Walmart's e-commerce operations' tech arm acquired the social shopping site Luvocracy and plans to shut it down. Re/Code reports.» Read More
Discussing consumer spending and WalMart's earnings issues, with Patrick McKeever, MKM Partners senior equity analyst.
*Amazon expected to expand food sales at home and abroad. BERLIN, July 8- Big retailers are taking a calculated hit to margins to invest in online grocery operations, in the hope they can persuade consumers to add more profitable items like clothes and computers to their orders of fruit and vegetables.
July 3- European officials have asked Luxembourg to hand over documents relating to U.S. online retailer Amazon's tax affairs in the country, the Financial Times reported on Thursday, citing official sources. "We are looking into what kind of arrangement Luxembourg has with Amazon," the British newspaper quoted an EU official as saying.
Andy Dunn, Bonobos co-founder & CEO, discusses the company's new round of venture funding that will allow the e-commerce men's retailer to expand its store count across the country.
How many U.S. investors will get in on Alibaba? ConvergEx conducted a survey of more than 300 institutional investors. Nicholas Colas, ConvergEx Group chief market strategist discusses the results.
July 2- Kroger Co, the biggest U.S. supermarket operator, said it would buy online grocery and nutrition products retailer Vitacost.com Inc for about $280 million to strengthen its online retailing business. Kroger said it would use Vitacost to enter new markets and new channels, along with its Harris Teeter's online order and pick-up service.
July 2- Kroger Co said it would buy online retailer Vitacost.com Inc for about $280 million in a bid to expand its online presence. The biggest U.S. supermarket operator's $8 per share offer repre4sents a 27.3 percent premium to Vitacost shares' Tuesday closing of $6.28 on the Nasdaq.
The success of the U.S. at the World Cup hasn't just meant mega-TV ratings, but also a spike in merchandise sales.
TOKYO, July 1- AirAsia Bhd said on Tuesday it would set up a low-cost airline with Japan's biggest online retailer Rakuten Inc and other firms, marking the budget carrier's second attempt to tap one of Asia's lucrative air travel markets.
PARIS, July 1- Grocery manufacturers are struggling to adapt to the online world and need to invest in smarter packaging, presentation and supply chains to reap the long term benefits.
*Alibaba the king of online retail on personal computers in China. *Alibaba headed for big IPO in New York this year. BEIJING, July 1- Chinese e-commerce giant Alibaba Group Holding Ltd may have dominated online retail on personal computers, but is some way from replicating that leadership in shopping by smartphone and other mobile devices.
Ruzwana Bashir, Peek co-founder & CEO, discusses her digital hub that's a one-stop shop for booking activities, tours, and more. Bashir also comments on diversity in big tech.
Those who have worked for Jeff Bezos say he can be an intimidating boss who expects results and has no patience for anyone who doesn't measure up.
WASHINGTON, June 25- White House changes to proposed rules for tobacco products significantly weakened language detailing health risks from cigars and deleted restrictions that might have prevented online sales of e-cigarettes, published documents show.
STOCKHOLM, June 22- Swedish-American heiress Cristina Stenbeck's bet on the red-hot e-commerce business has caught the eye of investors, although doubters question the future of her Kinnevik group in a sector where new players emerge almost every day.
Neil Blumenthal, Warby Parker co-founder & co-CEO, discusses his plans to disrupt the eyewear market by using web and mobile as a way to engage with customers.
*China e-commerce firm's shares surge after listing. *Tencent link heightens rivalry with Alibaba. BEIJING, June 18- With an iron grip, JD.com Inc founder Richard Liu has dragged China's number two online retailer from a Beijing backwater to a rich New York listing.
Sick of trying to curate cosmetic products? A subscription to Birchbox—which sends samples of high-end beauty products—may be the answer.
Anyone can invest in disruptive start-ups, thanks to crowdfunding sites like Kickstarter. It has helped fund blockbusters like Oculus Rift
Tuxedo rental may be a very old idea, but it took two very bright Harvard MBAs to reinvent it for runway labels.