Posts by Ava Szajna-Hopgood

News

advertisements, e-commerce, monthly users, Pin, Pinners, Pinterest, Shares, social media

Pinterest saw its shares fall 19 per cent on Thursday after its third quarter revenue came in lower than Wall Street estimates. The online scrapbook platform reported lower-than-expected average revenue…

Amazon begins Black Friday Countdown with month of deals

November 1, 2019

Amazon, Amazon’s Holiday Store, Black Friday, Black Friday deals, Countdown to Black Friday, e-commerce, Holiday Kick Off, Mariah Carey

Amazon has an entire month of offers in its sights in the run up to Black Friday and the peak Christmas trading period. With Black Friday falling later than usual…

Singles Day grew at its lowest rate since it started this year at just 26 per cent, suggesting that its dominance could have reached its peak.

Alibaba eyes November for $15bn Hong Kong IPO

November 1, 2019

Alibaba, China, Float, flotation, Hong Kong, IPO, Listing, New York Stock Exchange

Alibaba Group is believed to be considering a listing in Hong Kong as early as November, according to a new report from Reuters. The e-commerce giant, which is the world’s…

Shopify Q3 revenue grows 45%

November 1, 2019

Amy Shapero, Ebay, ecommerce, quarter, results, revenue, sales, Shopify, Tobi Lütke

Shopify has reported a 45 per cent rise in third quarter revenue to $390.6 million, ahead of guidance for revenue between $377 million and $382 million. The Canadian e-commerce giant…

Amazon’s expansion into India has hit another obstacle as the country’s antitrust body digs deeper into a major acquisition.

Amazon under fire from Indian trade group over heavy discounts

September 2, 2019

Amazon, CAIT, India, marketplace, the Confederation of All India Traders, trade

Amazon has been forced to defend its hold over the market in India after a local trader group accused it of creating an unfair marketplace through its control over inventory.…

Puma launches first NYC flagship, full of virtual surprises

September 2, 2019

Instore, Virtual Reality

Fifth Avenue, flagship, Manhattan, Puma, sports brand, sportswear

Puma has launched its first flagship location in Manhattan, bringing a virtual reality bricks and mortar store to Fifth Avenue. It’s the first site of its kind in the US…

Retailers brace for price hikes as Trump tariff on Chinese exports hits

September 2, 2019

Companies, Industry

Apple, China, export, President Trump, Tax, US trade

Retailers prepared for rising prices across the board in the US as a new tariff against Chinese exports came into force on Sunday September 1. Apple is expected to take…

Historic dept. store Lord & Taylor sold to apparel rental brand Le Tote for $100m

September 2, 2019

Companies, Ecommerce, Instore

Canada, department store, Hudson's Bay, Le Tote, Lord & Taylor

The oldest department store in the US has been acquired by a seven year old clothing retail service for $100 million. Hudson’s Bay Company will sell Lord & Taylor to…

Ocado and Kroger add fifth location for US expansion

August 30, 2019

Delivery / Supply Chain, Ecommerce

CFC, Customer Fulfilment Centres, Dallas, Florida, Kroger, Ocado, Ohio

Ocado and Kroger have revealed Dallas, Texas will be the fifth location for a Customer Fullfilment Centre (CFC) for the pair, after announcing a strategic partnership in 2018 to develop…

Apple reveals Sept 10 as new iPhone launch event

August 30, 2019

Apps / Mobile, Companies

Apple, California, Cupertino, iPhone, iPhone sales, launch, new iPhone, Pro, Sept 10, September 10, Steve Jobs Theatre, XR