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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
Published: May 31, 2023 by Proactive Investors
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
Published: May 30, 2023 by Canada StockWatch
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
Published: May 25, 2023 by Canada StockWatch
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
Published: May 24, 2023 by CE Noticias Financieras (Latin America)
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
Published: May 23, 2023 by Proactive Investors

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