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Internet Retail

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  • China's Xiaomi stopped from selling handsets in India Thursday, 11 Dec 2014 | 3:40 AM ET

    NEW DELHI— Chinese smartphone maker Xiaomi Inc. has been barred by an Indian court from selling its handsets in the country for allegedly infringing mobile phone technology patented by Ericsson. Judge G.P. Mittal of the New Delhi High Court also ruled earlier this week that Xiaomi's Indian distributor, online retailer Flipkart, is prohibited from selling the...

  • Ebay considering cutting 10 pct of workforce - WSJ Wednesday, 10 Dec 2014 | 6:02 PM ET

    Dec 10- Online retailer eBay Inc is mulling over a plan to cut thousands of jobs early next year, as it readies to spin off its PayPal unit, the Wall Street Journal reported, citing people familiar with the company's thinking. "We are focused on running the business and setting eBay and PayPal up for success as independent companies," eBay spokeswoman Amanda Miller...

  • EBay weighing massive job cuts in 2015: Report Wednesday, 10 Dec 2014 | 5:31 PM ET
    An employee at ebay in Berlin, Germany.

    EBay is weighing massive job cuts next year, Dow Jones reported, citing sources.

  • Dec 10- Wal-Mart Stores Inc promoted Judith Mckenna, a 20- year company veteran, to the post of chief operating officer in the retailer's latest reshuffling of senior management under U.S. chief Greg Foran. McKenna will continue to oversee growth of its small format stores and the integration of e-commerce and store operations, two important tasks that were...

  • WASHINGTON, Dec 9- The U.S. Congress is moving this week toward putting off until 2015 any conclusive action on a tangle of Internet tax issues, including online access taxes and online state sales taxes. Democratic Senator Ron Wyden of Oregon said on Tuesday, as expected, that a one-year extension of a moratorium on any new taxation of Internet access will be...

  • WASHINGTON, Dec 9- The U.S. Congress is expected this week to put off until 2015 any decisive action on a tangle of Internet tax issues, including online access taxes and online state sales taxes. "What we're looking at is kicking the can down the road and putting this issue into 2015," said Clay Brockman, an analyst at Height Securities. A $1.1- trillion stopgap...

  • The other wealth gap: 5 luxe brands outpace online Tuesday, 9 Dec 2014 | 12:39 PM ET
    A Michael Kors retail location in New York.

    Five luxury labels accounted for nearly 70 percent of desktop and mobile market share through August, a report by PM Digital says.

  • YouTube’s Apple TV updated: More content & ads Tuesday, 9 Dec 2014 | 11:25 AM ET
    Apple TV

    YouTube has refreshed its app for Apple's TV streaming box, offering a new look, more videos, and more ads.

  • Amazon introduces 'make an offer' service Tuesday, 9 Dec 2014 | 10:56 AM ET

    NEW YORK— Amazon wants you to make an offer sellers won't want to refuse. The service lets "sellers looking to communicate and negotiate directly with customers in an online marketplace environment just like they do normally in their own physical store or gallery," said Peter Faricy, vice president for Amazon Marketplace. Amazon's competitor Ebay, which has long...

  • WASHINGTON, Dec 9- The U.S. Supreme Court on Tuesday ruled that companies do not have to pay workers for the time they spend undergoing security checks at the end of their shifts in a case involving an Amazon.com Inc warehousing contractor. Amazon, the world's largest online retailer, is not directly involved in the case. Jesse Busk and Laurie Castro, U.S. Supreme...

  • Like to haggle? Amazon's now got you covered Tuesday, 9 Dec 2014 | 6:54 AM ET

    Amazon.com on Tuesday debuted a new "Make an Offer" purchasing option, which allows shoppers to negotiate lower prices on more than 150,000 items.

  • These retailers are winning in online sales: Storch Monday, 8 Dec 2014 | 9:50 AM ET
    Macy's Facebook page ahead of Black Friday.

    Online sales are seeing double-digit growth this season, but the cost of digital retail is squeezing margins, former Toys R Us CEO Gerald Storch says.

  • What does mobile pay need? A lot more discounts Monday, 8 Dec 2014 | 8:36 AM ET
    A Yankee Candle coupon displayed on an iPhone

    For a technology with huge goals—predicting $27 billion in sales by 2016—mobile payment systems are still stingy with deals and discounts.

  • Amazon's swipe at wipes aims to keep customers  Monday, 8 Dec 2014 | 6:53 AM ET

    Edmund Lee, Re/code managing editor, discusses Amazon's strategy to grow its business by selling a new line of consumer products which includes diapers and baby wipes.

  • Boutrous represented the world's largest retailer, Wal-Mart, in one of the most anticipated business cases in years. Gibson Dunn is not the only law firm to turn Supreme Court appearances into gold. After the firm Sidley Austin won a Supreme Court patent case for eBay, it earned at least $10 million in unrelated legal fees from the online retailer, say people with...

  • Asia's answer to Cyber Monday  Sunday, 7 Dec 2014 | 10:20 PM ET

    Tito Costa, Managing Director of Zalora Group, describes the firm's online shopping event taking place on Friday, December 12.

  • Crowdsourcing same-day delivery  Friday, 5 Dec 2014 | 2:43 PM ET

    A new same-day delivery service is helping businesses fulfill orders, reports CNBC's Courtney Reagan.

  • Coal in Main Street's stocking this year? Friday, 5 Dec 2014 | 7:00 AM ET

    Will Congress give Main Street coal in its stocking this year?, asks Parker Karnan, executive director of the Independent Running Retailers Assoc.

  • How Lazada is tapping Asian e-commerce  Thursday, 4 Dec 2014 | 10:33 PM ET

    Maximilian Bittner, CEO at Lazada Group, discusses the start-up's plans to dominate the online shopping space in Asia.

  • Dec 4- Teen apparel retailer American Eagle Outfitters Inc forecast a current-quarter profit that missed analysts' estimates and reported its fifth straight fall quarterly income as weak mall traffic and online competition hurt sales. American Eagle along with teen apparel retailers Aeropostale Inc and Abercrombie& Fitch Co have been struggling to boost...