Clutch cuts staff to extend runway, citing market conditions
The layoffs follow a $100 million Series B secured in 2021.
Retail
Tablz closes $3.2 million CAD to bring premium seating to the restaurant industry
Tablz wants to monetize restaurant tables like airplane seats.
After raising over $1 billion USD in the last year, Faire CTO says startup is poised for growth during market downturn
Despite present conditions, Faire hasn’t paused or slowed hiring, or made any layoffs.
Ritual lays off 16 percent of staff to “prepare for a recession”
As prospect of recession looms amid rising inflation, Ritual has laid off 23 employees.
Shopify employees told hiring will slow at town hall
E-commerce giant’s staff told to gird their loins.
Flipp acquires digital savings content platform Reebee
As grocery prices spike, Flipp and Reebee consolidate to help more Canadians save money.
R|T: The Retail Times – Swyft cuts, lightning-fast acquisitions
Plus: Rohlik bags $231M as market cools on food delivery startups.
Shopify rolls out new Editions showcase, unveiling wholesale offering, Twitter partnership
Much like the coinciding Apple keynote, one might consider Editions a rollout of Shopify’s latest e-commerce OS.
Potloc raises $35 million to expand social media sampling tech across North America, Europe
The consumer research startup claims to have surveyed 36 million people globally.
Bonsai has laid off around two-thirds of staff over last two months
The CEO cited market volatility despite Bonsai raising $21 million this year.
Plobal Apps raises $8.5 million in Bessemer-led round to scale mobile e-commerce app for Shopify merchants
With $14 million in total funding, Plobal wants to go global.
R|T: The Retail Times – The results are in for Tobi Lütke at Shopify
Plus: Amazon’s Consumer Chief Dave Clark joins supply chain startup Flexport as CEO.
GoBolt buys same-day delivery startup BoxKnight to accelerate move into small parcel space
Acquisition comes as GoBolt looks to win big in US fulfillment market.
Maropost acquires Swedish AI startup Findify for over $4.45 million USD
Findify’s clients include Victoria Beckham, Pharell Williams, and a Kardashian.
R|T: The Retail Times – Shopify finds conflict minerals in its third-party manufactured components
Plus: Amazon CEO of Worldwide Consumer Dave Clark resigns.