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.
Elizabeth Tan tried hard to avoid working for Heatwave Shoes, but "family is something that calls you back," she says.
Alibaba founder Jack Ma says his comment that counterfeit goods were better than originals was taken out of context.
*Recovery in China wine market driven by online, logistics firms. *China wine market worth around $14.2 bln- IWSR report. China's wine market, hit hard by Beijing's crackdown on ostentatious spending and corruption in 2012, is starting to show signs of revival but lavish spending by China's wealthy elite has been replaced by more prudent consumption.
Discussing FedEx earnings, and the impact on the shipping company from growth in e-commerce, with Donald Broughton Avondale Partners.
*Gets 5 pct stake in China No. 2 e-commerce firm in return. *China online grocery market to hit $180 bln by 2020- report. "The reality is that e-commerce is hyper-competitive in China and it is tough for any platform to make money," said Ben Cavender, Shanghai- based principal of China Market Research Group.
LONDON, June 21- When thieves made off with millions of pounds of jewels from an underground vault in Hatton Garden last year, it shone an unwelcome spotlight on the historic centre of London's jewellery trade just as it fights for survival. In the 17th century, houses for the gentry were built and goldsmiths, including Percival Johnson, founder of metals...
JD.com's business is better aligned to Walmart's and likely provided a better partnership deal, says Wedbush Securities' Gil Luria.