Jennifer Hyman, Rent the Runway CEO, discusses the company's rental platform that is now testing a Netflix style unlimited service for accessories and handbags.» Read More
NEW YORK, Aug 28- Bitcoin is catching on at U.S. online merchants including Overstock.com and Expedia, as customers use a digital currency that just a few years ago was virtually unknown but is now showing some staying power.
Aug 27- Alibaba Group Holding Ltd's revenue accelerated in the second quarter on strong gains in its mobile business, providing investors with what may be the final glimpse of the Chinese e-commerce company's financials before its expected landmark market debut.
Is e-commerce the growth story it's believed to be? Michael Stiller, Nasdaq Advisory Services tech analyst, discusses investing in pure e-commerce stocks like Amazon or eBay, versus brick and mortars adopting e-commerce strategies.
CNBC's Kayla Tausche breaks down Alibaba's most recent quarterly earnings. Roger McNamee, Elevation Partners, provides insight to the impeding public offering.
Aug 27- China's Alibaba Group Holding Ltd, which is expected to go public in New York as early as next month, reported a 46 percent jump in quarterly revenue as growth in the world's largest e-commerce market showed no signs of slowing.
RICHFIELD, Minn.— Best Buy's shares fell Tuesday after the nation's largest consumer electronics retailer reported a revenue shortfall in the second-quarter revenue, as people increasingly shop online. Best Buy said its second-quarter net income fell 45 percent from a year earlier, when it benefited from a $229 million legal settlement.
SAN FRANCISCO, Aug 25- Amazon.com Inc snapped up live-streaming gaming network Twitch Interactive for about $970 million in cash, marking the largest deal in the U.S. e-commerce company's 20- year history. It reflects Chief Executive Jeff Bezos' resolve to transform Amazon into an Internet destination beyond its core retail operations.
FRANKFURT, Aug 22- German venture capital firm Rocket Internet and Zalando, Europe's biggest specialist online fashion retailer, are both on the brink of announcing plans to list on the Frankfurt stock exchange, several sources with knowledge of the matter said.
If start-up Shift Payments has its way, you'll soon be able to switch from real money to digital currency when paying with a single card.
FRANKFURT, Aug 22- German venture capital firm Rocket Internet and Zalando, Europe's biggest fashion retailer, are each on the brink of announcing plans to list on the Frankfurt stock exchange, several sources with knowledge of the matter said.
SAO PAULO— Online retailer Amazon has started selling physical books in Brazil, two years after it began selling books in digital format in Latin America's biggest country. In a statement posted on the company's website, CEO Jeff Bezos says Amazon's new service will offer more than 150,000 titles in Portuguese starting Thursday.
Ebay has been telling new recruits for PayPal's CEO that it may spin the payments service off as soon as 2015.
Alan Tisch, Spring CEO, discusses his e-commerce marketplace optimized for mobile devices that gives consumers access to hundreds of top brands.
CNBC's Julia Boorstin explains the new Spring app that allows users to shop directly from their mobile device and purchase products with the swipe of a finger.
BERLIN— Germany's top culture official has voiced support for hundreds of authors who claim they're being discriminated against by online retailer Amazon amid negotiations with their publisher.
Aug 20- Staples Inc warned that its sales could fall in the current quarter as it sells fewer computers and core office supplies such as ink, toner and paper in North America amid stiff competition from online retailers and big-box chains.
Aug 20- Staples Inc warned that its sales could fall in the current quarter as it sells fewer computers and core office supplies such as ink and toner in North America amid stiff competition from online retailers and big-box chains.
Author of "What Great Brands Do," Denise Lee Yohn, and David Strasser, Janney Capital Markets, discuss what's behind the revolving door in the retail c-suite.
Which is a better bet for investors, traditional brick and mortar or online? Simeon Siegel, Nomura Securities, explains the benefits of brick and mortar stores.
Aug 14- Wal-Mart Stores Inc cut its full-year profit forecast, citing higher employee healthcare costs and increased investment in its online business, and the company said heavy discounting was likely to continue into the holiday shopping season.