E-commerce
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Canadian small businesses say they feel squeezed by Amazon power ‘imbalance’The Canadian Federation of Independent Business heard most of its members are facing difficulty competing in an online economy increasingly dominated by e-commerce giants.EconomyNov 16, 2023
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What is Temu, the app that asks users to ‘shop like a billionaire’?Temu is rapidly becoming one of the most popular apps for Canadians to shop online. Here's what you should know about concerns associated with the e-commerce app.ConsumerAug 20, 2023
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Amazon’s latest pitch: Save $10 by skipping delivery. Here’s how it worksAmazon is pitching a new option to some customers that could allow it to save money on delivery costs by having shoppers pick up their own packages.MoneyMay 9, 2023
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Lightspeed to hire, shift focus to premium clients after layoffsLightspeed laid off 300 workers last month amid widespread cuts in the tech industry. About 50 per cent of those who departed were in management positions.EconomyFeb 2, 2023
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E-commerce company Lightspeed cutting about 300 jobsThe e-commerce company says the move represents about 10 per cent of its head count-related operating expenditures, with half of the cost reduction coming from management.EconomyJan 17, 2023
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‘Incredible challenges’: Shopify president reflects on layoffs and retail’s futureShopify President Harley Finkelstein says the Ottawa-based e-commerce company has had to make 'tough decisions' including layoffs as it adjusts to the post-pandemic economy.TechDec 13, 2022
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Shopify shares surge as execs chart path back to profitability following layoffsShopify's shares surged on Thursday as its president said the e-commerce company will return to profitability following missed bets and layoffs earlier this year.TechOct 27, 2022
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‘It’s coming’: Lethbridge businesses see increasing foot trafficWhen the COVID-19 pandemic hit, Kristopher Bryan and his business partner were forced to move their Lethbridge store Silla online as restrictions kept people at home.EconomyOct 6, 2022
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Michele Romanow’s Clearco cuts 60 more employees in latest tech sector layoffsClearco, Michele Romanow's e-commerce investing company, will cut 60 more positions after laying off a quarter of its workforce earlier this summer.TechAug 30, 2022
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Shopify’s big e-commerce bet failed. What does that signal for retail’s future?Shopify says its big bet on e-commerce accelerating didn't pan out, leading to layoffs this week. What does that mean for the future of retail, post-pandemic?ConsumerJul 27, 2022
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