Latest news with #ShopPay
Techday NZ
21-05-2025
- Business
- Techday NZ
Manhattan launches Shopify app to tackle £38B reported losses
Manhattan Associates has announced the release of a connector app for Manhattan Active Order Management on the Shopify App Store, providing retailers with access to real-time inventory and fulfilment capabilities. The newly launched connector app offers retailers immediate connectivity around network inventory visibility, live tracking of order fulfilment status, and payment processing integration. It also supports order integration for Shop Pay, broadening payment options for retailers and their customers. Several enterprise-level retailers are currently using the connector app to enhance their omnichannel commerce and fulfilment operations. According to Manhattan Associates, these retailers are leveraging seamless connectivity across Shopify and Manhattan's solutions to provide what the company terms as a unified shopping and fulfilment experience for customers. With Manhattan's Order Management and Store Inventory and Fulfilment now integrated into Shopify as part of Manhattan Active Omni, the company aims to address the complexities faced by large retailers. Manhattan Active Omni is designed to improve customer service, boost loyalty, and deliver real-time inventory visibility. The solution also supports a variety of fulfilment methods, including in-store pickup, kerbside pickup, same-day delivery, and more. Industry estimates have highlighted the scale of lost revenue due to mismatched retail systems, with an estimated GBP £38 billion lost to abandoned checkouts in 2024. The company states that its connector app provides retailers with improved transparency and decision-making, thereby supporting both customer satisfaction and business profitability. "Mastering same-day, BOPIS, and ship-from-store, while ensuring inventory visibility and a seamless customer experience, is the new imperative. Manhattan's order management powers brands with real-time inventory, seamless fulfilment, and full transparency - driving innovation, growth, and loyalty through exceptional omnichannel experiences," Rukmani Subramanian, Vice President of Partnerships at Shopify, commented on the collaboration. "We're proud to partner with Shopify to deliver a market leading end-to-end commerce solution. Shopify and Manhattan share a vision of speed and ease of checkout and rapid and transparent order fulfilment. Both the Shopify and Manhattan platforms put a premium on customer experience, be that online, in the contact centre, or when receiving the ordered items," Brian Kinsella, Senior Vice President of Product Management for Manhattan, said, highlighting the joint vision behind the partnership. The connector app's role in providing real-time inventory data is positioned as a response to a retail environment where customers expect accurate, up-to-date information on product availability and delivery timelines. By unifying front-end shopping experiences with back-end inventory and fulfilment networks, the app seeks to reduce customer uncertainty and frustration often linked to order processing and delivery. Retailers adopting the connector are expected to be able to make more informed fulfilment decisions, balancing customer requirements with operational efficiency and cost control. Direct connectivity between Shopify-powered sales channels and Manhattan's order management tools enables quicker response times and the ability to offer multiple fulfilment and delivery options to end customers. The integration supports both the sales process and the subsequent fulfilment lifecycle, allowing brands to combine digital and physical retail operations. With functionalities supporting buy online, pick up in store (BOPIS), kerbside collection, and direct home delivery, the app aims to address evolving trends in customer purchasing behaviour and delivery expectations.
Techday NZ
21-05-2025
- Business
- Techday NZ
Manhattan launches Shopify app to tackle £38 billion losses
Manhattan Associates has announced the release of a connector app for Manhattan Active Order Management on the Shopify App Store, providing retailers with access to real-time inventory and fulfilment capabilities. The newly launched connector app offers retailers immediate connectivity around network inventory visibility, live tracking of order fulfilment status, and payment processing integration. It also supports order integration for Shop Pay, broadening payment options for retailers and their customers. Several enterprise-level retailers are currently using the connector app to enhance their omnichannel commerce and fulfilment operations. According to Manhattan Associates, these retailers are leveraging seamless connectivity across Shopify and Manhattan's solutions to provide what the company terms as a unified shopping and fulfilment experience for customers. With Manhattan's Order Management and Store Inventory and Fulfilment now integrated into Shopify as part of Manhattan Active Omni, the company aims to address the complexities faced by large retailers. Manhattan Active Omni is designed to improve customer service, boost loyalty, and deliver real-time inventory visibility. The solution also supports a variety of fulfilment methods, including in-store pickup, kerbside pickup, same-day delivery, and more. Industry estimates have highlighted the scale of lost revenue due to mismatched retail systems, with an estimated GBP £38 billion lost to abandoned checkouts in 2024. The company states that its connector app provides retailers with improved transparency and decision-making, thereby supporting both customer satisfaction and business profitability. "Mastering same-day, BOPIS, and ship-from-store, while ensuring inventory visibility and a seamless customer experience, is the new imperative. Manhattan's order management powers brands with real-time inventory, seamless fulfilment, and full transparency - driving innovation, growth, and loyalty through exceptional omnichannel experiences," Rukmani Subramanian, Vice President of Partnerships at Shopify, commented on the collaboration. "We're proud to partner with Shopify to deliver a market leading end-to-end commerce solution. Shopify and Manhattan share a vision of speed and ease of checkout and rapid and transparent order fulfilment. Both the Shopify and Manhattan platforms put a premium on customer experience, be that online, in the contact centre, or when receiving the ordered items," Brian Kinsella, Senior Vice President of Product Management for Manhattan, said, highlighting the joint vision behind the partnership. The connector app's role in providing real-time inventory data is positioned as a response to a retail environment where customers expect accurate, up-to-date information on product availability and delivery timelines. By unifying front-end shopping experiences with back-end inventory and fulfilment networks, the app seeks to reduce customer uncertainty and frustration often linked to order processing and delivery. Retailers adopting the connector are expected to be able to make more informed fulfilment decisions, balancing customer requirements with operational efficiency and cost control. Direct connectivity between Shopify-powered sales channels and Manhattan's order management tools enables quicker response times and the ability to offer multiple fulfilment and delivery options to end customers. The integration supports both the sales process and the subsequent fulfilment lifecycle, allowing brands to combine digital and physical retail operations. With functionalities supporting buy online, pick up in store (BOPIS), kerbside collection, and direct home delivery, the app aims to address evolving trends in customer purchasing behaviour and delivery expectations.
Business Wire
21-05-2025
- Business
- Business Wire
Manhattan and Shopify Deliver Seamless Omnichannel Shopping Experiences with Latest Order Management Collaboration
LONDON--(BUSINESS WIRE)-- Manhattan Associates Inc. (NASDAQ: MANH), a global leader in supply chain commerce solutions, today announced at its annual customer and partner gathering Momentum that a connector app to Manhattan Active ® Order Management is now available in the Shopify App Store. "Manhattan's order management powers brands with real-time inventory, seamless fulfilment, and full transparency - driving innovation, growth, and loyalty through exceptional omnichannel experiences." The connector app provides out of the box connectivity around real-time network inventory, order fulfilment status visibility, and payment processing. Further, the app provides order integration support for Shop Pay as a payment method. Manhattan also announced that several enterprise class retailers are now live using the connector app to facilitate a best-in-class shopping and fulfilment experience. These customers are benefitting from the full order lifecycle connectivity across Shopify and Manhattan. Now integrated with Shopify, Manhattan's Order Management and Store Inventory and Fulfilment solution is available as part of Manhattan Active Omni™, designed to handle the complexities of enterprise business. Manhattan Active Omni helps enterprises provide world class customer service to improve loyalty, real-time enterprise inventory visibility to drive sales, and best in class store fulfilment capabilities to enable pickup in store, kerbside pickup, same day delivery, and other vital delivery methods. 'Mastering same-day, BOPIS, and ship-from-store, while ensuring inventory visibility and a seamless customer experience, is the new imperative,' said Rukmani Subramanian, VP of Partnerships, Shopify. "Manhattan's order management powers brands with real-time inventory, seamless fulfilment, and full transparency - driving innovation, growth, and loyalty through exceptional omnichannel experiences." Brian Kinsella, senior vice president of Product Management for Manhattan added: 'We're proud to partner with Shopify to deliver a market leading end-to-end commerce solution. Shopify and Manhattan share a vision of speed and ease of checkout and rapid and transparent order fulfilment. Both the Shopify and Manhattan platforms put a premium on customer experience, be that online, in the contact centre, or when receiving the ordered items.' LinkedIn. -ENDS- About Manhattan Associates Manhattan Associates is a global technology leader in supply chain and omnichannel commerce. We unite information across the enterprise, converging front-end sales with back-end supply chain execution. Our software, platform technology and unmatched experience help drive both top-line growth and bottom-line profitability for our customers. Manhattan Associates designs, builds, and delivers leading edge cloud and on-premises solutions so that across the store, through your network or from your fulfilment centre, you are ready to reap the rewards of the omnichannel marketplace. For more information, please visit
Yahoo
16-05-2025
- Business
- Yahoo
Shopify: As Trade Tensions Ease, Is the Stock a Buy?
Shopify shares rallied after the U.S. and China paused most of their tit-for-tat tariffs. The e-commerce company continues to see solid top-line growth as it expands Shop Pay and adds new customers. The stock is not cheap. 10 stocks we like better than Shopify › Though its stock price dipped following the release of its first-quarter results on May 8, Shopify (NASDAQ: SHOP) shares have rallied sharply since news has come out that points to an easing of the intense trade tensions between the U.S. and China (at least for the short term). The stock is now up modestly on the year and has risen more than 80% over the past year, as of this writing. While the e-commerce company is not directly impacted by President Donald Trump's tariffs, its core customers -- most of them small and medium-sized merchants -- are. If higher costs across the board for American consumers lead them to tighten their belts, or if tariffs cause some smaller retail merchants to close up shop, that would certainly impact Shopify's business. As such, it should have come as little surprise that the company issued somewhat cautious guidance when it reported its Q1 earnings results. By contrast, the positive news on the trade front that has come out more recently bodes better for Shopify. With all that in mind, is this a good time to buy the stock? In the first quarter, Shopify's revenue jumped by 27% year over year to $2.36 billion. Its high-margin subscription revenue rose 21% to $620 million, while its merchant solution revenue soared by 29% to $1.74 billion. Gross profit dollars rose 22% to $1.17 billion. Given the gross margin difference between its subscriptions and merchant solutions, this metric is more reflective of the company's growth. Adjusted earnings per share (EPS), meanwhile, climbed 29% to $0.44, coming in just ahead of the $0.43 consensus. Its gross merchandise volume (GMV), which is the total dollar value of the sales transacted through its platform, rose by 23% to $74.8 billion. It was the seventh straight quarter of GMV growth of 20% or more. Metric Q1 2025 Growth (YOY) Gross merchandise volume (GMV) $74.8 billion 23% Revenue $2.36 billion 27% Subscription revenue $666 million 21% Merchant Solutions revenue $1.74 billion 29% Gross Profit $1.17 billion 22% Adjusted EPS $0.44 29% Data Source: Shopify. YOY = Year over year. Business-to-business GMV was once again strong, soaring by 109% year over year. International GMV growth was 31%, with cross-border growth of 15%. Offline GMV, meanwhile, rose 23%. Shop Pay, the company's online checkout and payment processing solution, continued to be a growth driver, with GMV up 57%. It expanded the solution to 16 new countries in the quarter, bringing the total to 39 countries. Meanwhile, Shop App, which aggregates products and brands from Shopify-powered stores, saw its GMV soar 94%. Shopify also continues to do well in its efforts to move upmarket and bring enterprise-level customers to its platform. During the quarter, it added Purple, Lilly Pulitzer, and Birkenstock to its customer list, and this week it expanded with a few new Tapestry brands, adding online shops for Coach, Kate Spade, and Kate Spade Outlet. Looking ahead, management forecasts that its second-quarter revenue would rise at a mid-20s percentage rate, with gross profits growing at a high-teens percentage rate. The revenue guidance was above the analysts' consensus estimate of 22% growth, but the gross profit outlook was below the 20% growth that analysts had, on average, projected. As noted above, I think gross profit is the more important number to watch with this company. Management said it can quickly respond to tariffs through new features, such as a duty-inclusive tool that allows merchants to set international prices that include duties in the product price. It has also introduced an artificial intelligence (AI) tariff solution that can provide duty rates based on just a product description and its country of origin. Shopify continues to put up strong growth. It's adding new customers, which is reflected in its subscription revenue growth. It's also doing a great job of increasing Shop Pay adoption, which allows it to grow with customers. Expanding Shop Pay into more countries will only help power the business's growth. It's also helping its customers drive growth through things like the Shop App. The company has also done a nice job of moving beyond small online merchants. It's seeing strong growth in business-to-business, offline, and with large enterprise customers. I would recommend gauging the stock based on the company's gross profit multiple. Based on management's guidance for gross profit growth in the low 20s percentages, we can expect approximately $5.45 billion in gross profits this year. If that proves accurate, Shopify is trading now at about 25.5 times 2025 gross profits. I think that's a bit high given its growth rate. For context, Toast, which employs a somewhat similar model in the restaurant space and is growing at a faster pace, trades at a gross profit multiple of 14. As such, I would not chase Shopify's stock after its recent rally. Before you buy stock in Shopify, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Shopify wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $613,951!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $796,353!* Now, it's worth noting Stock Advisor's total average return is 948% — a market-crushing outperformance compared to 170% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 12, 2025 Geoffrey Seiler has positions in Toast. The Motley Fool has positions in and recommends Shopify and Toast. The Motley Fool recommends Tapestry. The Motley Fool has a disclosure policy. Shopify: As Trade Tensions Ease, Is the Stock a Buy? was originally published by The Motley Fool
Yahoo
18-03-2025
- Business
- Yahoo
Shopify Stock: A Millionaire-Maker in the Making?
Shopify (NYSE: SHOP) may have minted some millionaires by now. It's been a public company for nearly 10 years, and if you'd invested $10,000 on its first day of trading, you'd have more than $350,000 today. But even though Shopify isn't a new company, in many ways, it's just starting to take off. E-commerce is growing as a percentage of retail sales, and a lot of it is happening on Shopify's platform. Can Shopify still be a millionaire-maker stock today? Shopify is an e-commerce juggernaut, but it doesn't actually sell anything online; rather, it provides the infrastructure for its merchant clients to be able to reach customers through digital means, and increasingly, it powers a full omnichannel setup. As an e-commerce platform, it has some of the largest gross merchandise volume (GMV) in the world. It's the largest platform in the U.S., with 30% of the market, and it's No. 4 globally, where it's making a push to capture greater market share. Since it's not actually a retailer, you won't see it on the list of largest e-commerce retailers. But when you see that Amazon has about 40% of the U.S. e-commerce market and Walmart is No. 2 with about 6%, that's slightly misleading, because it excludes platforms. Amazon sold $123 billion worth of goods through its online stores and third-party sellers in the fourth quarter, and Shopify processed more than $94 billion in GMV in the same period. It was one of the earliest e-commerce website providers, and it was well positioned to take off as e-commerce has accelerated. Over the past 10 years, it's had time to perfect it products, and it now offers a wealth of tools and solutions for all kinds of e-commerce providers. It's also expanded to target physical stores, and companies that are looking for an integrated, interconnected experience are finding easy-to-use services on Shopify's platform. Plus, it's attractive to many large companies that might only need specific tools as opposed to a full-service web site, and it counts many well-known brands like Reebok and Crate & Barrel as clients. Shopify continues to demonstrate robust growth. After some lumpiness over the past few years, it looks like it's now reliably profitable. Revenue increased 31% year over year in Q4, and operating income increased 62%, bringing up the operating margin. The company is experiencing a confluence of growth drivers right now that make the future look very bright. E-commerce is growing as a percentage of retail sales, and it's expected to reach 21.4% in 2029, up from 17.3% last year, according to Statista. As the premier U.S. platform, Shopify should benefit from that organic growth. Trends are also becoming more firmly established in omnichannel strategies. More retailers, both online and offline, are realizing the necessity of having a presence in both spaces, and Shopify provides the full gamut of services in both areas. It's also expanding its financial solutions, and its Shop Pay digital payments service is gaining fans and offering real competition to existing providers. Finally, it has a huge opportunity in international growth where growth rates are even higher. Even if you'd invested $10,000 in Shopify stock on the first day of trading, you wouldn't be a millionaire today. So while it depends on how much you put into the stock and how long you wait, it's unlikely that Shopify is going to be that ticket to millionaire status on its own if you buy it today. However, it offers incredible potential as a growth stock in a diversified portfolio. If you're planning to buy today and hold for the long term, Shopify could be a valuable part of your investing strategy. Before you buy stock in Shopify, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Shopify wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $745,726!* Now, it's worth noting Stock Advisor's total average return is 830% — a market-crushing outperformance compared to 164% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of March 14, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Jennifer Saibil has positions in Walmart. The Motley Fool has positions in and recommends Amazon, Shopify, and Walmart. The Motley Fool has a disclosure policy. Shopify Stock: A Millionaire-Maker in the Making? was originally published by The Motley Fool Sign in to access your portfolio
