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Shopify Cuts Costs For Partners, Which Could Lead To Merchant Growth
Wednesday, June 30, 2021 - 2:16pm | 684The Shopify Unite event was held this week highlighting new launches from the company and how it can help its partners in the growing e-commerce market. Shopify Unite: Shopify Inc (NYSE: SHOP) saw more than 450 million people complete checkouts in 2020. The company processed around $120...
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Amazon Sales Growth Vs. Stagnant Profits, In One Chart
Friday, February 2, 2018 - 2:44pm | 339Amazon.com, Inc. (NASDAQ: AMZN)'s focus on long-term growth has been a signature trademark of its founder and CEO Jeff Bezos. In fact, Bezos' desire to achieve growth at the expense of profits and margins is now showing signs of success. What You Need To Know Amazon reported its fourth...
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RBC's Mahaney Turns From 'Skeptical' To Bullish On eBay
Thursday, February 1, 2018 - 3:06pm | 459eBay Inc (NASDAQ: EBAY) reported fourth-quarter results Wednesday that included a slight revenue miss and in-line earnings. But digging beyond the headline numbers reveals four reasons why investors can turn aggressive on the stock, according to RBC Capital Markets. The Analyst...
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Cramer: Retailers Just Proved They're Far From Dead
Friday, November 17, 2017 - 2:07pm | 419Retailers are making a strong statement in their earnings report that they are far from dead, so says CNBC's Jim Cramer. Many of the companies who reported their earnings in the past few days made it clear they're putting up strong defenses against Amazon.com, Inc. (NASDAQ: AMZN), Cramer...
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The One Factor That Could Slow Down E-Commerce Growth
Sunday, June 18, 2017 - 5:52pm | 329There is little doubt that e-commerce continues to gain traction and is becoming a preferred method of shopping for more consumers. But there is one problem few investors are discussing, a CNBC report noted: the surging cost of warehouse and distribution centers. Industrial real-estate rates close...
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Morgan Stanley's Retail Analyst Fields Some Of The Most Pressing Questions From CNBC's Viewers
Friday, June 9, 2017 - 4:03pm | 430CNBC's viewers had an opportunity to direct retail related questions to one of the Street's most notable analysts, Morgan Stanley's Kimberly Greenberger earlier this week (check out her track record). L Brands Versus Amazon Greenberger was asked by a viewer to comment on L Brands Inc (NYSE: LB)'s...
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Amazon At $1,000 Is 'Just A Nice Trophy'
Friday, May 26, 2017 - 1:14pm | 334Shares of Amazon.com, Inc. (NASDAQ: AMZN) are trading within striking distance of the $1,000 per share mark and the company's CEO Jeff Bezos deserves a "trophy," at least according to Gene Munster. Munster, the ex-Wall Street analyst turned venture capitalist, was a guest on CNBC's "Squawk on the...
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Jim Cramer Breaks Down Retail's Biggest Problems
Friday, May 12, 2017 - 11:36am | 462One of the handful of issues plaguing retailers is the fact that there are simply too many stores for consumers to chose from. CNBC's Jim Cramer explained Friday that he personally shops at J C Penney Company Inc (NYSE: JCP) but at its core the department store doesn't necessarily bring...
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Wal-Mart's New Incentive Is The Wrong Play, Gadfly's Banjo Argues
Sunday, April 16, 2017 - 4:38pm | 436Wal-Mart Stores Inc (NYSE: WMT) announced on Wednesday a new strategy it believes will win over customers from rival Amazon.com, Inc. (NASDAQ: AMZN): pay consumers to visit stores. Sort of. According to a CNBC report, Wal-Mart will give customers a discount for ordering an item online and having it...
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10 Retailers Poised To Perform In The Digital Retail Revolution
Saturday, April 8, 2017 - 2:13pm | 453The rise of ecommerce has most certainly changed the way we shop. According to Sharon Zackfia of William Blair, online commerce now represents 10 percent of all retail sales in the U.S. (excluding auto and gas) and growing at a pace approximately three times that of the broader retail index. Few...
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Does J.Jill Have The Right Mix For A Future In Digital Retail?
Monday, April 3, 2017 - 2:51pm | 397Michael Binetti of UBS initiated coverage of J.Jill Inc (NYSE: JILL) with a Buy rating and $16 price target given the fashion retailer's "enviable combo" of a low store count (275 units) and high mix of ecommerce sales (38 percent). According to Binetti, the retailer who underwent its...
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Is Target The King Of Online Retail?
Monday, October 3, 2016 - 12:29pm | 365CNBC's Courtney Reagan conducted a test involving Amazon.com, Inc. (NASDAQ: AMZN), Target Corporation (NYSE: TGT) and Wal-Mart Stores, Inc. (NYSE: WMT). Regan placed an order at all three retailers for an identical set of eight different goods. Among the products ordered included diapers,...
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Buffett Says Bezos Has Shown 'Amazing Talent In Figuring Out How To Please Customers'
Monday, May 2, 2016 - 10:01am | 324Warren Buffett displayed an appreciation for Amazon.com, Inc. (NASDAQ: AMZN)'s CEO Jeff Bezos during a segment on CNBC. Speaking as a guest during CNBC's Squawk Box segment, Buffett expanded on comments he made earlier in the weekend during Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B)'s...