Forget Wish; Buy These 3 E-Commerce Stocks Instead

Brahm Buck

ContextLogic‘s (NASDAQ:WISH) Wish was one of the most disappointing IPOs of 2020. The e-commerce company went public at $24 per share last December, but it started trading at $22.75, closed at $20.05 on the first day, and remains well below its IPO price as of this writing.

Wish serves over 100 million monthly active users (MAUs) in more than 100 countries, but it’s still growing at a much slower rate than larger e-commerce companies like Amazon. Most of Wish’s merchants are located in China, and it’s been dogged by complaints regarding counterfeit goods, long shipping times, and difficult

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Netflix Online Store to Sell Stranger Things, Witcher Exclusive Merch

Brahm Buck

Netflix has been selling its subscription products direct-to-consumer since it was founded more than two decades ago.

Now the streaming giant has launched Netflix.shop — the company’s first owned-and-operated retail outlet to sell products directly. Of course, Netflix already has licensing deals for hundreds of products based on its original programming, sold by Target, Walmart, Amazon, H&M, Sephora and other retailers.

So what’s the point of Netflix having its own ecommerce presence? According Josh Simon, Netflix’s VP of consumer products, the website is “an exciting new destination combining curated products and rich storytelling in a uniquely Netflix shopping experience.”

Netflix.shop

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Business Beat: CEFCO plans new convenience store | Business Beat

Brahm Buck

CEFCO, which operates more than 200 combination convenience stores and gas stations in six states, plans to build another store in Longview. The company already operates 18 locations in Longview and the surrounding area, according to the company’s website.

The company has applied to the city of Longview for a building permit for construction of the store at 2400 H.G. Mosley Parkway, across the street from an existing Lone Star No. 3 gas station and convenience store. The application lists the store’s construction value at $3 million.

A company representative did not respond to a request for additional information.

CEFCO

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Netflix Opens an Online Shop, Taking a Page from Disney

Brahm Buck

Move over, “Netflix and chill,” and make way for “Netflix and shop.”

Taking a page from Disney, the video streamer debuted an online store for selling merchandise tied to its shows and brand on Thursday. Collectibles and streetwear from anime series “Yasuke” and “Eden” are now available, soon to be followed by apparel and decorative items from the French hit, “Lupin,” designed in collaboration with the Louvre Museum.


Netflix’s category expansion upon its intellectual property is a page from the playbooks of Disney and NBCUniversal, both of whom have long sold merchandise to squeeze revenue from the characters, stories and

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20 Ways Your Grocery Store Makes You Sick

Brahm Buck

The grocery store seems so innocent: A cabinet-filling cornucopia of sustenance for you and your family. Turns out, it contains an average soap opera’s worth of secrets. As soon as you walk in the door — wait, don’t grab that cart before you read this — you’re presented with some pretty serious threats to your health, from secretly unhealthy products to marketing gimmicks to the stuff that lurks on the freezer door handles. That’s why Eat This, Not That! Health asked top experts to reveal the ways your grocery store can make you sick — so your next shopping trip

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