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Internet Retail e-commerce

  • *Q4 comp sales drop 0.7 pct vs est. of 0.5 pct rise. March 1- Best Buy Co Inc on Wednesday reported an unexpected drop in same-store sales for the holiday quarter, the latest example of an electronics retailer struggling with waning demand and fierce competition from online stores. However, a tight lid on costs helped the company's net income increase 27 percent and...

  • BERLIN, March 1- Germany's Zalando announced the acquisition of streetwear retailer Kickz on Wednesday, bolstering its plans to shift from being a pure fashion e-commerce player to becoming a provider of logistics, technology and marketing to key brands. Zalando said the purchase of Munich- based Kickz, which runs 15 stores in Germany and websites that deliver...

  • Although its e-commerce operation is growing, Target reported its third straight quarter of lower sales from existing stores, citing "unexpected softness" and raising new questions about the health of large retailers in the United States. Target also forecast first-quarter profit short of Wall Street estimates. Shares sank 12.1 percent to $58.83, on track...

  • Although its e-commerce operation is growing, Target reported its third straight quarter of lower sales from existing stores, citing "unexpected softness" and raising new questions about the health of large retailers in the United States. Target also forecast first-quarter profit short of Wall Street estimates. Shares sank 12 percent to $58.84, on track for...

  • Feb 28- Target Corp shares plunged on Tuesday after executives issued a full-year profit forecast that fell well below analyst estimates and said the retailer would lower prices to compete with deep-discounting rivals. Although its e-commerce operation is growing quickly, Target reported its third straight quarter of lower sales from existing stores,...

  • Nadia Boujarwah, co-founder and CEO of Dia&Co., has targeted a lucrative niche in the retail marketplace.

    With 67% of US women size 14 and up, two Harvard classmates saw a $17 billion business opportunity that was too hard to ignore.

  • 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.

  • 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...