Canadian retail shows resilience and strategic growth with expansions, AI-driven transformations, and evolving consumer behaviours amid economic challenges.
Fake maple syrup class action targets grocers, end of an era for Husky brand, 200k retail development coming to Calgary, Costco breaks ground on Winnipeg store, and other news.
Shopify said it achieved Q4 revenue growth of 31% and a 19% free cash flow margin, marking 10 consecutive quarters of double-digit free cash flow margins.Â
Google is expanding AI-powered shopping in Gemini through partnerships with Walmart, Shopify, and Wayfair, signaling a shift toward agent-led commerce.
Shop Pay Installments will become available in general access to Shopify merchants in Canada and the U.K. this summer, with cross-border commerce capabilities between the U.S., Canada, and U.K. to follow.
For Shopify merchants, the expanded global availability of Affirm’s Shop Pay Installments means enhanced sales opportunities and an improved customer experience.
Ottawa-based ecomm platform Shopify partnered to collect data from retailers, finding that enterprises are looking for better platforms while also highlighting major concerns.
The dynamic partnership will establish a first-of-its-kind EY wavespace x Shopify Centres, and will reimagine the future of e-comm while unlocking new markets for retailers.