Digital Commerce 360 » Canadian Ecommerce
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Digital Commerce 360 is an e-commerce journalism & research, that covers both the retail and B2B industries. A trusted source of e-commerce intelligence that helps businesses navigate the latest technologies, trends and strategies. All the latest news, analysis, research reports, charts, data and webinars are here.
Digital Commerce 360 » Canadian Ecommerce
1M ago
Discover the Power of North American Ecommerce with Our All-New Top 2000 Database
Introducing a new database option to satisfy the increasing demand for a more expansive and comprehensive analysis of North America’s online retailers. The Top 2000 Database provides an extensive ranking and thorough data analysis of the leading online retailers based in North America. These retailers are ranked from 1 to 2000 based on yearly web sales and collectively account for over $1 trillion of global ecommerce.
Here’s what you’ll find:
Market Overview: Gain insights into the entire North American e ..read more
Digital Commerce 360 » Canadian Ecommerce
2M ago
Emily Newton
A smooth customs process is essential for getting ecommerce goods to their destinations in the expected time frames. However, standard customs forms are extremely detailed, with dozens of fields to fill. People are increasingly interested in how artificial intelligence (AI) could streamline things.
1. Completing Customs Forms More Efficiently
Even conscientious people make errors when providing information on customs documents. That might mean they put details into the wrong fields, use the wrong tariff codes to classify ecommerce documents, or make other mistakes, ultimately ex ..read more
Digital Commerce 360 » Canadian Ecommerce
2M ago
After Amazon acquired Whole Foods, the grocer’s presence on Instacart became an early casualty. The companies worked together as far back as 2014, but Instacart eventually found itself competing with Amazon’s own grocery-delivery ambitions. In Canada, however, Whole Foods is back on Instacart, with its own storefront on Instacart.ca.
Amazon’s Whole Foods working with Instacart in Canada
Instacart announced the new addition to its app and website on Feb. 7, including delivery availability for 14 Whole Foods Market stores in the Vancouver, Victoria, Toronto and Ottawa metro areas.
Amazon ranks N ..read more
Digital Commerce 360 » Canadian Ecommerce
1y ago
Shopify Inc. will cut jobs for the second time in 10 months and has agreed to sell the majority of its logistics business to Flexport Inc. as it faces a challenging climb back from last year’s slump.
“I don’t want to bury the lede: after today, Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics; this means some of you will leave Shopify today,” CEO Tobi Lütke said in a memo to staff. “I recognize the crushing impact this decision has on some of you, and did not make this decision lightly.”
The company expects to incur severance charges of $140 million to $150 million ..read more
Digital Commerce 360 » Canadian Ecommerce
1y ago
Aritzia Inc. reported ecommerce earnings increased more than 50% for the quarter ended Feb. 26, 2023.
The Canadian retailer reported net revenue grew 47%, and it reached $2 billion in sales for the first time in 2023.
Aritzia ranks No. 211 in the Top 1000. The database is Digital Commerce 360’s ranking of the largest North American online retailers by web sales.
Ecommerce boomed
Ecommerce sales were up 51% year over year for the fourth quarter, Aritzia said. Online sales accounted for about 43% of revenue in the quarter.
Traffic growth in both the U.S. and Canada fueled the sales record. Conve ..read more
Digital Commerce 360 » Canadian Ecommerce
1y ago
The news: In late August, Walmart Inc. launched another campaign to broaden a growing pool of third-party sellers listing on its U.S. online marketplace, this time extending the invite to Canadian retailers. The move is a continuation of the merchant’s more recent plans for international expansion for that business arm. The context: Walmart Marketplace continues […]
To access this post, you must purchase Platinum Memberships, Platinum Memberships – North American Platinum, Platinum Memberships – International Platinum, Platinum Memberships – Platinum Bundle, Gold Membership, Reoccuring Billing ..read more
Digital Commerce 360 » Canadian Ecommerce
1y ago
Canadian ecommerce firm Shopify Inc. is cutting about 10% of its workforce. The Shopify cuts come with acknowledgment from CEO Tobi Lutke that the company’s decision to expand rapidly coming out of the COVID-19 pandemic didn’t pay off.
The Shopify cuts will eliminate about 1,000 jobs out of 10,000 or so total employees at Shopify. Most of the affected roles are in recruiting, support and sales, Lutke said in a memo posted on the company’s website. The layoffs are immediate. The Wall Street Journal reported the job cuts earlier Tuesday.
News
Shopify falls short of earnings expectat ..read more
Digital Commerce 360 » Canadian Ecommerce
1y ago
Shopify and Twitter announced a deal to let Shopify merchants sell on the social-media platform. It’s the latest in Shopify Inc.’s initiatives to expand its social media partners as it aims to help businesses reach buyers across a range of online platforms.
As of today, Shopify’s U.S. merchants will be able to open a virtual storefront on Twitter’s online shopping platform. The news follows other Shopify Inc. collaborations with Alphabet Inc.’s Google and Meta Platforms Inc.’s Facebook.
“Retail does not happen across one channel, it happens across every channel,” Shopify President Harley Finke ..read more
Digital Commerce 360 » Canadian Ecommerce
1y ago
Shopify Inc. said sales and profit in the first quarter fell far short of analyst expectations. The Canadian ecommerce company also lowered guidance for the rest of the year, as the platform provider struggles to add new merchants.
Shopify is contending with consumers returning to physical stores and rising inflation, as well as labor shortages, Chief Financial Officer Amy Shapero said in a call with analysts.
“We saw lower merchant adds than last year and we largely attribute that to a very tight and transitional labor market,” Shapero told analysts. “We expect that the labor market will star ..read more
Digital Commerce 360 » Canadian Ecommerce
1y ago
The retailers in the 2021 Digital Commerce 360 Top 1000 benefited from the big shift to online shopping during the pandemic as many stores closed and millions of consumers turned to the web rather than risk entering stores that remained open. In percentage terms, ecommerce growth was even faster in Canada and Mexico than in the […]
To access this post, you must purchase Platinum Memberships, Platinum Memberships – North American Platinum, Platinum Memberships – International Platinum, Platinum Memberships – Platinum Bundle, Gold Membership, Reoccuring Billing Test Product, Clorox 2019 Gol ..read more