Retail Roundup—Warby Parker raises $75M; Gap moves to digital payments

Warby Parker Readery
Warby Parker raises $75 million in funding. (Warby Parker)

Gap moves to digital payments by 2020

Gap Inc. announced a goal for its tier one suppliers, which includes 800 factories in 30 countries: to make the transition from cash to a digital payments system by 2020. More than 60% of Gap's suppliers already provide digital payments such as online transfers or mobile wallets to positively impact garment workers. (Business Wire)

Warby Parker raises another $75M

Warby Parker has raised $75 million in its latest round of funding, led by T. Rowe Price. Warby Parker will use the money for research and developing technology to better serve its direct-to-consumer shoppers. (New York Business Journal)

Costco eyes delivery in Canada

Coscto, which recently added grocery delivery in the U.S., is looking to expand the service to the Vancouver, Canada, area. Through a partnership with Instacart, the retailer has a delivery service in place and is now looking for sites from which they can fulfill fresh grocery orders. (Vancouver Sun)

Westfield unveils targeted digital signage at 18 centers

Westfield, one of the world's largest shopping center owners, has teamed up with Broadsign International to manage digital media across 500 screens at 18 flagship locations in the U.S. Along with new technology, the malls will be able to target messages to specific shoppers, at specific locations, in real-time. (Digital Signage Connection)

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