BEIJING— E-commerce giant Alibaba pledged Friday to do more to fight online sales of counterfeit goods, quickly settling a public dispute with a Chinese regulator after the value of its U.S.-traded shares plunged. Alibaba founder Jack Ma and the director of the Cabinet's State Administration of Industry and Commerce met and pledged to cooperate more...» Read More
Discussing holiday retail sales data, David Schick, Stifel retail analyst, reveals who has outperformed this season.
Dec 28- Sony Pictures said "The Interview" has earned more than $15 million in online sales and another $2.8 million in theaters, an impressive return made possible by the publicity surrounding the cyberattack blamed on North Korea. The film that triggered the devastating cyberattack on the studio last month, which the United States says was launched by North...
Sony said "The Interview" has earned more than $15 million in online sales and another $2.8 million in theaters, thanks to the hacking publicity.
Cost conscious shoppers in Singapore, one of the world's most expensive cities, are increasingly shopping online to take advantage of lower prices.
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,...
Discussing Amazon's outlook for 2015 and who to play in the retail space next year, with Dana Telsey, Telsey Advisory Group CEO, and trader Jon Najarian.
Discussing which retailers grabbed the biggest piece of the retail pie in 2014, with Dana Telsey, Telsey Advisory Group CEO.
Amazon announced a record breaking holiday season saying more than 10 million new members tried Amazon Prime, reports CNBC's Sara Eisen.
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.