Amazon is rolling out a new 1-hour delivery service called Prime Now. Jon Steinberg, Daily Mail North America CEO, and the "Squawk Alley" team, break down the new distribution service.» Read More
I remember when eBay bought Skype for that staggering $3.1 billion and scratching my head, wondering what the connection was. I remember talking to CEO Meg Whitman soon after the deal was announced, listening to her tell me that Skype would make as much sense and be as important to eBay as PayPal was. I remember nodding, listening.
Walgreen Tuesday said that sales rose 4.7 percent at stores open at least a year -- or same-store sales -- as it filled only 1.6 percent more prescriptions at those stores.
Toy sellers' fears of a widespread boycott of Chinese-made toys have not taken hold so far, despite the recall of more than 20 million playthings made there. Merchants are reporting an improvement in business, including strong early sales of certain key holiday items.
Pricing Rules? Radiohead, the British band, is ignoring them entirely. Now that the band has fulfilled its relationship with EMI music label and is on its own, it's letting its fans decide how much to pay for its new 10-song album. The new album called "In Rainbows" will initially be only available on the band's Web site. And fans name the price.
For those of you who are living under a rock, the Nintendo Wii is pretty much taking over the world. And frankly, I'm not sure I'm going to be writing this blog after Oct. 22, because the next night "Wii Playground" comes out. Yes, folks it's dodgeball and tetherball on the Wii.
Clothing retailer Gap said Friday an unencrypted computer containing the Social Security numbers of about 800,000 job applicants was stolen from a vendor it used to manage that data.
Friday marks the last day of the third quarter – a day when money managers are said to dress up their portfolios by buying winners and selling their losers. How do you ride these pigs with lipstick?
The founder of BET, Robert L. Johnson, just announced he's going into a new business--one that has very little to do with his media background. He's going to be buying and operating car dealerships in the southern and midwest regions of the country, partnering with the McLarty-Landers Automotive Group.
German retail sales including vehicles and gas stations fell by 0.1% on the month in August in real and seasonally adjusted terms, preliminary Bundesbank data showed on Friday.
It's a consumer electronics invasion here at the Javitz convention center in New York City. 50,000 consumers will attend what's being billed as the biggest electronic expo FOR shoppers. Unlike the massive Consumer Electronics Show in Las Vegas, open only to the industry, everyone is welcome at DigitalLife.
Retail sales growth in the euro region slowed in September, a survey of around 1,000 retail executives showed on Thursday.
Bed Bath & Beyond posted a higher second-quarter profit on Wednesday, citing increased sales and a one-time tax benefit.
Just when you thought that all the advertising space was occupied on the field, here comes the folks from EyeBlack.com. The company will sell millions of pairs of EyeBlack--yes, the stuff that's supposedly used to cut down on glare--with college and high school logos on it this year.
For someone used to forking over more than $5 bucks a cup to get her daily dose of caffeine at Starbucks, the idea of getting anything free or affordable at the world's largest coffee retailer is exciting.
Bootmaker Timberland said Wednesday it would close nearly 40 specialty retail shops across the globe and take a $17 million charge amid declining sales.
Swedish fashion giant Hennes & Mauritz posted below-consensus third-quarter pretax profit on Wednesday due to weaker revenues than expected, but the company said sales in the fourth quarter had developed well.
Reliance, India's biggest private company, is laying off 1,000 staff in India's most populous state after failed attempts to reopen Western-style supermarkets, which closed after protests from small traders.
Holiday sales could be as weak as they were during the recession of 2002, according to a CNBC snap survey. It’s too early to shop, but it isn’t too early to trade the Christmas season. Who will be the Christmas winners amid such dismal forecasts?
Upmarket Australian retailer David Jones said on Wednesday its full-year profit climbed 35% on strong winter sales, and confirmed its outlook for an 8% -13% rise in profit in the current year.
Consumer crisis or not, we're three months and counting until Christmas. Americans will still shop for the holidays but the question is just where they'll buy and how much they'll pay for this year's presents. Will we have a merry or mediocre Christmas?