The Magento 2 Merchant Beta release (1.0.0-beta) includes a schema update that requires you to uninstall the Magento software and reinstall it.
The reason is that all modules in Merchant Beta are version 2.0.0. The update affected all data and schema in the Magento 2 database.
To update to the Merchant Beta release:
<your Magento install dir> directory.composer.json.git pull origin develop
If git pull origin develop fails, see troubleshooting.
composer.json with new composer.json provided with Merchant Beta.composer update.var directory contents:
rm -rf var/generation/* var/cache/*