![]() ![]() "At Saks, we are committed to delivering the best of luxury both on and in Saks Fifth Avenue stores. Further, NuORDER by Lightspeed increases assortment visibility and empowers merchant teams to curate buys dynamically. This collaboration enables Saks to digitize its buying and merchandising processes, make data-driven decisions and accelerate its go-to-market strategy, improving customer experience. ![]() The platform has streamlined previously manual processes, slashing time spent on order creation by 50% and reducing time spent on purchase orders and item creation by a remarkable 90%.īy adopting NuORDER by Lightspeed, Saks has modernized how it connects with brands and buyers. (NYSE: LSPD) (TSX: LSPD), the one-stop commerce platform for merchants around the world to simplify, scale and create exceptional customer experiences, is pleased to announce that it has renewed its partnership with Saks, the premier digital platform for luxury fashion, for another four years. MONTREAL, (GLOBE NEWSWIRE) - Lightspeed Commerce Inc. 22, 2020.UPDATE - Saks Innovates Merchandising Processes with NuORDER by Lightspeed's Cutting-Edge Digital Buying Solutions This report by The Canadian Press was first published Dec. was down 5.4 per cent.Įnergy was off by 1.7 per cent, led by Enerplus Corp., down 5.3 per cent, and Vermilion Energy Inc., down 4.5 per cent. The materials sector fell 2.1 per cent as First Majestic Silver Corp. The February gold contract was down US$12.50 at US$1,870.30 an ounce and the March copper contract was down six cents at US$3.52 a pound. The February crude oil contract was down 95 cents at US$47.02 per barrel and the January natural gas contract was up eight cents at US$2.78 per mmBTU. "On the positive side, information technology is red hot and other more growth (oriented) sectors including consumer discretionary, utilities, industrials are all up, so the TSX is actually doing quite well today on a relative basis versus the broad-based U.S. jumped 7.27 per cent to $1,649.23 and Constellation Software rose 4.63 per cent to $1,773.76. riding a positive stock rating upgrade to close at $86.65, an $8.93 or 11.5 per cent increase. In Toronto, software companies propelled the information technology sector to a 4.22 per cent rise, with Lightspeed POS Inc. rose 4.7 per cent to $85.67 on speculation it could be a potential assembly partner to Apple, said Jerusalim. on its second day of trading on the S&P 500, but helped bump up the shares of a Canadian company. The S&P 500 index was down 7.66 points at 3,687.26, while the Nasdaq composite was up 65.40 points at 12,807.92.Ī report that Apple is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology prompted more losses for electric vehicle maker Tesla Inc. In New York, the Dow Jones industrial average was down 200.94 points at 30,015.51. Stocks drifted in mixed trading on Wall Street after Congress finally approved a US$900-billion rescue package to carry the economy through the winter.Īfter months of bickering, Congress approved a deal on Monday night to send US$600 cash payments to most Americans, give US$300 per week to laid-off workers and deliver other aid to businesses struggling under the weight of the pandemic. The Canadian dollar traded for 77.47 cents US compared with 77.83 cents US on Monday. dollar is really that flight to safety, the unbridled fears of different strains of the virus and the tighter lockdown in the U.K." The last couple of days' reversal on the U.S. dollar had been weakening, the Canadian dollar had been strengthening. That's going to be negatively impacting all sorts of materials, which does impact the TSX," said Jerusalim. ![]() dollar reversed its trend and it's up today. "(What's) probably affecting Canada the most is the U.S. The S&P/TSX composite index closed up 51.57 points at 17,552.46 after falling 33.74 points on Monday. Investors appeared to take some comfort from suggestions that while the new strain may be more readily transmitted, it may not be more deadly and vaccines may still be effective, he said. North American markets returned to a more typical low-volume Christmas week activity level after Monday's "overblown" reaction to news of a new strain of the coronavirus in the United Kingdom, said Craig Jerusalim, senior portfolio manager at CIBC Asset Management. ![]() markets were mixed and the Canadian dollar lost ground against the American greenback on Tuesday. TORONTO - Gains in the technology sector helped lift Canada's main stock index to a positive close as U.S. ![]()
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