In his 2015 letter, Shopify CEO Tobi Lutke stated that the company aims to develop affordable and easy-to-use e-commerce solutions for merchants. Apart from the online infrastructure, it offers supporting solutions such as payments and shipping to retain merchants that have subscribed to its platform. It charges a commission on every transaction.

According to a new survey of more than 1,000 U.S. consumers from Inmar Intelligence, the vast majority of shoppers (88%) indicated that they will continue to purchase retail and grocery items online in the near future.

In the modern world, we find ourselves moving in new directions. The rise of the internet has brought with it the ability for business owners to expand their reach across continents. It enabled what might have once been a standalone store on a main street to become a global empire, with shoppers able to make purchases from hundreds of miles away, while receiving a completely unique experience to the shoppers visiting the physical store.

Home Depot's $11 billion multiyear investment aims to improve on this competitive edge. The program seeks to strengthen the connection between what you see online and what you can get in stores. That will help enhance the company's success in inducing customers to buy online and pick up in stores -- a more profitable transaction for Home Depot than shipping. In the most recent quarter, 60% of online sales were picked up in-store. Maintaining and growing that percentage will be a crucial advantage against Amazon.

Investors including Tencent Holdings Ltd. and private equity giant Primavera Capital are joining a funding round that values Chinese grocery delivery upstart Xingsheng Youxuan at $3 billion, people familiar with the matter said.

The Mirror can read your heart rate, track the calories you’ve burned, and personalize workouts based on whether you have a bad back, or want more defined abs. While it currently offers workouts across 20 different genres — from to pilates, to strength training, to boxing — Putnam, a Harvard-schooled professional ballerina and former barre chain owner has had much larger ambitions for the product. “We always said that we believe we’re building the next iPhone,” she had told Fast Company late last year.

Many industries have been impacted by the pandemic in one way or another. Food delivery apps have boomed, while ride-sharing services dropped by 70% in the past months. We have been wondering what has changed for the mobile robots and logistics sector. How did the increase in online shopping orders influence the logistics sector? Will mobile robots be used more because of the restrictive measures?

Early last week, rumors that e-commerce giant Amazon would be buying an autonomous vehicle startup started to surface. By the end of the week, it was a done deal. But what is Amazon doing buying an autonomous vehicle startup?

Calvin McDonald, Lululemon CEO, joins "Closing Bell" to talk about its recent acquisition of fitness startup Mirror.

The new Giantfood.com platform offers delivery and pickup services to more than 6 million shoppers throughout Washington, D.C., Maryland, Virginia and Delaware. Customers have options for flexible order windows, and same-day delivery service is available in some areas. The company said it has also expanded its online assortment to include new items like plant-based foods. 

DSV plans to invest approx. 2 billion Danish Kroner in a new logistics centre, Europe’s largest with just one leaseholder.

According to a survey by WSL Strategic Retail, 44 percent of the total U.S. population has made an online order since the crisis began. Drilling down to beauty, 36 percent bought beauty online for the first time ever, and 73 percent of that cohort said they will continue to order online after the crisis.

Lordco Auto Parts will build a new head office, warehouse and distribution facility in Port Coquitlam.

Don’t forget the foundations of grocery shopping and the human attraction to physical experiences, says Matt Lee, MD at Capture