FedEx CEO Fred Smith said retailers' shortcomings contributed to the mess it faced over the holidays, according to a media report.» Read More
E-commerce spending surged 28 percent on Thanksgiving Day over last year, according to comScore. That’s almost triple the rate of growth on the holiday in 2009!
Stocks sank Monday as a strong start to the December holiday shopping season failed to counter investor concerns about the wider implications of debt burdens throughout Europe even as a final agreement was reached on Ireland's bailout fund. HP and Boeing slumped, while Bank of America rose.
Black Friday weekend, the Super Bowl of the holiday shopping season, is upon us. But in the frenzy of the weekend, it's easy to fall into some common traps. Here’s a primer on which pitfalls to avoid and tips on how to snag the best deals.
As the argument over whether states should impose sales tax on all online purchases heats up, a government organization released a report showing how much revenue each state could shave off its deficit if it imposed taxes on all Web and catalog sales.
Think business journalists are too timid? Look what happens when you go after a struggling firm.
A big rise in bank stocks combined with an influx of bargain hunters Monday helped stocks reverse much of the effects of last week's slump.
The guys go behind the headlines and give you their take on the dismal economics numbers that capped off the worst January ever. But there are still places where you can make fast money.
Stocks ended at session highs Wednesday, led by banks, amid enthusiasm for this so-called "bad bank" plan and as the $825 billion stimulus package neared approval.
Online retailers realize two things in this tough holiday season: They've got to get to customers earlier and longer. So, they started rolling out the deals early to beat their rivals to the punch.
Overstock.com and its outspoken leader are going after some big fish on Wall Street. Overstock Chief Executive Patrick Byrne has filed a $3.4 billion lawsuit against brokerage firms alleging a “massive, illegal stock market manipulation scheme.” The suit has left some power players fit to be tied, including Marketwatch.com columnist Herb Greenberg. As fate would have it, our cameras were rolling on Greenberg's fit.
Overstock.com, the online seller of excess inventory, on Wednesday said it entered a non-binding letter of intent to sell its OTravel.com travel unit to an unnamed third party, and that a resulting write-down will increase its 2006 net loss by $4.9 million.
Overstock.com on Friday said it sued at least 10 major U.S. brokerages, seeking $3.48 billion in damages for what it called their deliberate attempt to drive the online retailer's stock price down.
It killed eToys. It’s the great equalizer between brick and click retail. It’s shipping – and when the U.S. Postal Service didn’t satisfy demand, the United Parcel Service and Fedex saw their opportunity.