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Internet Retail e-commerce

  • A worker at an Amazon shipping center in Schertz, Texas.

    "Obviously, I should have bought it long ago," Buffett says. "I didn't understand the power of the model."

  • Feb 24- Department store operator J.C. "We believe closing stores will also allow us to adjust our business to effectively compete against the growing threat of online retailers," Chief Executive Officer Marvin Ellison said in a statement. Penney said it expected annual savings of about $200 million from the cost-cutting measures, and would take a related...

  • SAO PAULO, Feb 23- Via Varejo SA, Brazil's largest appliance retailer, posted pro forma fourth-quarter net income of 13 million reais on Thursday, boosted by a hefty tax benefit along with cost savings from the integration of online unit Cnova Brasil. Units of Via Varejo, a blend of preferred and common shares, rose 3 percent on the Sao Paulo stock exchange.

  • NEW YORK— Kohl's Corp. on Thursday reported a drop in fiscal fourth-quarter profit as sales declined, but the performance still topped Wall Street's expectations and the retailer raised its quarterly dividend. Kohl's and its competitors have been facing a tougher market with more competition from online retailers as consumers increasingly enjoy the ease...

  • Things getting better for HK retailers: Expert

    Victor Yeung, CIO of Admiral Investment, says the shift in retail offerings will lead to better results for Hong Kong retailers.

  • Sarah Friar, CFO of Square, talks about how the company's strategy and new products, like Square for Retail.

  • BERLIN, Feb 22- Swedish investment company Kinnevik said on Wednesday it is selling at least half of its 13 percent stake in German e-commerce investor Rocket Internet. Kinnevik said in a statement it planned to sell 10.9 million shares via a placing but it reserved the right to increase that amount. However, some investors have become concerned over heavy...

  • Productivity, not overtime, should be focus in Japan: Rakuten CFO

    Yoshihisa Yamada, EVP and CFO of Rakuten, talks about consumer spending and corporate culture in Japan.

  • Rakuten shares jump on 8.4% buyback

    Yoshihisa Yamada, EVP and CFO of Rakuten, talks about the e-commerce company's share buyback decision and why it closed its Southeast Asian marketplaces.

  • Amazon.com founder and CEO Jeff Bezos.

    Debating Wal-Mart vs. Amazon with Joseph Agnese, CFRA Research, and Ross Gerber, Gerber Kawasaki CEO and president.

  • CHICAGO, Feb 21- Wal-Mart Stores Inc reported higher-than-expected U.S. sales on Tuesday for the crucial holiday quarter as its low prices attracted more customers to its stores and online activity accelerated. Wal-Mart said it expected earnings per share of 90 cents to $1 for the current quarter and $4.20 to $4.40 for this fiscal year. A delay in refund checks...

  • CHICAGO, Feb 21- Wal-Mart Stores Inc on Tuesday reported higher-than-expected U.S. sales, helped by more customer visits to its stores and accelerating online activity, and shares of the world's largest retailer rose more than 3 percent. Wal-Mart said it expected earnings per share of 90 cents to $1 for the current quarter and $4.20 to $4.40 for this fiscal year.

  • The true story here is e-commerce: Odland

    Robert Drbul, Guggenheim Managing Director and Steve Odland, Committee for Economic Development CEO weigh in on retail earnings, including Wal-Mart versus Amazon.

  • CHICAGO, Feb 21- Wal-Mart Stores Inc on Tuesday reported higher-than-expected U.S. sales, helped by more customer visits to stores and accelerating online activity, and the world's largest retailer's shares rose more than 3 percent. Net income attributable to Wal-Mart fell to $3.76 billion in the fourth quarter ended Jan. 31 from $4.57 billion a year earlier,...

  • CHICAGO, Feb 21- Wal-Mart Stores Inc on Tuesday reported higher-than-expected U.S. comparable sales, driven by higher customer traffic to stores and accelerating online activity, and the world's largest retailer's shares rose more than 2 percent. Net income attributable to Wal-Mart fell to $3.76 billion in the fourth quarter ended Jan. 31 from $4.57 billion a...

  • NEW YORK— The nation's largest retailer keeps working to make headway against the largest online seller. Macy's reported another quarter of sluggish sales, even as it's been scrambling for new ways to bring shoppers in and beef up online services. And Target Corp., one of Wal-Mart's main rivals, warned last month of weak sales for the holiday season.

  • CHICAGO, Feb 21- Wal-Mart Stores Inc reported higher-than-expected global comparable sales on Tuesday, helped by a rise in online sales and higher traffic at Wal-Mart and Sam's Club stores. Net income attributable to the world's largest retailer fell to $3.76 billion, or $1.22 cents per share, in the fourth quarter ended Jan. 31 from $4.57 billion, or $1.43 per...

  • BEIJING, Feb 20- China's Alibaba Group Holding Ltd said it formed a strategic partnership with Bailian Group, the largest retailer by store numbers to join the e-commerce giant's drive to use big data to improve and profit from brick-and-mortar sales. It has also spent $4.6 billion on a minority stake in appliances retailer Suning Commerce Group Co Ltd, is...

  • Amazon might be muscling its way into delivery services but this is not necessarily a competitive issue for logistics companies such as UPS.

  • LONDON, Feb 20- Online retailer Amazon is set to create more than 5,000 jobs in Britain this year, the company said on Monday, boosting its investment in the country once more even as it prepares to leave the European Union. Amazon, along with other tech giants such as Google and Apple, has increased its commitment to Britain in the last year, saying Britain's...