Target teams with Shopify to expand its marketplace

Quick Summary:

A curated selection of Shopify merchants will join the mass merchant’s digital marketplace, with some available in stores in coming months.

In the company’s Q1 earnings report, the mass-market retailer reported that its sales dipped 3.2% year over year to $24.1 billion.

Marketplaces have been a popular tactic in recent years with other major retailers, including Macy’s, Nordstrom and Michaels, launching their own as a way to expand their assortment.

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Article Details

Author / Journalist: Tatiana Walk-Morris

Category: Business

Markets: United States

Topics: Curated Shopify Brands Year Sales Available Selection Products Target Marketplace Shoppers

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-25 @ 10:36:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 385 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 21387941

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About Retail Dive

Main Topics: Business

Official Website: retaildive.com

Year Established: 2012

Headquarters: United States

News Last Updated: 3 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #97

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