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Retailers are reversing generous returns policies which cost a staggering $817 billion last year–but consumers still expect easy returns as they plan their holiday shopping Heather Hoover ...
The software works with the Shopify platform to reduce the cost and difficulty with a commonplace issue in retail, which is returns. In fact, according to Shopify, returns account for 20 to 30% of ...
It also cut jobs to get the business more in line with demand and become more cost efficient. These moves are paying off. Operating income was $241 million in the second quarter with an 11.8% ...
To wit, Y Combinator-backed Rever recently closed a €8.5 million (~$9.29 million) million funding round led by GFC and Oscar Pierre, which the company plans to put toward expansion, hiring and ...
Gross margin also jumped from 49.3% to 51.1%, helped by higher subscription plan prices and Shopify's exit from its lower-margin logistics business. The company generated $333 million in free cash ...
Shopify, like countless other Big Tech brands, is leaning into generative AI. At its bi-annual Editions conference, the e-commerce company announced an expanded set of features under Shopify Magic ...
Shopify Inc. Shopify Inc., stylized as shopify, is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. Shopify is the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. [ 3] The platform offers online retailers a suite of services including; payments, marketing, shipping and ...
Credit card processing fees usually cost a business between 1.5% and 3.5% per transaction, but using the Solana Pay option is practically “fee-free,” Fried said.