Internet Retail e-commerce


  • BERLIN, March 21- Workers at an warehouse in Germany are starting a new round of strikes in an attempt to pressure the U.S. online retailer to increase pay. The walkout by workers at the warehouse in Koblenz, western Germany, began on Monday night and is due to run until the end of the night shift on Wednesday, March 23, union Verdi said in a statement.

  • SHANGHAI, March 18- China will make fighting online piracy and the sale of fake goods to emerging markets a key priority this year, the state-run Xinhua news agency reported Chinese vice-premier Wang Yang as saying. Products sold to emerging markets in Africa and Latin America will be closely scrutinized to protect the image of "Made in China" goods, he said, while...

  • Cash 'our biggest enemy' : Mastercard

    85 percent of retail payments in this region are made in cash, explained Ling Hai, co-president of APAC at MasterCard.

  • SHANGHAI, March 15- China's annual consumer rights day TV show took aim at online food delivery apps, faked online sales and dodgy false teeth when it aired late on Tuesday, but the much-hyped programme unusually failed to snag any major international firms. The show, similar to the CBS network's "60 Minutes" in the United States, has previously aimed barbs at...

  • HONG KONG, March 15- Alibaba plans to train a million teenagers in rural China to help start their own online businesses, taking e-commerce to the country's vast rural areas, the official Xinhua news agency reported on Tuesday. China's biggest e-commerce company reached an agreement with the China Communist Youth League to support the youngsters through...

  • Boxing out warehouse deals

    Chieh Huang, Boxed CEO and co-founder, shares his plan to use mobile commerce to help consumers score warehouse deals without having to navigate a maze of aisles or transport large-scale goods. And Alan Patricof, Greycroft founder, provides insight.

  • Is Lyst the future of online fashion?

    Chris Morton, founder & CEO of Lyst, says retailers see his platform as a marketing channel.

  • LONDON, March 15- British online grocer Ocado reported higher sales growth in its first quarter but gave no update on its plan to finalise a deal with key supermarket customer Morrisons on Tuesday. Ocado, whose range also includes products supplied by upmarket grocer Waitrose, posted a 13.8 percent rise in gross retail sales in the 12 weeks to Feb. 21 compared to...

  • Sensorwake olfactory alarm clock.

    To commemorate Daylight Saving Time, the "Fast Money" traders look at the stocks positioned to 'spring ahead' from here.

  • UPS CFO: We support free trade agreements

    Richard Peretz, CFO of UPS, discusses the international considerations of doing business in the light of the current political rhetoric on trade, as well as the company's push to continue to be the preferred shipper for e-commerce.

  • The online retail giant works to fulfill one and two-day deliveries in the US.

  • March 10- Inc's primary e-commerce website was down for a brief period for some users on Thursday afternoon.

  • site experiencing issues

    Intermittent issues including service outages are affecting Amazon's websites and mobile apps, reports CNBC's Dominic Chu.

  • March 9- Inc will lease 20 Boeing 767 freighter aircraft, lessor Air Transport Services Group Inc said on Wednesday, as the online retailer moves closer to setting up its own air delivery network. As part of the agreement, Amazon also has the right to buy up to 19.9 percent of ATSG's stock over five years at $9.73 per share. The price is at a 17.3 percent...

  • MADRID, March 9- Inditex, the world's biggest clothing retailer, reported strong sales growth for the first five weeks of its new financial year and said the pace of store openings would slow as part of a broader trend of sales moving online. Inditex will focus store openings on flagship sites in prime locations like the three-floor Zara store opened in a 19th...

  • PARIS, March 7- Online fashion retailer Yoox Net-a-Porter said on Monday it would adopt IBM's software to manage orders, replacing technology developed by Yoox and Net-a-Porter prior to their merger in October. Adopting a single IT platform marks a further step in the integration of the two companies, allowing them and individual client brands to monitor...

  • LONDON, March 6- As online deliveries surge and shop sales fall, Britain's retailers are looking to refit their once bustling superstores with new attractions such as rivals' fashion brands to fill empty spaces and keep shoppers coming through the door. It's a bit like a shopping mall where you can come and look at different things, "said healthcare worker...

  • Gilt debuts at Saks

    Bricks and mortar belong together and it's really the model of the future, says Jerry Storch, Hudson's Bay CEO, discusses the opening of its first Gilt store inside the new Saks off Fifth store and weighing in on the state of the consumer and millennial shopping habits.

  • ABUJA, March 3- Africa Internet Group, a Nigerian e-commerce group, has secured further funding worth a total of 225 million euros from investors including Goldman Sachs, South African telecoms group MTN and Germany's Rocket Internet, it said on Thursday. The additional investment by MTN, which bought a 33 percent stake in AIG in 2014, comes despite the current...

  • Amazon's global strategy in smaller markets

    R.J. Hottovy from Morningstar explains that Amazon had the right pricing strategy, products and logistical factors to become an industry leader.