Roots Corp T.ROOT

Alternate Symbol(s): RROTF

Consumer Cyclical

Roots Corporation is a global lifestyle brand company. The Company designs, markets, and sells a range of selection of products in different departments, including women's men's, children's, and gender-free apparel, leather goods, footwear, and accessories. It operates through two segments: Direct-to-Consumer and Partners and Other. The Direct-to-Consumer segment comprises of sales through corporate retail stores and the Company's e-commerce Website www.roots.com. The Partners and Other segment consist primarily of the wholesale of Roots-branded products to its international operating partner. The Partners and Other segment also include the Company's sales from its Roots-branded storefront on business-to-consumer marketplace Website Tmall.com in China, the wholesale of Roots-branded products to select retail partners, and the sale of custom Roots-branded products to select business clients. It operates over 100 corporate retail stores in Canada and two stores in the United States.

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Roots Corp > Roots Reports Fiscal 2019 Fourth Quarter and Year-End Result

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Comment by TheeRookon May 20, 2020 5:49pm

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Post# 31053507

RE:RE:RE:RE:RE:RE:RE:RE:Roots Reports Fiscal 2019 Fourth Quarter and Year-End Result

Anyone know what ecommerce platform Roots uses.?
If not hint hint for management.

Shopify seems to be the goto platform for many stores.
Shopify now does order , pay and ship and now has a joint venture with Facebook.

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Coming soon, Shopify's new Shop Channel will let merchants control how their brand appears on Shop.

Merchants will be able to customize their profile, and how and where they appear on the app.

Shop Channel will first be available to merchants in Canada and the U.S.

On May 19, Facebook introduced Facebook Shops, which allows merchants to build branded versions of their online store within Instagram and Facebook.

Shopify is partnering with Facebook to help businesses create branded storefronts to help merchants deliver unique shopping experiences, and enable consumers to browse and purchase without ever leaving the apps.

To hear all product announcements and to listen to the entire Reunite broadcast, visit shopify.com/reunite.

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Shopify has begun rolling out a new Local Delivery product for merchants globally to offer an improved and simplified local delivery experience. Merchants can:

Define a local delivery area using distance radius or zip/postal codes

Set local delivery fees and minimum order price

Fulfill local orders through Shopify, Shopify POS, and Shopify Mobile

Use the new Shopify Local Delivery app to create optimized delivery routes, and send customer notifications when deliveries are on the way

Expanding Shopify Fulfillment Network

Shopify Fulfillment Network, which launched in 2019, has graduated from its early access stage, and is actively accepting merchant applications.

Shopify Fulfillment Network continues to take away the complexities of fulfillment by investing in technology and a collaborative robotics workforce, allowing merchants to join, scale and evolve their fulfillment strategies through its growing partner network.

Shopify opened its first research and development hub in Ottawa to trial new robotics and fulfillment technologies, iterate and improve on warehouse operations, and fulfill Canadian-based orders.

Tor2018 wrote:
Hi1condor, Yes! I own Roots & was able to average down by adding more with recent ultra low price.. I believe ROOTS will bounce back in the long run by current new management!

1condor wrote: Tor2018...Do you own ROOTS (I don't, but its tempting) You would think they could at least get 4.50 for the company. But then again that is just speculation..as who knows what retail will look like 6 or so months from now. On another note..was looking at the daily trading pattern on ROOT...could have made a quick 20 percent today if you could have picked up those shares around 10 am at 80 cents. That is a better day trade than you can get on some of the high flyer oil and gas plays.