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.
Retail
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
Following exit to Live Nation, Universe founders secure $10.8 million for online art marketplace Peggy
Peggy uses AI to help artists and collectors authenticate artwork.
Shopify unveils new features for shopping app, fulfillment network in latest products update report
Shopify focused on expanding its fulfillment network and Shop app.
Raven.ai aims to address supply chain issues following $12 million USD Series A
“We believe Raven’s solution will play a key role in engaging these frontline teams.”
Shopify invests in US-based e-commerce analytics aggregator Triple Whale
Triple Whale helps Shopify merchants unify business metrics into one dashboard.
After selling startup to Instacart, New School Foods founder raises $15.9 million CAD to create plant-based meat
Toronto startup’s tech can produce plant-based salmon fillets.