Shopify

  1. Shopper & Customer

DIRECT-TO-CONSUMER SHIFT BOOSTS RETAIL INVESTMENT IN SUPPLY-CHAIN INNOVATION

Recently I had the opportunity to learn from Manhattan Associate’s Sebastian LeFebure about supply chain innovation based on customer purchasing changes. LeFebure shares insight to the RetailMinded.com audience elaborating on this conversation, ultimately revealing how the movement to D2C is a supply chain revelation that brands such as Adidas and Nike have found success with. […]
4 min read
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  1. Channel: Ecommerce & Digital

Amazon’s Counterintuitive Next Big Move — Helping Brands Sell Off Amazon

With 2 million third-party sellers accounting for more than half of its retail revenue, Amazon’s relationship with the businesses that sell on its platform has become essential to its success. As those sellers have become more successful though, they have also become more powerful …and more demanding. Many are no longer content to exist solely […]
7 min read
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  1. Channel: Marketplace

Shopify gives staff a choice between cash and equity as part of compensation plan

Shopify has introduced a new compensation plan that enables workers to restructure their awards between cash payments and equity. Around 91 percent of the company’s employees have already enrolled in the new plan. “An employee saving to buy a house can choose to take home more in cash. Someone planning for their children’s future can […]
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  1. Technology & Innovation

Data and AI Technology Deliver the Ultimate Holiday Gift: Business Success

One of the first references to Christmas in July was in an 1892 French opera when in response to children singing Christmas carols during the summer a character says, “When you sing Christmas in July, you rush the season.” For retailers, the idea of planning Christmas in July is anything but rushing the season. A […]
4 min read
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  1. Data & Insights

How First-Party Data Can Transform the Way You Engage Your Customers

Though brick-and-mortar continues to be the dominant channel in retail, consumers are becoming more channel-agnostic in the way they shop. E-commerce has long been a growing avenue for retail with a global market share that is expected to balloon to $5.5 trillion this year, an increase of almost 18% over the last two years; according […]
5 min read
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  1. International

Shopify launches Translate to strengthen international selling

Shopify has announced the launch of Shopify Translate & Adapt to help make cross-border commerce even easier for Shopify merchants who “want to accelerate their global expansion without adding complexity”.… The post Shopify launches Translate to strengthen international selling appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Channel: Marketplace

Shopify boosts international selling with Translate & Adapt launch

Shopify is globally launching Shopify Translate & Adapt, the aim of which is to make cross-border commerce even easier for its merchants. For instance, by translating merchant stores into different languages with both manual and machine translations.  The product update builds on the global commerce hub, Shopify Markets, which, the company says, has helped over […]
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  1. Channel: Marketplace

What do redundancies at Shopify mean for ecommerce sellers?

Fueled by a global pandemic and increased levels of disposable income, the ecommerce industry exploded over the last two years.  The news that platform giant Shopify laid off 10% of staff, citing slowed ecommerce growth, is perhaps a warning signal, especially when combined with the current recessionary outlook. How can ecommerce businesses navigate the choppy […]
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  1. Trends & External Forces

Shopify, Porch Lead Surge in ConnectedEconomy100 Index

It’s a rare occasion when the Connected Economy 100 (CE100) Index outperforms the broader markets, but we’ve seen that happen in the past week. To that end, the CE100 stock index surged by 5.7%, well beyond the 3.6% gains seen with the S&P 500. All pillars gained ground, but the best performing index could be […]
2 min read
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  1. Channel: Marketplace

We Are On Track For the Retail Industry’s Most Challenging Peak Season Yet

Image courtesy of Target   The rollercoaster we’ve all been riding these past few years has been throwing us for loops, but one industry that’s understandably more nauseous than most is retail. While some retailers thrived via their e-commerce and click-and-collect channels, others that relied on experiential-based retail (think movie theatres, amusement parks, and restaurants) […]
3 min read
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  1. Channel: Ecommerce & Digital

Shopify tells merchants to steer clear of Amazon’s Buy with Prime

Shopify is notifying sellers on its platform that using Amazon.com’s Buy with Prime service is a violation of its terms of service. The service enables business users to offer the same benefits as Amazon Prime including free two-day shipping. Shopify has warned its platform users that using Amazon’s service could entail security risks. Amazon denies […]
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  1. Technology & Innovation

Five retail technology questions for LoyaltyLion’s Charlie Casey

RTIH asks major players in the retail technology space for their thoughts on the sector, and throws in a random question to keep them on their toes. This time around, our five questions go to Charlie Casey, CEO at LoyaltyLion. RTIH: Looking at the hottest retail technologies right now, check-out free stores, rapid delivery services, […]
4 min read
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  1. Technology & Innovation

Why you must build a moat around early customers, according to Benchling’s CEO and co-founder

Benchling’s unicorn status didn’t come overnight. Some ten years after its founding, the company is worth more than $6 billion, and the founder sees the company going public in the future. The company’s future looks like its past: talking to customers and building for power users. To that end, Benchling announced today that it recently […]
3 min read
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  1. Corporate Strategy

Charts: CEO Pay for Top Ecommerce, Public Companies

Amazon CEO Andy Jassy collected total compensation in 2021 of roughly $212 million. Shopify’s Tobias Lutke earned $20 million. Here’s a rundown of CEO compensation at select U.S. public companies. The post Charts: CEO Pay for Top Ecommerce, Public Companies appeared first on Practical Ecommerce.
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  1. Channel: Club
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  3. Owned Brands (Private Label)

Costco’s top line grows by over $30 billion in fiscal 2022

CFO Richard Galanti says customers not trading down to private label Costco Wholesale has followed up one strong fiscal year with another. The Issaquah, Wash.-based warehouse club chain posted double-digit net and comparable sales growth for its fiscal 2022 fourth quarter and full year, while topping Wall Street’s consensus earnings-per-share forecast for both periods. Related: Costco […]
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  2. Channel: Ecommerce & Digital
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Five retail technology funding rounds you need to know about

RTIH rounds up the retail systems ventures whose funding rounds have been making headlines, including Swiftly, Ryft, Instant Commerce, and 1MRobotics. 1. Ryft Ryft, a PSD2 compliant payments system firm, has raised a seed round, led by SFC Capital. Additional investors include the ex-founder of Shutterstock and the founder of LoveFilm. This brings Ryft’s total […]
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  1. Operations & Supply Chain
  2. Channel: Mass
  3. Corporate Strategy
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  5. Shopper & Customer
  6. Retail Operations
  7. Holiday & Events
  8. Merchandising
  9. Operations & Supply Chain

Walmart + To Offer Home Pickup of Returns

Axios reports that “Walmart+ members in some U.S. markets will be able to schedule to have returns picked up from their doorsteps starting the first week in October … ‘Return Pickup from Home’ is scheduled by app.” Walmart says that “members won’t need to provide a box or a label – simply hand off the […]
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