Internet Retail e-commerce


  • Breaking up not so hard to do: PayPal & eBay CEOs Saturday, 23 Jan 2016 | 9:00 AM ET
    Daniel Schulman, chief executive of PayPal at the 2016 World Economic Forum in Davos, Switzerland.

    Seven months after PayPal's spin-off from e-commerce giant eBay, the transition is going smoother than many might have thought, the CEOs tell CNBC.

  • SAO PAULO, Jan 22- The head of Brazilian operations and co-chief executive of online retailer Cnova NV, a subsidiary of France's Casino Guichard Perrachon SA, has resigned after an investigation of inventory mismanagement in Brazil. Emmanuel Grenier, head of French e-commerce site Cdiscount and Cnova's other co-CEO, will take over as sole chief executive of...

  • Casino's Cnova targeted by U.S. class action Friday, 22 Jan 2016 | 7:45 AM ET

    PARIS, Jan 22- A U.S. law firm has filed a class action lawsuit against Cnova, the e-commerce arm of French retailer Casino, alleging violations of securities laws in connection with its November 2014 initial public offering. The complaint filed by Glancy Prongay& Murray LLP on behalf of investors in a New York district court alleges Cnova failed to disclose its...

  • SAO PAULO, Jan 22- Online retailer Cnova, a subsidiary of France's Casino Guichard Perrachon SA, said Emmanuel Grenier would temporarily expand his role to take over as chief executive officer of the unit's Brazilian operations after the resignation of German Quiroga. News of the shuffle in management in Brazil was released in a filing on Friday by Grupo Pao de...

  • Amazon steps up recruitment as it expands in Europe Friday, 22 Jan 2016 | 5:36 AM ET

    LONDON, Jan 22- Online retailer Amazon plans to create several thousand jobs in Europe in 2016, more than 2,500 of which will be in Britain, stepping up its expansion in the region, it said on Friday. The jobs form part of an investment by the U.S.-based company to expand its warehouses and delivery network in Europe, its research and development capability, and...

  • Marketing oops: Why shoppers are left hanging Wednesday, 20 Jan 2016 | 10:00 AM ET
    Frustrated shopper

    Retailers are having trouble aligning their inventories with their marketing messages.

  • DUBAI, Jan 19- Tehran- based e-commerce firm Takhfifan found it impossible to attract foreign investment when it launched in 2011 but it took only two days for a potential foreign investor to get in touch after sanctions on Iran were lifted. "When I was launching my company I talked to several foreign investors but none of them was interested in doing any business...

  • Retail's biggest challenges: Pros Tuesday, 19 Jan 2016 | 6:42 AM ET
    Retail's biggest challenges: Pros

    CNBC's Courtney Reagan, talks to Steve Sadove, former Saks CEO and Matt Shay, National Retail Federation president and CEO, about the future of retail. The consumer is relatively healthy but they are buying differently, says Sadove.

  • Meet Snapdeal, the Alibaba of India Monday, 18 Jan 2016 | 3:45 AM ET
    Meet Snapdeal, the Alibaba of India

    Anand Chandrasekaran, chief product officer at Snapdeal, talks about his e-commerce company, which is an online marketplace selling products across India.

  • Jan 15- Retail sales in the United States are estimated to have risen 3 percent to $625.9 billion in the holiday season, according to data from industry group National Retail Federation, CNBC said. The growth fell short of NRF's forecast of a 3.7 percent jump. Online sales grew 9 percent to $105 billion, NRF estimated.

  • SAN FRANCISCO, Jan 14- Online retailer Inc's China division has registered as an ocean freight forwarder, according to the U.S. Federal Maritime Commission, a move which allows it to coordinate cargo shipments between China and the United States. Amazon is already negotiating a deal to lease 20 jets to start its own air-delivery service in the United...

  • Jan 14- Online retailer Inc's China division has registered to provide ocean freight services, which allows it to coordinate shipments between China and the United States, according to a Federal Maritime Commission filing.

  • Jan 14- Online retailer Inc's China division has received a license to operate as an ocean freight forwarder in the United States, according to a Federal Maritime Commission filing.

  • Jan 14- Canada's Shaw Communications Inc posted an unexpected 4 percent drop in first-quarter profit, as it continued to lose television subscribers, offsetting a rise in internet accounts. Shaw, which competes with Telus Corp in west Canada, said its consumer unit lost 30,000 television and 5,600 landline telephone accounts in the quarter ended Nov. 30.

  • UPDATE 2-ASOS sales growth rebounds in US, Europe Thursday, 14 Jan 2016 | 6:15 AM ET

    *UK sales up 25 pct, international up 20 pct. Jan 14- British online fashion retailer ASOS reported a recovery in sales growth in the United States and Europe on Thursday, helped by moves to make its prices more responsive to exchange rate volatility, but it also saw its margins slip. Established in 2000 for fashion-conscious 20- somethings, ASOS was an early...

  • This growing trend is changing the retail business Wednesday, 13 Jan 2016 | 12:20 PM ET
    Employees assist shoppers at the check out counter of a Walmart store in Los Angeles.

    Whether retailers like it or not, shoppers are raising the stakes of the game: they want to shop online and pick up in store.

  • Digital ads to surpass TV ads: analyst Wednesday, 13 Jan 2016 | 10:21 AM ET
    Digital ads to surpass TV ads: analyst

    John Blackledge, senior Internet analyst at Cowen and Co., explains why he's bullish on digital advertising.

  • Sainsbury's deal with Argos would help online prowess Saturday, 9 Jan 2016 | 3:00 AM ET

    LONDON, Jan 9- Old-fashioned catalogues, pencils and paper order slips still line many Argos stores. But whether customers shop there, online or using white tablets in some revamped shops, they have access to one of the fastest delivery systems in Britain. Britain's second biggest supermarket made a surprise swoop for Home Retail, also the owner of the Homebase...

  • Jan 7- Department store operator J.C. Penney Co Inc said same-store sales surged during the holiday shopping months of November and December, spurring shares of retailers on a day global stock markets dropped on concerns over the Chinese economy. Same-store sales rose 3.9 percent in the last two months of the year due to higher online sales and strong demand for...

  • JC Penney same-store sales rise 3.9% in Nov-Dec Thursday, 7 Jan 2016 | 8:17 AM ET
    Pedestrians pass a JC Penney store in New York.

    J.C. Penney's same-store sales rose 3.9 percent in November and December due to strong demand for its private-label offerings and higher online sales.