Staples to shut 225 stores in North America as sales fall. Staples Inc will close up to 225 stores in the United States and Canada- 12 percent of its North America outlets- and forecast another quarter of sales decline as it loses customers to mass market chains and online retailers.» Read More
Feb 27- Salesforce.com Inc, the world's biggest maker of online sales software, reported a better-than-expected 37 percent rise in quarterly revenue helped by strong sales at its newly acquired email marketing firm ExactTarget. The company also said Graham Smith, chief financial officer since 2008, will retire in March 2015.
Feb 27- Essilor International will buy Coastal Contacts Inc, an online retailer of eyeglasses and contact lenses, for C $430 million, Coastal said on Thursday.
JC Penney reported a quarterly loss that was smaller than expected on Wednesday, but revenue trailed analysts' expectations.
'Sadly they've gone from being a leader to a laggard. They've failed to keep up,' said one consultant about JC Penney.
NEW YORK-- Barnes& Noble reported a third-quarter profit as cost cuts at its Nook unit and elsewhere helped offset declining revenue across all of its businesses. Barnes& Noble has been trying to turn itself around as competition from discount stores and online retailers toughens, and as consumers shift away from traditional books to digital formats.
It's an online shopping portal that went public in November and offers daily deals for moms and children.
NEW YORK-- Shares of newly public Zulily surged 15 percent in premarket trading after the online retailer reported fourth-quarter revenue that easily topped Wall Street expectations on strong sales of its clothing for moms and children. Zulily, based in Seattle, had 3.2 million active users at the end of 2013, double its user base in 2012..
HONG KONG/ BEIJING, Feb 25- Billionaire Jack Ma's Alibaba, the dominant force in China's $1.6 trillion e-commerce market, may already have lost a battle with rival Tencent for the world's biggest mobile market.
Groupon's CEO brushed off his stock's tailspin Friday and told CNBC that demand reached record levels at his company during the last quarter.
Discussing Groupon's efforts in e-commerce, and how the company is holding up amid competition, with BuzzFeed president & COO Jon Steinberg.
Determining who belongs on CNBC's list of business influencers has led to spirited debates. How about Elon Musk and Jeff Bezos?
HONG KONG, Feb 20- China's largest Internet company Tencent Holdings Ltd and online retailer JD.com are in talks to combine their e-commerce business, a person familiar with the matter told Reuters on Thursday, confirming earlier media reports.
HowAboutWe co-founder and co-CEO Aaron Schildkrout discusses his business model which "keeps people in love."
The seller of gadgets, wine accessories, and furniture is in talks with firms about investing. The WSJ reports.
CNBC's Seema Mody reports on the potential negative impact on companies from the East Coast's winter storm. Some believe online traffic will rise because more people are at home.
With Valentine's Day just a week away, Americans are rushing to buy flowers, but are they really getting what they pay for? TODAY reports.
Amazon just improved its mobile app to make it even easier for consumers to showroom.
SAO PAULO, Feb 7- Amazon Inc. started selling its Kindle online in Brazil on Friday, expanding from ebooks into retail for the first time in Latin America's biggest and most challenging ecommerce market. The world's largest online retailer launched an Internet bookstore in Brazil in 2012, a low-risk landing on this $11 billion emerging ecommerce market.
From sophisticated fake game tickets to bogus jerseys, counterfeiters want a piece of the Super Bowl. Here's how to spot knockoff merchandise.
Jan 31- Amazon.com Inc shares fell more than 9 percent in early trading on Friday, after the online retailer warned of a possible loss in the current quarter and its quarterly results missed expectations in the holiday shopping season. Amazon shares were down at $372.81 in early trading.