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Recent Articles

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UBS: Costco well positioned to meet consumer demand, shares underpriced as growth prospects support premium valuation; Q3 revenue, net income miss expectations but business model remains resilient, digital infrastructure supportive of eCommerce expansion

Loblaw to shutter its e-commerce marketplace platform for third-party sellers after only 3.5 years of operation; platform will stop taking orders on June 14, will stop processing customer returns on July 31

Shopify to launch POS Go, a new point-of-sale hardware, in Canada as it aims to widen its offerings for brick-and-mortar stores amid a slowdown in e-commerce growth; transactions made via Shopify's point-of-sale system grew 31% in Q1 2023

Ikea to invest over €90M to boost its logistics capacity in Spain by 30% to cope with online growth, new openings; company will open new fulfillment center in Illescas in partnership with DHL, as well as two more in Antequera, San Sebastian

UBS maintains Walmart at buy after strong Q1, as market share gains in groceries offset weakness in discretionary categories; e-commerce results provide upside surprise, with US sales growth of 27% surpassing Amazon's 11% rise in North American net sales

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