Staples confirmed on Friday a data breach that may have affected up to 1.2 million cards.» Read More
Dec 4- Hackers may have stolen credit and debit card data from women's apparel retailer Bebe Stores Inc during Thanksgiving and Black Friday, security blog KrebsOnSecurity reported, citing data collected from several financial institutions and at least one underground cybercrime shop. It is not clear if the apparent breach at Bebe Stores is ongoing or...
Jim Cramer was really shocked by Google's stock on Thursday. But can Amazon and Netflix keep up with the competition?
Lower oil prices mean challenges for oil companies, but the retail, airline and auto industry may see a boost to their bottom line.
Sears reported a quarterly net loss of $548 million, and the retailer said it had nearly doubled its planned store closures to cut costs.
Amazon's new line of diapers and baby wipes only raises merchants' fears it plans to compete directly with sellers on its site. Re/code reports.
Integrating the online and physical shopping experiences can be table stakes for retailers. So why are so many playing catch up?
European stocks weakened and the euro shot higher as the ECB chief implied any initiative to purchase sovereign debt isn't imminent.
Shares of Sears were down 1.2 percent at $33.85 in early trading on the Nasdaq. Sears, which has been selling off assets and closing stores in an attempt to return to profitability, said last month it was expecting a net loss attributable to shareholders of between $590 million and $630 million for the fiscal third quarter ending Nov. 1. Sears recorded a net loss of...
Sears had said that it was expecting a loss of $590 million- $630 million attributable to shareholders for the third quarter ended Nov. 1. Over the past year, Sears has also separated its Land's End clothing business and shut some Kmart and Sears stores. Sears said last month it might sell up to 300 stores to a newly created real estate investment trust, which would...
The person was not authorized to publicly discuss the Sony probe and requested anonymity. The hacking launched on Nov. 24 came a month before the entertainment unit at Sony Corp is due to release "The Interview," a comedy starring James Franco and Seth Rogen as two journalists recruited by the CIA to assassinate North Korean leader Kim Jong Un.
Wal-Mart CEO Doug McMillon also tells CNBC the explosion of e-commerce has created a revolution in retailing.
Some of the names on the move ahead of the open.
Dec 2- A federal judge on Tuesday rejected Target Corp's bid to dismiss a lawsuit by banks seeking to recoup money they spent reimbursing fraudulent charges and issuing new credit and debit cards because of the retailer's late 2013 data breach. District Judge Paul Magnuson in St. Paul, Minnesota said Target played a "key role" in allowing hackers to infiltrate its...
Rent the Runway on Tuesday launched a capsule collection of ugly holiday sweaters.
Ben Lichtenstein, President and Founder of Traders Audio, expects the U.S. stock market to seek value higher ahead of jobs data.
*Slump in Apple weighs on overall market. NEW YORK, Dec 1- U.S. stocks fell in a broad decline on Monday, with the S&P 500 suffering its biggest one-day drop in more than a month, as economic data indicated weakness across the globe and the holiday shopping season got off to a tepid start. Apple Inc was one of the biggest weights on the session, falling 3.2 percent to...
Some of Monday's midday movers:
Bricks-and-mortar retailers, which have attacked Amazon for profiting from what they call a sales tax loophole, now target Alibaba. FT reports.
Brian Sozzi does some Monday morning quarterbacking on how his "5 Things to Watch on Black Friday" turned out.
December kicks off with weak data from China and Europe and generally disappointing Black Friday weekend sales in the United States.