1. Channel: Marketplace

Shopify’s Stock Plummets 19% After Earnings Report

Written by Posted on Less than 0 min read

Shopify, the Canadian e-commerce company, faced a significant drop in its stock value after releasing its first-quarter results.

View Original Article
Member since
RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business morning, our editors post timely topics worthy of commentary by the RetailWire BrainTrust panel of industry experts and general readership. The results are virtual round tables of industry opinion and advice covering the most dynamic trends and issues affecting the retailing industry. https://retailwire.com/
Do you like RetailWire's articles? Follow on social!

More from RetailWire

  1. Stores & Formats

Claire’s to open shops inside 21 Macy’s stores

Macy’s said that it will open Claire’s store-within-a-store concepts inside 21 of its locations. The move is part of the department store’s plans to broaden its customer base. The chain recently opened Toys “R” Us shops inside all its stores. View Original Article Brick and Mortar Shoppers Dept. Nonfood Dept. Toys & Games RetailWire Member […]
< 1 min read
0
  1. Channel: Specialty & Other

Trader Joe’s Raises Banana Prices for the First Time in 2 Decades

The grocer has increased the price of one banana from 19 to 23 cents. View Original Article Trader Joes RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional […]
< 1 min read
0
  1. Trends & External Forces

Dairy Queen promotes St. Patrick’s Day ice cream treats

Dairy Queen is bringing back its shamrock-colored Mint Brownie Blizzard Treat for St. Patrick’s Day. It is also debuting the Under the Rainbow Shake, which blends strawberry flavor and rainbow sprinkles with its vanilla soft-serve ice cream. View Original Article Dept. Dairy Dept. Fresh Dept. Frozen Dept. Refrigerated Weather RetailWire Member since October 25, 2020 […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon to change business practices in deal with EU regulators

Amazon.com has agreed to give makers of rival products equal access on the e-commerce platform as part of an agreement with European regulators, according to people with knowledge of the deal. It has also agreed to not use data from third-party marketplace sellers to inform its own offerings. View Original Article Amazon Data & Insights […]
< 1 min read
0
  1. Channel: Club

Costco’s March numbers aren’t very Costco-like

Costco reported a 2.6 percent gain in same-store sales for March, below the 3.9 percent expected by Wall Street. The warehouse club saw its numbers pulled down by weakness in its non-foods business. View Original Article Costco Economy Operations & Supply Chain RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s […]
< 1 min read
0
  1. Shopper & Customer

Consumer prices fell again in December

The Consumer Price Index in December fell 0.1 percent. The annual rate of inflation for December was up 6.5 percent, the slowest gain since October 2021. The annual rate in November was 7.1 percent. View Original Article Consumers Economy RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion […]
< 1 min read
0
  1. Channel: Specialty & Other

New Trader Joe’s Opens in SF After 10 Years

San Francisco’s Hayes Valley neighborhood welcomed a highly anticipated new addition on May 17, 2024, with the grand opening of a Trader Joe’s at 555 Fulton St., on the corner of Laguna Street. This event marks the end of a decade-long wait for residents who have been eagerly looking forward to a new grocery store […]
< 1 min read
0
  1. Shopper & Customer

Shein and Temu battle in court and the marketplace

Shein and Temu are going head-to-head competing for U.S. consumers looking to buy inexpensive goods online. Shein has filed a lawsuit against Temu, accusing it of hiring social media influencers to make “false and deceptive statements” about it. View Original Article Associates Marketing: Social Media Consumers Legal & Criminal ESG and CSR RetailWire Member since […]
< 1 min read
0
  1. Shopper & Customer

Consumers kept spending in May

U.S. retail sales in May were 0.3 percent higher than in April, reports the Commerce Department. Stronger auto and parts dealer sales help boost the overall number. Economists were expecting a slight decline. Considering the inflation crisis, the Biden administration has been hard at work in dealing with the concerns of the American people in regard to… […]
< 1 min read
0
  1. Operations & Supply Chain

Retailers are ditching free online returns

Retailers including Abercrombie & Fitch, Anthropologie, H&M, J.Crew and Zara now charge customers stocking fees for returned merchandise. Americans returned 47 percent of the items they ordered online this year, according to parcelLab. View Original Article Dept. Apparel Returns RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion […]
< 1 min read
0
  1. Trends & External Forces

Apple gets a win in App Store legal challenge

The U.S. Court of Appeals for the 9th Circuit ruled that a lower court got it right in 2021 when it ruled that Epic Games, the maker of Fortnite, had failed to prove that Apple’s App Store policies violate federal antitrust laws. View Original Article Dept. Nonfood Dept. Toys & Games Legal & Criminal Government […]
< 1 min read
0
  1. Stores & Formats

New approaches are needed to deter organized retail crime

Retailers and lawmakers have to develop new approaches if they are serious about taking a bite out of organized retail crime rings. Going after and heavily punishing boosters, the people who steal merchandise from stores, has proven ineffective and the INFORM Consumers Act does not require online marketplaces to certify that goods sold on their… […]
< 1 min read
0
  1. Shopper & Customer

Americans are not happy with the service they are getting

Seventy-four percent of consumers report having a problem with products and services, according to the National Customer Rage Survey. That’s up from 66 percent in 2020, 56 percent in 2017 and 32 percent in 1976. View Original Article Thick Data Consumers Shoppers RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s […]
< 1 min read
0
  1. Trends & External Forces

FTC Fines supplement brand for ‘review hijacking’

The Federal Trade Commission has fined The Bountiful Company, maker of Nature’s Bounty vitamins and supplements, $600,000 for engaging in “review hijacking” by merging multiple products on a single page to make them appear to have better ratings and reviews than they would have on their own. View Original Article Marketing: UGC Government RetailWire Member […]
< 1 min read
0
  1. Trends & External Forces

Americans reign in spending

Government reports and retailer earnings all point to Americans becoming more frugal in the face of high prices and interest rates. “A consumer slowdown is underway,” said Neil Saunders, managing director at GlobalData. “Growth is a lot more sluggish than it has been for quite some time and … retailers are reporting quite stark changes… […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon puts a hold on grocery and c-store expansion

Amazon.com CEO Andy Jassy admits that the retail and technology giant has failed to crack the code on the grocery business. The company has put a hold for now on further expansion of its Amazon Fresh supermarkets and convenience stores. Mr. Jassy said Amazon is looking to develop a distinctive format that can operate profitably […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon Introduces a Shopping Assistant: Meet Rufus

An AI-powered shopping assistant promises to make customer shopping more interactive than ever for Amazon. View Original Article Amazon AI Technology & Innovation Shoppers RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content […]
< 1 min read
0
  1. Media & Marketing

WWE’s Monday Night Raw Powerslams Into Netflix

WWE has entered into a long-term partnership with Netflix. WWE’s flagship weekly program, Monday Night Raw, will depart from regular television for the first time in its 31-year history. View Original Article Flagship Stores Streaming Partnerships RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the […]
< 1 min read
0
  1. Corporate Purpose

Target Removes LGBTQ Pride Month Products From Some Stores

Target Corporation has made a strategic move regarding LGBTQ-themed merchandise for this year’s Pride Month in June. View Original Article Target Brick and Mortar Inclusivity RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling […]
< 1 min read
0
  1. Trends & External Forces

Retailer subscription programs draw scrutiny after FTC’s Amazon lawsuit

Retailer subscription programs face closer scrutiny following the Federal Trade Commission’s suit against Amazon.com for allegedly tricking “millions of consumers” into signing up for the Prime program. William Kovacic, a professor at George Washington University Law School and former commissioner of the FTC, said other retailers should be concerned about what the agency’s suit against… […]
< 1 min read
0
Next