Sizing up Lululemon and Under Armour amid holiday shopping season, with CNBC contributors Stacey Widlitz and Jan Kniffen; and BuzzFeed's Sapna Maheshwari.» Read More
*Haier Electronics shares up 20 pct at 14- yr high. HONG KONG/ BEIJING, Dec 9- Alibaba Group will invest HK $2.82 billion in appliance maker Haier Electronics Group Ltd in a deal aimed at expanding the Chinese e-commerce giant's logistics reach to the millions of consumers in China's vast interior.
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.
NEW YORK-- Shares of J.C. Penney slumped Wednesday even though the department store operator reported strong growth in an important sales measurement. THE BIG PICTURE: J.C. Penney Co. Inc. said online sales also improved compared to November 2012. SHARE ACTION: Shares of J.C. Penney lost 42 cents, or 4.2 percent, to $9.69 in afternoon trading.
Dec 3- Jeff Bezos' plan to deliver Amazon.com packages by drone isn't just an idea which skirts the line between satire and reality. The online retailer is testing delivery by unmanned flying vehicle, Bezos, Amazon.com founder and CEO, told CBS TV show 60 Minutes on Sunday.
U.S. online sales are expected to hit $2 billion on "Cyber Monday," for the first time since comScore has been tracking such information.
NEW YORK, Dec 2- U.S. online sales are expected to hit $2 billion on "Cyber Monday," for the first time since the data firm comScore began tracking such information.
Mark Mahaney, Internet Analyst at RBC Capital Markets explains what's driving the shoppers' migration from offline to online with mobile platform also gathering pace.
Sucharita Mulpuru-Kodali, Forrester Research, and Jonathan Rettinger, TechnoBuffalo, provide their thoughts on the future of brick and mortar stores, as online sales keep ticking up.
CNBC's Jon Fortt tracks the retail numbers on one of the busiest online shopping day of the year.
Wal-Mart Stores Inc, Target Corp, Toys R Us, Macy's Inc, J.C. Penney Co Inc and Best Buy Co Inc were among the brick-and-mortar chains that started their online deals early. "All of them are behind Amazon, but some are starting to catch up," said Edward Jones analyst Brian Yarbrough.
Michelle Peluso, Gilt CEO, provides her thoughts on online luxury sales this holiday season and why her company is not "in a rush" to go public.
CNBC's Courtney Reagan and Jon Fortt have the update on the numbers behind this holiday shopping season.
The news that Amazon would deliver by drones generated widespread buzz that spilled over into Cyber Monday, the busiest online shopping day of the year.
To compete with each other and powerhouse Amazon.com Inc, many U.S. retailers began offering some of the season's best online deals, which were traditionally reserved for the Monday after Thanksgiving, several days ago.
Eric Abensur, CEO of Venda, comments on Cyber Monday and reveals that tablets are changing the way people are shopping, especially older generations, whose online spending is "stunning."
Harvey Kanter, Blue Nile president & CEO, shares his thoughts on the growth in online sales in jewelry.
Big tech companies are offering consumers big discounts both online and in stores, reports CNBC's Josh Lipton
The U.S. Supreme Court declined to decide whether Internet retailers need to collect sales taxes in states where they have no physical presence.
WASHINGTON, Dec 2- The U.S. Supreme Court declined on Monday to tackle the long-standing question of whether Internet retailers like Amazon.com Inc should be required to collect sales taxes in states where they have no physical presence.
Victor Anthony, Topeka Capital Markets internet analyst, explains why he thinks eBay is headed higher.