Consumers' Click-and-Mortar™ Expectations Shape Shopify's Future
Shopify(SHOP) PYMNTS·2024-05-08 19:08
Digital may have changed the face of retail, but consumers continue to want to shop in stores, demanding that even the most eCommerce-centric companies such as Shopify adapt.The commerce platform shared Wednesday (May 8) in an investor presentation accompanying its first-quarter 2024 financial results that it saw gross merchandise value (GMV) from its offline segment grow 32% year over year, describing this area as a “key growth lever in 2024 and beyond.”On a call with analysts, Shopify Chief Financial Offi ...