ChannelAdvisor Enables Brands and Retailers to Increase Global Marketplace Reach, Personalize Path to Purchase with New Platform Enhancements
Jul 9 19
ChannelAdvisor has further improved its offering to position brands to reach consumers at every touchpoint along the shopping journey while collaborating with retailer partners. By adding new marketplace connections and expanding fulfillment capabilities, ChannelAdvisor opens up new selling channels for both brands and retailers and provides additional tools to meet customer shipping expectations. Focused on positioning brands and retailers to market, sell, and fulfill to their consumers, the latest updates to the ChannelAdvisor platform include: Marketing Solutions that Encourage Brand and Retailer Collaboration- Amazon Advertising: Sponsored Brands Support " Manufacturers participating in the Amazon Brand Registry can promote brand awareness and sales growth on Amazon through ChannelAdvisor's support of Sponsored Brands, a powerful complement to the popular Sponsored Products program within Amazon Advertising. ChannelAdvisor's solution allows brands to create and manage all Amazon ad campaigns within a single, centralized platform to help consumers discover their products and drive sales. Where To Buy - Buy Local Enhancements " ChannelAdvisor's Where to Buy - Buy Local solution allows brands to seamlessly connect highly-qualified consumers with offline retail partners, creating a frictionless, shopping experience and strengthening retail relationships. The new Where to Buy on-demand functionality allows brands to track and provide product availability and stock status data to consumers at the local store level. The solution also enables brands to display local promotional text within the Where to Buy - Buy Local experience at the product, category, city, and/or store level. New click and collect support, available in France, gives brands the ability to provide consumers with more retail purchase options directly from the brand's website. New Selling Channels - Drop Ship Network Expansion " Through ChannelAdvisor's platform, brands can manage their drop ship retail networks "in addition to third-party marketplace activity "via an automated, streamlined interface, saving time on purchase order and invoice management while reducing inventory errors. With this release, ChannelAdvisor now supports drop ship connections in Europe, adding to a robust network of U.S. retailers. New Marketplace Connections " ChannelAdvisor is expanding its global channel offerings to include Amazon UAE, Amazon Turkey, Amazon Brazil, Google Shopping France, Allegro (Poland), Urban Outfitters (U.S.), Free People (U.S), and Anthropologie (U.S.). As a leading marketplace platform, ChannelAdvisor's robust and comprehensive integrations allow online brands and retailers to create global demand for their products while reaching new consumers worldwide. New Capabilities to Increase Fulfillment Efficiency - Support for Zalando Fulfillment Solutions (ZFS) " ZFS allows brands to leverage Zalando's logistics infrastructure to scale fulfillment and provide high delivery standards for their customers. ChannelAdvisor customers can now leverage ZFS through the ChannelAdvisor platform, providing a comprehensive set of tools for success on Zalando. Advanced Batch Shipping Management " Advanced Batch Management allows sellers to increase their warehouse throughput by processing high-volume orders with shipping labels in bulk. With this addition to the Shipping Management Suite, sellers can send batches of orders to multiple fulfillment facilities and personnel simultaneously, automatically select the best shipping rate, and print the appropriate packing slips for each order.
ChannelAdvisor Corporation Presents at DA Davidson Consumer Growth Conference, May-30-2019
May 15 19
ChannelAdvisor Corporation Presents at DA Davidson Consumer Growth Conference, May-30-2019 . Venue: The Palmer House Hilton, 17 East Monroe Street, Chicago, Illinois, United States. Speakers: Traci Mangini, Director of Investor Relations.
ChannelAdvisor Corporation Announces Management Changes
May 9 19
ChannelAdvisor Corporation announced that on May 7, 2019, Mark E. Cook resigned as Chief Financial Officer and principal financial officer of the company effective as of May 9, 2019. On May 7, 2019, the company's Board of Directors appointed Richard F. Cornetta, the company's Chief Accounting Officer and principal accounting officer, as the company's Chief Financial Officer, effective concurrently with the effectiveness of Mr. Cook’s resignation on May 9, 2019. Mr. Cornetta will also serve as the company's principal financial officer. Mr. Cornetta has served as Vice President, Finance and Chief Accounting Officer of the company since November 2015, and as its Controller from September 2013 to November 2015. Prior to joining the Registrant, Mr. Cornetta was employed by Dex Media Inc., most recently serving as Director of Financial Reporting and Accounting from 2010 to September 2013.
Channeladvisor Corporation Provides Earnings Guidance for the Second Quarter and Full Year of 2019
May 9 19
ChannelAdvisor Corporation provided earnings guidance for the second quarter and full year of 2019. For the second quarter, the company expects revenue in the range of $31.5 million to $32.0 million. The company expects net loss in the range of $3.1 million to $1.9 million.
For the year, the company expects revenue in the range of $131.0 million to $134.0 million. The company expects net loss in the range of $4.0 million to $0.5 million.
Channeladvisor Corporation Reports Earnings Results for the First Quarter Ended March 31, 2019
May 9 19
ChannelAdvisor Corporation announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was USD 31.574 million compared to USD 31.445 million a year ago. Operating income was USD 2.300 million compared to USD 3.151 million a year ago. Net loss was USD 2.329 million compared to USD 3.157 million a year ago. Basic loss per share was USD 0.08 compared to USD 0.12 a year ago.