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Internet and Catalog Retail Internet Retail

  • Feb 28- Target Corp shares plunged on Tuesday after executives issued a full-year profit forecast that fell well below analyst estimates and said the retailer would lower prices to compete with deep-discounting rivals. Although its e-commerce operation is growing quickly, Target reported its third straight quarter of lower sales from existing stores,...

  • Jeff Bezos

    Amazon's affiliate program - where bloggers get paid when someone purchases something from a specific link - won't pay out as much, The Verge reports.

  • Vachetta Tan from Nike

    Sneaker collecting is a unique economy filled with product-flippers, scam artists and entrepreneurs who seek to cash in on big demand.

  • Feb 24- Department store operator J.C. "We believe closing stores will also allow us to adjust our business to effectively compete against the growing threat of online retailers," Chief Executive Officer Marvin Ellison said in a statement. Penney said it expected annual savings of about $200 million from the cost-cutting measures, and would take a related...

  • SAO PAULO, Feb 23- Via Varejo SA, Brazil's largest appliance retailer, posted pro forma fourth-quarter net income of 13 million reais on Thursday, boosted by a hefty tax benefit along with cost savings from the integration of online unit Cnova Brasil. Units of Via Varejo, a blend of preferred and common shares, rose 3 percent on the Sao Paulo stock exchange.

  • NEW YORK— Kohl's Corp. on Thursday reported a drop in fiscal fourth-quarter profit as sales declined, but the performance still topped Wall Street's expectations and the retailer raised its quarterly dividend. Kohl's and its competitors have been facing a tougher market with more competition from online retailers as consumers increasingly enjoy the ease...

  • BERLIN, Feb 22- Swedish investment company Kinnevik said on Wednesday it is selling at least half of its 13 percent stake in German e-commerce investor Rocket Internet. Kinnevik said in a statement it planned to sell 10.9 million shares via a placing but it reserved the right to increase that amount. However, some investors have become concerned over heavy...

  • CHICAGO, Feb 21- Wal-Mart Stores Inc reported higher-than-expected U.S. sales on Tuesday for the crucial holiday quarter as its low prices attracted more customers to its stores and online activity accelerated. Wal-Mart said it expected earnings per share of 90 cents to $1 for the current quarter and $4.20 to $4.40 for this fiscal year. A delay in refund checks...

  • CHICAGO, Feb 21- Wal-Mart Stores Inc on Tuesday reported higher-than-expected U.S. sales, helped by more customer visits to its stores and accelerating online activity, and shares of the world's largest retailer rose more than 3 percent. Wal-Mart said it expected earnings per share of 90 cents to $1 for the current quarter and $4.20 to $4.40 for this fiscal year.

  • CHICAGO, Feb 21- Wal-Mart Stores Inc on Tuesday reported higher-than-expected U.S. sales, helped by more customer visits to stores and accelerating online activity, and the world's largest retailer's shares rose more than 3 percent. Net income attributable to Wal-Mart fell to $3.76 billion in the fourth quarter ended Jan. 31 from $4.57 billion a year earlier,...

  • CHICAGO, Feb 21- Wal-Mart Stores Inc on Tuesday reported higher-than-expected U.S. comparable sales, driven by higher customer traffic to stores and accelerating online activity, and the world's largest retailer's shares rose more than 2 percent. Net income attributable to Wal-Mart fell to $3.76 billion in the fourth quarter ended Jan. 31 from $4.57 billion a...

  • NEW YORK— The nation's largest retailer keeps working to make headway against the largest online seller. Macy's reported another quarter of sluggish sales, even as it's been scrambling for new ways to bring shoppers in and beef up online services. And Target Corp., one of Wal-Mart's main rivals, warned last month of weak sales for the holiday season.

  • CHICAGO, Feb 21- Wal-Mart Stores Inc reported higher-than-expected global comparable sales on Tuesday, helped by a rise in online sales and higher traffic at Wal-Mart and Sam's Club stores. Net income attributable to the world's largest retailer fell to $3.76 billion, or $1.22 cents per share, in the fourth quarter ended Jan. 31 from $4.57 billion, or $1.43 per...

  • BEIJING, Feb 20- China's Alibaba Group Holding Ltd said it formed a strategic partnership with Bailian Group, the largest retailer by store numbers to join the e-commerce giant's drive to use big data to improve and profit from brick-and-mortar sales. It has also spent $4.6 billion on a minority stake in appliances retailer Suning Commerce Group Co Ltd, is...

  • LONDON, Feb 20- Online retailer Amazon is set to create more than 5,000 jobs in Britain this year, the company said on Monday, boosting its investment in the country once more even as it prepares to leave the European Union. Amazon, along with other tech giants such as Google and Apple, has increased its commitment to Britain in the last year, saying Britain's...

  • Amazon hints at number of Prime members in annual report

    Analysts use annual report to estimate the number of Amazon Prime subscribers the company may serve.

  • Feb 15- Wal-Mart Stores Inc has acquired online outdoor clothing and gear retailer Moosejaw for $51 million in an all-cash deal, the company said on Wednesday, as it works to boost its competitive standing in U.S. e-commerce. In August 2016, the world's largest retailer paid more than $3 billion to acquire online startup Jet.com and in late December, Jet.com...

  • NEW YORK— Wal-Mart has acquired the outdoor clothing and gear seller Moosejaw for $51 million as it expands its online offerings. Wal-Mart says Madison Heights, Michigan- based Moosejaw, which is largely online and sells more than 400 brands, will keep operating its site and stores. Bentonville, Arkansas- based Wal-Mart also purchased online marketplace...

  • Stocks to Watch: February 13, 2017

    Apple, Walt Disney, and Sears stocks are making headlines this Monday morning before the opening bell.

  • Ivanka Trump

    Sears and Kmart added to recent defections from Trump-branded products, discontinuing online sales of Trump Home items, amid ethics concerns.