Shopify COO on how e-commerce is changing retail trends during the pandemic

Consumers are shifting their spending from in-store to online making an e-commerce presence critical for businesses to stay afloat. Many businesses are relying on platforms like cloud-based Shopify, which has jumped 73% since the WHO declared a pandemic in mid-March. Shopify powers sites for 1 million brands, including Allbirds, Staples and PepsiCo. Harley Finkelstein, Shopify chief operating officer, joins "Squawk Box" to discuss.