Amazon.com's better-than-expected profit margins surprised Wall Street, prompting at least five brokerages to raise their price targets on the world's largest Internet retailer's stock on Wednesday.
Amazon.com's better-than-expected profit margins surprised Wall Street, prompting at least five brokerages to raise their price targets on the world's largest Internet retailer's stock on Wednesday.
Barnes & Noble expects to shut down as many as a third of its retail stores over the next decade, the chief executive of its retail group told The Wall Street Journal.
Retailers should be buzzing right now with holiday gift card redemptions. But, there's early evidence retailers aren't getting much of a boost from gift cards this year, according to NBG Market Analyst Brian Sozzi.
Google and Amazon are waging a war to become the pre-eminent online mall. And e-commerce sites large and small are caught in the cross-fire, the New York Times reports.