On Shopify subscriptions, the Snapchat summit, & bagel tax
What's in this episode?
In this episode, we go into Shopify’s decision to sunset external checkouts for subscriptions and what that means for existing Recharge merchants. We'll also explore Snapchat's recent partner summit and the exciting new initiatives they announced, as well as highlight some other notable brand developments from the past week, like the popular bridal store David’s Bridal “tying the knot” with bankruptcy.
Story 1: Shopify to sunset external checkouts for subscriptions (learn more)
If you’re ready to convert now or at any point prior to your conversion cohort, please submit this form in order to proactively enter the conversion queue.
Story 2: Snapchat hosted it’s partner summit and rolled out all sorts of new initiatives including:
AI chat bot for all Global Users
AR tools for businesses, including AR mirrors and 3d try on
Snap CEO Evan Spiegel on TikTok ban: ‘We’d love that’
Story 3: A bunch of brand highlights
Walmart sells Bonobos unit for $235 million
David’s Bridal files for bankruptcy, may close all stores
Barbie adds Gap to portfolio of design collabs— looking at Hot Wheels next
Care/Of launches at sams
Counter, a frozen food startup, has raised $1.2 million in seed funding ahead of its launch in Sam’s Club
Frozen food brand 8 Myles has raised $1.05 million in seed funding to expand its operations and hire its first full-time employee.
Youthforia has closed a seed round of funding from True Beauty Ventures and Willow Growth Partners.
Universal Standard has acquired Henning, a plus-size luxury womenswear brand.
Philadelphia Cream Cheese is teaming up with H&H Bagels in New York to offer "tax-free bagels" for a limited time in response to the city's "bagel tax."