Effective Sept. 14, Wexler will be the VP of Shopify’s creator and influencer program, the company announced today. In the role, he will be tasked with helping creators, makers and artists “translate their audiences and personas into new, scalable brands and businesses.” Shopify explained this will help strengthen its relationships with this group of people, which it described as “a growing segment of entrepreneurs.”
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Shopify, Chewy and Ally are Resilience Awards finalists – Glossy
In an era upended by pandemic and recession, companies of all stripes have scrambled to innovate, scale and survive. But some media, marketing, fashion, beauty and retail players have continued to succeed in the face of daunting odds.
The companies that thrived in 2020 mastered the art of perseverance, and how they did so can serve as a lesson. Even as revenue streams tightened, this year's Resilience Awards finalists refused to panic or to think selfishly. Instead, they doubled down on their commitment to their team members, their customers, their partners and the broader community.
Why Shopify Stock Climbed to a New All-Time High Today
Shares of Shopify (NYSE: SHOP) rose 6.4% to a record closing high of $1,134.32 on Tuesday after its e-commerce partner, Walmart (NYSE: WMT) , announced the launch date of its eagerly anticipated membership service.
Investors think Shopify will profit from Walmart's membership initiatives. Image source: Getty Images.
Shopify stands to benefit if Walmart+ is a success. The online retail platform partnered with Walmart in June. As part of the deal, a select group of Shopify's merchants was allowed to list their products on a special section of Walmart.com. The partnership was meant to bolster Walmart's third-party marketplace -- an area where Amazon has long had a sizable advantage.
September Brings New Stock Market Records; Will Chipotle, Shopify Be the Next Stock
Chipotle shares got a nice bump higher, climbing nearly 5%. The Mexican fast-casual chain got votes of confidence from multiple Wall Street analysts.
Wedbush was first to jump on the bandwagon, raising its price target on Chipotle shares by $280 to $1,600 per share. The analyst company kept its outperform rating on Chipotle stock, arguing that it believes that Chipotle's same-store sales growth has rebounded nicely from the hit that the entire restaurant industry took during the worst of the COVID-19 pandemic. Wedbush also thinks that Chipotle will extend its competitive advantages over its peers as things continue to progress.
In case you are keeping track:
The close: Global stocks hit record as tech zooms higher; Shopify now worth almost $40-billion
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Canadian and U.S. stocks ended higher on Tuesday with technology leading the charge as Apple, Zoom Video and Shopify rose sharply. Economic data and moves toward stimulus talks in Washington helped fuel optimism.
Shopify closed up 6.73% to $1,487.02 in Toronto - a new record - giving it a market cap of $178.7-billion. That's almost $40 billion more than Royal Bank of Canada, which up until this past May had been the most valued stock on the Toronto Stock Exchange.
Selling on Etsy vs Shopify: Which Is Best?
Many merchants have a lot to learn before selling online, and one decision they face is selling on Etsy versus Shopify . This decision should be easy to make if you know how these platforms work—that way, you can identify which best suits your online business and its goals.
15 talented Etsy artisans collaborated with @abeautifulmess to co-create a collection with playful patterns, '70s-inspired earth tones and cozy textures. Shop the limited-edition #ABeautifulMessxEtsy collection, while quantities last: https://t.co/U6OjETs51e pic.twitter.com/h2hwIeG5CK
Sift Announces Integration with Shopify to Make Digital Trust & Safety Accessible to More
New Sift App in Shopify App Store Allows Businesses to Unlock Safe, Scalable Growth With No Code
As more commerce has shifted online, particularly since the start of the COVID-19 pandemic, the threat of fraud for e-commerce businesses has continued to grow rapidly. Now merchants are faced with the difficult challenge of offering frictionless sales and checkout experiences that consumers demand while preventing fraud.
Shopify's Ian Black helps small brick-and-mortar retailers thrive - Business Insider
"We don't do all of that today," Black told Business Insider in an interview. "But we've tried to build piece by piece and address their largest pain points."
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Entrepreneurs are a broad category — on one end of the spectrum, an entrepreneur could be the sole team member, looking to Shopify on the first day of their company's existence; at the other, a seasoned veteran entrepreneur could use Shopify to power its big-name brand (Shopify is used by both Allbirds and Kylie Cosmetics). Shopify aims to build a suite of products that works for the entire spectrum.
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