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Richard Perks, director of retail research at Mintel International, tells CNBC that he doesn't understand how Hilco can justify their acquisition of struggling retailer HMV.
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Richard Perks, director of retail research at Mintel International, tells CNBC that he doesn't understand how Hilco can justify their acquisition of struggling retailer HMV.
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ARLINGTON, Va.-- Language software company Rosetta Stone Inc. said Thursday that it will close its last 56 U.S. kiosk locations as it shifts to a fully online business model. It will cut around 245 jobs as part of the move. On Tuesday it bought online language-learning company Livemocha for $8.5 million.
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SAN FRANCISCO, April 3- EBay Inc's payments business, PayPal, already lends money to online shoppers, but it is now starting to finance the merchants who sell on the company's online marketplaces. PayPal has already tested a financing program for eBay sellers in the UK and it plans similar tests in the United States this year, a company spokesman said on Tuesday.
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*Amazon launched merchant lending business last year. SAN FRANCISCO, April 3- EBay Inc's payments business, PayPal, already lends money to online shoppers, but it is now starting to finance the merchants who sell on the company's online marketplaces.
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Ocappi, an online diamond company launching Wednesday, aims to equip men with multiple rings to choose from. Each ring will require a $75 deposit and must be returned within five days.
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Across many of the developed economies of America, Europe and Asia, newspaper online pay walls are proliferating as publishers struggle to make up for dwindling revenue on their print products. The NY Times reports.
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Consumers insist that they treasure their online privacy. But their mouse clicks tell a far different tale, as the experiments of a behavioral economist show.
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After bowing to the realization that many customers like to see items in person before buying, a growing number of online retail companies are setting up physical stores while at the same time redefining what brick and mortar means for them.
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NEW YORK, March 28- Amazon.com Inc and other out-of-state online retailers must collect state tax on New York state customers, the state's highest court ruled on Thursday, a decision at odds with other courts that could set the stage for a showdown in the U.S. Supreme Court.
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How is eBay planning to hit its bold target of $300 billion in transactions in 2015? CEO John Donahoe explains.
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March 28- Amazon and other out-of-state online retailers must collect state tax on New York State customers, the state's highest court ruled on Thursday, a decision at odds with other courts that could set the stage for a showdown in the U.S. Supreme Court.
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EBay CEO John Donahoe said Thursday the company will help transact $300 billion of business in 2015, a 71 percent increase from 2012'S $175 billion in transactions.
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SAN FRANCISCO, March 28- Google Inc launched a same-day delivery service in the San Francisco Bay Area on Thursday as the world's largest Internet search company works with retailers such as Target Corp to compete more with e-commerce leader Amazon.com Inc.. Google has been testing the service, called Google Shopping Express, with employees for a few months.
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SAN BRUNO, Calif., March 26- Wal-Mart Stores Inc, facing growing competition for quick delivery of physical goods from online retailers like Amazon.com Inc, said on Tuesday it would start using its stores to get Internet orders to customers faster.
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SAN BRUNO, Calif., March 26- Wal-Mart Stores Inc is ramping up plans to combine its physical stores with online technology, testing the use of lockers to hold goods ordered on the Internet until shoppers pick them up, as the world's largest retailer tries to catch up with e-commerce leader Amazon.com Inc..
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By Jessica Wohl and Alistair Barr SAN BRUNO, Calif., March 26- Wal-Mart Stores Inc. While Wal-Mart is the leading retailer overall with $466.1 billion in annual sales, it trails Amazon and a handful of other retailers when it comes to selling goods online.
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SAN BRUNO, Calif., March 26- Wal-Mart Stores Inc will test the use of lockers in its stores to hold goods ordered online until shoppers pick them up, Neil Ashe, chief executive of its e-commerce unit, said on Tuesday. Wal-Mart, the world's largest retailer, is trying to catch up with Amazon, the biggest online retailer.
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By Jessica Wohl and Alistair Barr SAN BRUNO, Calif., March 26- Wal-Mart Stores Inc. Wal-Mart, the world's largest retailer, is trying to catch up with Amazon, the biggest online retailer. Wal-Mart hopes its network of physical stores, which number about 4,000 in the United States, will give it an edge as consumers increasingly use smart phones while they shop.
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By Jessica Wohl and Alistair Barr SAN BRUNO, Calif., March 26- Wal-Mart Stores Inc. Wal-Mart, the world's largest retailer, is trying to catch up with Amazon, the biggest online retailer. Wal-Mart is also competing against Amazon by increasing the number of products it has available for sale on its website.
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SAN BRUNO, Calif., March 26- Wal-Mart Stores Inc will test the use of lockers in its stores to hold goods ordered online until shoppers pick them up, Neil Ashe, chief executive of its e-commerce unit, said on Tuesday. Wal-Mart, the world's largest retailer, is trying to catch up with Amazon, the biggest online retailer.