Gerald Storch, Storch Advisors CEO, explains why its important brick and mortar retailers have a strong online strategy and breaks down the disappointing retail numbers for Black Friday and the strong rebound in cyber Monday sales.» Read More
NEW YORK, Dec 1- Heavy discounting took a toll on U.S. retail sales during the Thanksgiving weekend as shoppers spent less than they did a year earlier, according to data released Sunday by an industry group.
Nov 30- U.S. shoppers visited more stores and spent more money at brick-and-mortar sites across Thanksgiving Day and "Black Friday" than they did in 2012 while online sales set records, data showed on Saturday.
Skariachan NEW YORK, Nov 29- U.S. retailers' controversial choice to kick off the U.S. holiday shopping season early, on Thanksgiving, may not pay off as much as they had hoped. Even Macy's Inc's flagship store in New York City opened then for the first time in its 155- year history, at 8 p.m. Some U.S. shoppers played along, hitting the Internet and stores on Thanksgiving.
David Neuman, social media manager at Prime Visibility, discusses the popularity of Cyber Monday, how mobile shopping is getting bigger and what the most popular gifts are expected to be.
BEIJING, Nov 27- Courier Chen Honglei packs boxes of clothing, appliances and utensils into his electric three-wheeler to deliver to customers in northwestern Beijing, helping China's second largest e-commerce company Jingdong maintain its logistics edge in a cut-throat market.
SHANGHAI Nov 27- In a small research lab in Palo Alto, California, flanked by Hewlett-Packard Co and Stanford University, China's largest electronics retailer is learning how to compete online.
Retailers use big data to maximize revenue—that is to take as much of your money as they can. Why shouldn't you have the same power?
FRANKFURT, Nov 24- German labour union Verdi is preparing more strikes to step up pressure on Amazon, the world's biggest Internet retailer, in a dispute over pay and conditions, a newspaper reported. Amazon regards staff in Bad Hersfeld and Leipzig as logistics workers and says they receive above-average pay by the standards of that industry.
Google will offer a prepaid debit card in the U.S. that will allow consumers to purchase goods at stores and to withdraw cash from ATMs.
CNBC's Jim Cramer has an idea why sales have suffered of late at a trendy clothing retailer.
Nov 19- Chinese online retailer LightInTheBox Holding Co Ltd reported a bigger quarterly loss after its operating costs rose 50 percent and sales of its wedding and prom dresses declined, sending its shares down as much as 23 percent.
*Shares open at $39, above IPO price of $22. Nov 15- Shares of Zulily Inc, which runs a website that offers huge daily discounts on clothing, soared 88 percent in their debut, valuing the company at about $5.04 billion, as investors bet on niche businesses.
Nov 15- Shares of Zulily Inc, an online retailer of women and children's clothing, rose as much as 88 percent in their market debut, valuing the company at about $5.04 billion. The Seattle- based company raised $253 million after its initial public offering was priced at $22 per share, well above its expected price range of $18- $20.
*Face scans, heat sensors, phone signals used to track shopper. *Mobile ad spending seen tripling to $39 bln in 2018. BERLIN, Nov 15- The next time you walk into a shop, consider this:.
SAN FRANCISCO, Nov 13- Online daily deals service LivingSocial suffered a website outage that extended into a second day on Wednesday, leaving its customers with no way to log in to the struggling site.
Arrigo Berni, CEO of Moleskine, comments on the group's latest earnings, its focus on new consumer channels such as e-commerce and the how it's well-positioned for the Chinese middle-class expansion.
With shoppers turning more and more to the Web, discount retailers are lagging behind full-priced stores in their e-commerce presence.
It only took until lunchtime on China's main shopping holiday for consumers there to click their way to a new record for e-commerce sales, the FT reported.
Mark Natkin, Managing Director, Marbridge Consulting discusses the boom in China's online retail segment.
The world's biggest online shopping day takes place on Monday as China celebrates singlehood.