LOS ANGELES, Dec 26- "The Interview" took in more than $1 million in a limited Christmas Day release, a decent start for the raunchy comedy that appeared dead after Sony Pictures pulled it from theaters last week following a devastating cyberattack blamed on North Korea. Sony Pictures also released the movie online via Google Inc's YouTube and Google Play,...» Read More
The day after Christmas, statistics from Amazon on its customers' holiday purchases reveal what we ordered and how much we procrastinate.
Amazon had a tough year in 2014. Sucharita Mulpuru-Kodali, Forrester Research principal retail analyst, discusses what she says is the company's constant re-positioning of itself between a tech company and a retail company.
CHICAGO, Dec 24- U.S. consumers have not turned out in force for the final shopping days before Christmas, suggesting that traditional retailers will just meet industry sales forecasts in a season marked by deep discounts and growing encroachment from online rivals led by Amazon.com Inc.. "The past weekend will not save this holiday season," said Craig Johnson,...
South Korean prosecutors indicted U.S. taxi-hailing service provider Uber's local unit for violating a law governing public transport, Yonhap reported.
Kevin Dyson, COO of Tangs, explains how the retailer stays relevant as online shopping gains popularity. He later introduces this season's hottest trend-setting items.
Sales of Huawei's low-price Honor smartphones climbed to 20 million from one million in just one year after it copied Xiaomi's online-only strategy.
BEIJING, Dec 24- China's Huawei Technologies Co Ltd has taken sales of its low-price Honor brand of smartphones to 20 million from 1 million in just one year, hitting pay dirt with the disruptive online-only strategy it copied from smaller upstart Xiaomi Inc.. But analysts say the low-cost strategy has fanned the price wars and thin profit margins prevalent in...
We put Amazon's new Prime Now one-hour delivery service to the test. Here's what happened.
Retailer Colleen Rast, who sells new brand-name apparel and vintage collectibles through eBay and Amazon, was hit with a $150 customs bill when a New Zealand boutique returned a shipment with a retail value of $1,000. Small firms accounted for more than half of eBay's U.S., British and German cross-border holiday transactions in 2013. This year, 27 percent of...
With 1 of every 7 consumer dollars being spent online, Gian Fulgoni, ComScore co-founder, discusses the impact of mobile on retail and who has figured it out.
*Alibaba helps U.S. market hit IPO numbers not seen since 2000. Tuesday's data showed the U.S. market was among the most successful for new issues, thanks in part to the record-breaking listing of Chinese online retailer Alibaba in September, the largest to date. After the bumper Alibaba sale, Saudi Arabia led the listings with National Commercial Bank's $6...
Discussing the "experience" economy and millennial spending trends, with Julia Hartz, Eventbrite co-founder.
Insight to Alibaba's road ahead, with Nicole Sinclair, The Street senior stock analyst, and Andrew Romans, Rubicon Venture Capital.
Consumers are demanding more from their smartphones, but retailers' mobile apps aren't yet delivering, according to a new survey.
Chinese shoppers are cashing in on the ruble's sharp drop, snapping up goods in Russia at low prices before brands can respond to foreign exchange moves.
Top analyst Gene Munster names Amazon as a top pick for 2015.
So much for drones. Amazon is enlisting bike messengers for a new service that gets packages to consumers in an hour. CNBC's Landon Dowdy reports.
*Delivery delays in UK after "Black Friday" surge. BERLIN/ PARIS, Dec 18- The Christmas rush is exposing the limitations of internet-only retailers as surging orders cause delivery delays, allowing Europe's shops to fight back with "click and collect" services and more in-store theatre. Britain's biggest department store group John Lewis, which was early to...
Dec 17- Canadian department store operator Hudson's Bay Co named Toys R Us Inc's former chief executive Gerald Storch as its new CEO, as the owner of Lord& Taylor and Saks chains looks to expand its online presence. Hudson's Bay's total online sales touched C $228 million in the third quarter, accounting for about 12 percent of the company's retail sales.
The Swedish furniture giant IKEA already warned Russian consumers that its prices will rise Thursday, which resulted in weekend-like crowds at a Moscow store on a Wednesday afternoon. Apple, for one, has halted all online sales in Russia. We are just a few days away from a full-blown run on the banks, " Russia's leading business daily Vedomosti said in an editorial...