After Delhaize Group and Ahold completed its merger. Dick Boer, CEO of Ahold Delhaize, discusses the supermarket giant’s expansion plans in the U.S. » Read More
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spending and corruption in 2012, is starting to show signs of revival but lavish spending by China's wealthy elite has been replaced by more prudent consumption.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.
Shares of JD.com were higher after it said Monday that it is entering a strategic partnership with Wal-Mart in China.
June 20- Wal-Mart Stores Inc said on Monday it plans to sell its Chinese e-commerce business Yihaodian to Chinese online retailer JD.com Inc for a 5 percent equity stake in JD.com, a strategic alliance that aims to expand WalMart's reach in China to more customers. Shares of Wal-Mart rose 26 cents, or 0.4 percent, to $71.21 in afternoon New York Stock Exchange...
June 20- Wal-Mart Stores Inc said on Monday it would sell its Chinese e-commerce business, Yihaodian, to China's JD.com Inc and create a strategic alliance that could help boost Wal-Mart's business in China. Walmart's China stores will be listed as a preferred retailer on JD.com' s crowd-sourced platform, O2O JV Dada. Walmart's financial adviser on the deal was...
Increasing competition from Alibaba and difficulties in diversification will likely dampen JD.com's growth story, says M Science's Henry Guo.
Heath Terry, Goldman Sachs internet analyst, discussing trends in internet retail.
HappyFresh Group CEO Markus Bihler says the company uses a technology system that maps the best route for its delivery drivers.
Lufax CEO Gregg Gibb says the China's P2P lending space is in the midst of a restructuring because the right practices were not in place from the start.
BDA China Chairman Duncan Clark discusses the implications of Jack Ma's comments about how some fakes are of better quality than genuine products.
Gil Luria, Wedbush Securities Alibaba analyst, discusses the health of the Chinese consumer, after Alibaba made announcements at its investor day.