Internet Retail


  • *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...

  • Retailers... grandma's on the Internet now: Storch  Thursday, 18 Dec 2014 | 6:41 AM ET

    Incoming Hudson's Bay CEO Gerald Storch, shares his thoughts on the "omnichannel approach to retail and the upcoming holiday shopping season.

  • Storch taking CEO seat at Hudson Bay  Thursday, 18 Dec 2014 | 6:39 AM ET

    Incoming Hudson's Bay CEO Gerald Storch, shares his strategy to grow the company's brand.

  • 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.

  • Russians flock to stores to pre-empt price rises Wednesday, 17 Dec 2014 | 2:11 AM ET

    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...

  • Apple stops sales in Russia, citing unstable ruble Tuesday, 16 Dec 2014 | 5:02 PM ET

    CUPERTINO, Calif.— Apple has halted online sales of its iPhones, iPads and other products in Russia amid financial turmoil triggered by the steep decline in the country's currency. The ruble plunged by as much as 20 percent Tuesday, even after Russia's central bank increased interest rates sharply in an attempt to shore up the currency. Cupertino, California-...

  • No reindeer needed: How to ship your gifts on time Monday, 15 Dec 2014 | 2:54 PM ET

    Shoppers can take some proactive steps to make sure their packages arrive on time, TODAY reports.

  • Amazon sellers irate after error causes penny sales Monday, 15 Dec 2014 | 12:06 PM ET
    A parcel is prepared for shipment at Amazon's warehouse in Hemel Hempstead, England.

    One retailer lost more than $30,000 after the software glitch error. Some sellers have hired a lawyer to recoup costs.

  • BERLIN, Dec 15- Some staff at Amazon warehouses in Germany started a new three-day strike on Monday to press their demands for better pay and conditions as the online retailer races to ensure Christmas orders are delivered on time. Labor union Verdi said that it expected at least 2,000 workers to join the strike at five of Amazon's nine distribution centers in...

  • Fastest shippers: Who's winning?  Monday, 15 Dec 2014 | 8:17 AM ET

    Insight to which shippers and retailers are getting holiday gifts delivered the fastest, with CNBC's Courtney Reagan.

  • FedEx readies more than 600 aircraft  Monday, 15 Dec 2014 | 7:17 AM ET

    FedEx is expecting another record setting holiday shipping season. FedEx SVP of Services Patrick Fitzgerald, touches on last year's conditions, and how this year compares.

  • BERLIN, Dec 15- Workers at Amazon warehouses in Germany started a fresh three-day strike on Monday to press their demands for better pay and conditions as the online retailer races to ensure Christmas orders are delivered on time. Labour union Verdi said the strike had started at five of Amazon's nine distribution centres in Germany but added it would only know...

  • Union calls 3-day strike at German Amazon centers Monday, 15 Dec 2014 | 3:02 AM ET

    BERLIN— A union has launched a three-day strike at five Amazon.com distribution centers in Germany, the latest in a string of walkouts in a long-running wage dispute with the American online retailer. Amazon has more than 9,000 full-time employees in Germany. Amazon says its distribution warehouses in Germany are logistics centers and employees earn...

  • Volvo to launch online car sales in marketing shift Monday, 15 Dec 2014 | 12:00 AM ET

    PARIS, Dec 15- Volvo Car Corp said it will start selling vehicles online as it rolls out new models to compete with German luxury rivals such as BMW. "The plan is to have all our car lines in all our markets offered digitally," Volvo sales chief Alain Visser said in an interview. But Volvo has assured its 2,000 global dealerships, half of which are in Europe, that it has no...

  • Wayfair CEO: Growing at great rate  Friday, 12 Dec 2014 | 10:35 AM ET

    Business is doing great, says Niraj Shah, Wayfair co-founder and CEO, while discussing the growth of the brand.

  • German union calls new strike at Amazon warehouses Friday, 12 Dec 2014 | 7:25 AM ET

    FRANKFURT, Dec 12- German union Verdi has called a fresh three-day strike at five Amazon warehouses, increasing pressure on the online retailer during the busy pre-Christmas period in a long-running dispute over pay and conditions. Verdi said in a statement on Friday it had called on workers to strike at distribution centres in Bad Hersfeld, Leipzig, Graben,...

  • It's a very merry mobile Christmas  Friday, 12 Dec 2014 | 6:40 AM ET

    Mobile is placing purchasing power in the hands of consumers, says Gian Fulgoni, comScore co-founder, providing insight to online shopping.

  • SHANGHAI, Dec 12- It took China's biggest retail chain Suning all last year to generate sales of about $17 billion. Big retailers like Suning Commerce Group Co Ltd and foreign rivals Wal-Mart Stores Inc and Best Buy Co Inc are struggling to attract customers to their traditional stores in China, where online shopping is booming. This week, Wal-Mart said it had...

  • Senate OKs tighter Internet sales tax collection Thursday, 11 Dec 2014 | 4:39 PM ET

    LANSING, Mich.— Amazon and other online retailers with ties to Michigan would have to collect its 6 percent sales tax on purchases under legislation approved Thursday by a divided Senate. It won approval on a 21-16 vote in the GOP- controlled Senate, picking up support from 11 Democrats and 10 Republicans. The bills could raise in the ballpark of $50 million a year...

  • RBC's 2015 top tech picks  Thursday, 11 Dec 2014 | 12:36 PM ET

    The Fast Money traders weigh in on the top tech picks for 2015 of RBC Capital's Mark Mahaney.