Aug 20- Staples Inc warned that its sales could fall in the current quarter as it sells fewer computers and core office supplies such as ink and toner in North America amid stiff competition from online retailers and big-box chains.» Read More
Aug 5- Office Depot Inc warned of weak sales this year as stiff competition from online and mass retailers erodes sales in its North American retail business. Office Depot and Staples Inc have seen their U.S. sales decline as online retailers such as Amazon.com and mass retailers like Wal-Mart Stores Inc attract shoppers with lower-priced offerings.
*Game Digital re-emerges after old firm nearly went bust. Although overall growth trends still firmly favor online shopping, higher share prices flag investor faith in chains such as UK video-game retailer Game Digital, electrical-appliance group Dixons, and Swiss Mobilezone.
NEW YORK, July 31- Alibaba Group Holding Ltd has invested $120 million in San Francisco- based mobile games studio Kabam, the latest in a string of U.S. investments intended to build up the Chinese online retailer's presence in the world's biggest Internet arena.
Bricks-and-mortar locations need to undergo a complete makeover to stay relevant 25 years down the line, experts said.
Facebook is killing off the Gifts remainder that allowed people to order digital gift cards through the site. Re/Code reports.
*Jumia adding retail sites for Uganda, Ghana and Cameroon. BERLIN, July 28- Online retailer Jumia, a would-be African Amazon set up by German venture capital firm Rocket Internet, is expanding into three new markets- Uganda, Ghana and Cameroon, the company said on Monday.
Chinese companies have been pouring money into Silicon Valley, joining a parade of financiers seeking to participate in the latest boom.
Amazon.com posted a loss that was wider than Wall Street expectations Thursday, sending shares lower in extended-hours trading.
While investors will be focused on Amazon's giant e-commerce business when it reports earnings Thursday, its future is tied to Prime.
Even with this week's weakness, Amazon.com stock has been outperforming rival retailers though it will likely face a fairly volatile trading day after it reports.
Facebook and Twitter face different growth scenarios, but both are now focusing their gaze on the same market: Retail.
With no fanfare, Amazon has released its own mobile payments app, called Amazon Wallet.
NEW YORK, July 17- Alibaba Group Holding Inc has pushed its highly anticipated IPO until after the September Labor Day holiday, a source with knowledge of the matter said, as the Chinese online retail company works through the complex process of launching what could the largest-ever U.S. tech debut.
SAN FRANCISCO, July 16- EBay Inc posted a 13 percent rise in quarterly revenue on Wednesday, as better-than-expected results from its fast-growing PayPal division helped the online retailer overcome increasing competition from Amazon.com Inc and a well-publicized cyber attack.
Visa Checkout is the latest effort to make the company relevant in a world of digital payments, reports Re/code.
Ebay earnings beat by a penny while revenue missed expectations. Shares rose after initially fluctuating in extended hours trading.
Amazon is working on a subscription that would offer unlimited access to e-books and audiobooks for $9.99 a month, according to a report in Gigaom.
Auction giant Christie's reported a record first half, with art sales jumping 12 percent to $4.5 billion.
Gen Z's entrepreneurial spirit and digital savvy may cause problems for retailers who stick to business as usual.
The recent rally in tech stocks has lacked one notable Internet name: eBay.