engage more with Shopify.
Proposed regulations for Retail Payment Activities Act open for public comment
Bank of Canada’s Ron Morrow: “It is your one chance to shape the regime.”
Shopify posts 26 percent YoY revenue jump, but growth still below pandemic highs
Shopify beats analyst projections in Q4 with over $1.7 billion USD in revenue.
R|T: The Retail Times – Ssense failed to notify government of its cyberattack
Plus: eBay to lay off 4 percent of work force.
R|T: The Retail Times – Amazon facing antitrust, slower growth
Plus: Lightspeed layoffs Groundhog Day