Internet Retail


  • SHANGHAI, Jan 9- China will allow online sales of prescription drugs as early as this month, a policy that will open up an over 1 trillion yuan market to online pharmacy operators like Alibaba Group Holding Ltd and Wal-Mart Stores Inc.. The policy would help reform a fragmented and opaque market controlled by state-run distributors and hospitals, brought into...

  • LONDON, Jan 8- Marks& Spencer missed Christmas sales forecasts, hit by delivery problems at its online business and raising fresh questions about chief executive Marc Bolland's turnaround strategy for Britain's biggest clothing retailer. The 131- year-old mainstay of Britain's shopping streets said on Wednesday same-store sales of general merchandise,...

  • CHICAGO, Jan 7- U.S. retail store sales fell 8 percent during the 2014 holiday season despite a late shopping surge, but overall holiday sales should show a 3.5 to 4 percent rise from a year ago because of stronger online buying, analytics company Retail Next said on Wednesday. Specialty stores in the United States include chains such as Best Buy Co Inc and large...


  • Teen fashion retailers are going out of style Wednesday, 7 Jan 2015 | 6:40 PM ET
    A Deb Shop in Westland, Michigan

    Deb Shops, the once popular teen fashion retailer, won court approval on Wednesday to begin going-out-of-business sales for nearly 300 stores.

  • Apple plans iPad, MacBook re-design: Report Tuesday, 6 Jan 2015 | 5:18 PM ET
    From left: The new iPad Mini 3 and the new iPad Air 2

    A "radically redesigned" version of Apple's MacBook Air will be unveiled this year, 9to5Mac reported Tuesday.

  • Apple Watch launch expected in late March Tuesday, 6 Jan 2015 | 4:34 PM ET

    The Apple Watch may be coming to your local Apple Store sooner than you think.

  • Kickstarter ditches Amazon Pay for this startup Tuesday, 6 Jan 2015 | 4:09 PM ET
    Kickstarter home page

    Kickstarter, The popular platform used by artists and inventors to raise funds for new projects, is leaving Amazon for Stripe, Re/code reports.

  • SAN FRANCISCO, Jan 6- Crowdsourced fundraising site Kickstarter has dropped Amazon.com Inc as its global payments processor in favor of Stripe, the fast-growing startup used by Twitter Inc, Facebook Inc and Apple Inc.. The switch comes as the Internet retailer begins to move clients from its customizable checkout service to an Amazon- branded one.

  • Higher shipping rates and the Amazon effect Tuesday, 6 Jan 2015 | 1:01 PM ET
    Workers prepare to offload an incoming FedEx plane in Newark, New Jersey.

    FedEx and UPS rate hikes are in effect as fuel prices, a key cost for shippers, are at record lows. So what's driving the changes in shipping costs?

  • Airline sues man for founding a cheap flights site Tuesday, 30 Dec 2014 | 5:57 PM ET
    A United Airlines plane at Chicago's O'Hare airport

    United Airlines and Orbitz are suing a man for founding a website that helps travelers book cheap flights, according to CNN Money.

  • SAN FRANCISCO, Dec 29- Major U.S. retailers including Target Corp and Toys' R Us have begun allowing shoppers to collect online purchases at their brick-and-mortar stores, but a study shows the option often saves little, if any, time over in-store shopping. It comes in response to competition from the No. 1 U.S. online retailer, Amazon.com Inc, which has streamlined...

  • Two pros disagree on Amazon  Monday, 29 Dec 2014 | 3:17 PM ET

    Colin Sebastian, Robert W. Baird, sees an opportunity in Amazon, while James Ramelli, Keene on the Market, doesn't.

  • 10 Million new Amazon Prime members  Monday, 29 Dec 2014 | 3:16 PM ET

    Amazon's Prime membership helped many customers deliver presents over the holidays. CNBC's Courtney Reagan reports on some of the most popular toys this season.

  • Dec 28- Sony Pictures said "The Interview" has earned more than $15 million in online sales and another $2.8 million in theaters, an impressive return made possible by the publicity surrounding the cyberattack blamed on North Korea. The film that triggered the devastating cyberattack on the studio last month, which the United States says was launched by North...

  • LOS ANGELES, Dec 26- "The Interview" took in more than $1 million in a limited Christmas Day release, a decent start for the raunchy comedy that appeared dead after Sony Pictures pulled it from theaters last week following a devastating cyberattack blamed on North Korea. Sony Pictures also released the movie online via Google Inc's YouTube and Google Play,...

  • What we bought on Amazon.com this Christmas Friday, 26 Dec 2014 | 11:20 AM ET
    An Amazon.com Inc. employee lifts a box from a conveyor at the company's fulfillment center in Tracy, Calif.

    The day after Christmas, statistics from Amazon on its customers' holiday purchases reveal what we ordered and how much we procrastinate.

  • Still missing gift orders? Could be out of stock Friday, 26 Dec 2014 | 9:15 AM ET
    Inventory at a warehouse

    If you're facing a delay in online retail orders, it may be because the store ran out of inventory.

  • Amazon: Worst yet to come?  Friday, 26 Dec 2014 | 7:46 AM ET

    Amazon had a tough year in 2014. Sucharita Mulpuru-Kodali, Forrester Research principal retail analyst, discusses what she says is the company's constant re-positioning of itself between a tech company and a retail company.

  • CHICAGO, Dec 24- U.S. consumers have not turned out in force for the final shopping days before Christmas, suggesting that traditional retailers will just meet industry sales forecasts in a season marked by deep discounts and growing encroachment from online rivals led by Amazon.com Inc.. "The past weekend will not save this holiday season," said Craig Johnson,...