Jan Kniffen, J. Rogers Kniffen CEO, discusses how Amazon's "Prime Day" drives sales for other retailers. Everybody's going to have a big day but Amazon is going to have an enormous day, says Kniffen.
CNBC's Courtney Reagan reports expectations are high for consumers and investors as Amazon embarks on its second annual "Prime Day."
*4 months to June 30 retail sales up 30 pct. LONDON, July 12- British online fashion retailer ASOS expects to benefit from the sharp depreciation of sterling versus the U.S. dollar in the wake of the UK's decision to leave the European Union, its boss said on Tuesday. With over half of ASOS' sales generated from outside of the UK the firm is also insulated from any...
LONDON, July 12- British online fashion retailer ASOS on Tuesday forecast a full-year sales performance at the upper end of guidance after reporting a better-than-expected sales growth. UK sales rose 28 percent, while international sales increased 31 percent with sales growth acceleration across the U.S., European Union and Rest of World segments.
Amazon Prime Day on Tuesday is likely to be the company's biggest day ever, and investors pushed the stock to a record in anticipation.
The world's largest retailer competes with Amazon's sales event by dropping its minimum spending requirement for all online orders.
The "Fast Money" traders debate the trade on Amazon ahead of its Prime Day shopping event.
The "FMHR" traders debate the trade on Amazon ahead of it's annual Prime Day shopping event.
LONDON, July 7- Britain looks set for an economic slowdown and possibly a recession after voters decided to leave the European Union in a referendum on June 23. Below is a summary of some signals of the Brexit effect on Britain's economy. The online retailer said it has not seen a sales dip in Britain since the referendum and its plans for the UK had not changed.
Jacanda Capital's Philip Alexander says Australia's Kogan IPO came at a terrible timing given global uncertainties and investors fleeing to safe havens.
The online retailer plans to open a physical bookstore at New York City's Hudson Yards, according to a report.
The Brexit uncertainty might be weighing on IPO activity but deals have not completely halted, says Dealogic's Romaine Jackson.
Jan Kniffen, J. Rogers Kniffen Worldwide, discusses Wal-Mart's recovery and weighs in on the retail struggle to keep up with online competition.
PARIS, July 1- Chinese online retailer JD.com said on Friday that Britain leaving the European Union could make British goods cheaper to buy but it was premature to say if the move would significantly impact the group's business. It is however too early to say if there will be a significant impact on business, " Tony Qiu, head of JD Worldwide, told a news conference in...
Shares of Alibaba climbed roughly 2.5 percent after Morgan Stanley raised its price target and revenue guidance for the Chinese e-commerce giant.
Britain's information technology sector spending is expected to take a hit following its surprise vote to exit the European Union.
Dick's Sporting Goods, Qualcomm and Amazon are making headlines this morning before the opening bell.
NEW YORK, June 23- With Amazon and other e-commerce sites continuing to take market share from malls and other physical retailers, U.S. mutual fund managers are upping their bets on an overlooked part of the online shopping boom: warehouses. Real estate investment trusts that own the distribution centers required to fill all those Amazon Prime boxes are a...
June 23- Macy's Inc said Terry Lundgren will step down as chief executive next year and be succeeded by former chief merchandising officer Jeff Gennette, as the department store operator looks to revive sales amid stiff competition from online retailers. Macy's sales nearly doubled during Lundgren's tenure and he helped establish Macy's and...
Jack Ma, founder and chairman of Alibaba Group, says his company is committed to fighting global counterfeiting.