Singapore-based Lazada can avoid some trial and error thanks to $1 billion in backing from Alibaba, CEO Maximilian Bittner said.
The founder of one of China's biggest online retailers tells CNBC why the election of Donald Trump doesn't worry him.
The ecommerce giant says it's not even close to opening that many brick-and-mortar locations.
India is leapfrogging the traditional retail landscape for e-commerce, says Kunal Bahl, CEO of Snapdeal.
Dec 5- Canadian department store operator Hudson's Bay Co reported a 28.6 percent rise in quarterly sales, helped by its expansion in Europe and the acquisition of online retailer Gilt. The company's consolidated retail sales increased to C $3.30 billion in the quarter ended Oct. 29, from C $2.57 billion a year ago. The retailer reported a net loss of C $125 million...
Amazon’s latest plan to disrupt the retail industry could finalize the fusion of online and in-store consumer experiences.
*Retailers look for people skills, brand knowledge when hiring. Dec 5- This U.S. holiday shopping season, wearing the brand is more likely to help get you a job in a store than experience, as retailers look for enthusiasm that will persuade customers to spend and help numb the impact of online rivals like Amazon.com Inc.. Hiring managers in the United States said they...
The downside of leasing planes but not flying them yourself, Recode reports.
CNBC’s Arjun Kharpal sat down with Klarna's CEO and co-founder, Sebastian Siemiatkowski, and discussed how the company plans to replace the world’s credit cards.
Millennials in China are sparking ideas that take social media and live streaming to new monetary heights.
Convenience stores are booming as Chinese consumers want "high speed" channels to purchase goods, says Bruno Lannes, partner at Bain & Company.
John Kernan, Cowen & Co. retail analyst and Youssef Squali, Cantor Fitzgerald, weigh in on promotional strategies and online sales on Cyber Monday.
Nov 29- Shoppers spent $3.45 billion on Cyber Monday on Samsung 4 K TVs, PlayStation 4 s and Barbie dolls among other products, marking the largest online sales day in U.S. history. Cyber Monday sales jumped 12.1 percent year-over-year and surpassed initial expectations that called for total sales of $3.36 billion, according to Adobe Digital Insights.
Mickey Mericle, Adobe’s marketing and customer insights vice president, weighs in on the latest Cyber Monday data.
CNBC's Courtney Reagan breaks down the numbers on consumer activity on Black Friday and Cyber Monday.
Nov 28- U.S. online sales gained momentum on Cyber Monday and are set to surpass initial expectations by hitting a record $3.39 billion as consumers snapped up deals on the busiest day of the year for internet shopping. The revised outlook dismissed fears that a strong jump in web sales during the Thanksgiving weekend would hurt Cyber Monday.
Fmr. Saks CEO Steve Sadove weighs in on the changing landscape of retail amid the holiday shopping season.
CNBC's Kayla Tausche reports on First Data's Cyber Monday data.
Nov 28- U.S. shoppers snapped up Cyber Monday deals on what is usually the single biggest day for internet shopping, after stellar online sales over the Thanksgiving holiday weekend. It also follows Thanksgiving and Black Friday when online sales beat estimates to increase 18 percent from a year earlier to $5.27 billion. However, early promotions and a belief...
CNBC’s Aditi Roy reports the latest on how more and more retailers are catching up with the new trend in mobile shopping.