Chipotle CEO and Chairman Brian Niccol on how his company is adjusting to coronavirus, including more online orders, raising employee wages and publishing its guacamole recipe.
Chipotle Mexican Grill is helping the farmers that support its supply chain with a new program that will improve each farm’s e-commerce website, the company announced Tuesday.
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The program, Chipotle Virtual Farmers Market, will be hosted on Shopify – a multinational e-commerce platform and point-of-sale system. Farmers who take part in this program will be able to sell meat, dairy and grain products directly to U.S. consumers.
Other things to check out:
Shopify (SHOP) Gains But Lags Market: What You Should Know
Shopify (SHOP) closed at $922.42 in the latest trading session, marking a +1.36% move from the prior day. This change lagged the S&P 500's 1.47% gain on the day. At the same time, the Dow added 2.32%, and the tech-heavy Nasdaq gained 1.2%.
Heading into today, shares of the cloud-based commerce company had gained 22.24% over the past month, outpacing the Computer and Technology sector's gain of 4.26% and the S&P 500's gain of 0.74% in that time.
Northern entrepreneurs team up with Shopify, Mastercard
A program for northern entrepreneurs is partnering with an international shopping platform in a bid to get more Indigenous business owners selling online.
Benjamin Scott, project director for EntrepreNorth, said partnering with Shopify and others will help the program’s workshops across the North and its efforts to create more entrepreneurs.
"Our purpose is really to advance leadership on Indigenous-centred practices that power innovation, create social change, and create new economic pathways for northerners," said Scott.
Shopify's move into logistics is a gamble, Paul Harris says - Cantech Letter
Shopify ( Shopify Stock Quote, Chart, News TSX:SHOP ) is firing on all cylinders during COVID-19 and while the stars are aligning well for the Canadian e-commerce sensation, the rollout of its fulfillment network could be a near-term headwind, says portfolio manager Paul Harris.
"We don't own the stock — like everybody, you probably wish you did — but the reality is that we've sort of changed the way we have to think about many things, and Shopify is in this really sweet spot where they're really helping companies who didn't have an online presence to have one," said Harris, partner at Harris Douglas Asset Management, to BNN Bloomberg on Friday.
Not to change the topic here:
Shopify's Bubble May Be The Next To Burst (NYSE:SHOP) | Seeking Alpha
Zoom ( ZM ) isn't the only stock that has seen an incredible run that has reached bubble-like levels . Shopify ( SHOP ) is in that same camp too. Now, like Zoom, the Shopify bubble may finally be about to pop.
Shopify's valuation is at astronomical levels, trading for 42 times its next 12-month sales estimates. While investors often like to compare to Shopify's opportunities to that of Amazon ( AMZN ), Amazon never traded at such lofty levels, even in its early days.
Can Shopify's (TSX:SHOP) Stock Price Move From $1,200 to $1,500 in July?
Stock prices of Shopify, Wix, and Zoom increased during this reality-distorting stock market rally. There is no doubt that the three companies have a bright future. But more than 100% growth in their stock price in just three months has raised red flags on their valuations. This inflated price comes after expectations that sales would grow 100-150% during the lockdown period.
But Shopify stock is already oversold, with a Relative Strength Index (RSI) of over 70. Moreover, the stock’s 100% rally is not backed by volumes, which means there are not many buyers or sellers in the market. There was a $50 gap between the closing price of March 23 and the opening price of March 24. A similar gap of $44 was witnessed on June 15, when Shopify announced its partnership with Walmart .
Video Producer/Editor job with Shopify | 142106
Shopify empowers more than 1 million merchants from all over the world to succeed at entrepreneurship. We're with our merchants each step of the way to help them start and scale their businesses, while allowing them to sell through numerous channels. Our mission is ambitious, and that means we need to hire great people so we can make commerce better for everyone.
As a video producer, you will be producing and editing video content for Shopify's Shipping and Financial Solutions teams. Your role will focus on all three phases of video production: pre-production, production and post-production. You will help to conceptualize and develop video content to be used in promotional/inspirational marketing materials, along with content for internal communication and events.
Technical Product Marketing Manager job with Shopify | 142105
Shopify has redefined commerce, raising the standard for how businesses of all sizes manage, market and sell their products and services. With over 1M merchants in more than 175 different countries, powered by the most innovative platform on the market, we continue to grow rapidly while constantly looking for new ways to impact and disrupt markets.
We are looking for a bright, passionate Product Marketing Manager with expertise in reaching and resonating with technical audiences who can help us reinforce and amplify our proud reputation of being the most scalable, reliable, and performant commerce platform. We need to build and share a narrative around our performance today, and continue to evolve it as we continue to make product investments and updates.
Happening on Twitter
Returns since March-lows Wayfair +900% Carvana +438% Twilio +302% Shopify +283% Uber +236% Norwegian Cruises +235%… https://t.co/aDSJDkhR29 MorningBrew (from New York, NY) Tue Jun 23 20:57:03 +0000 2020
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