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  • LONDON, Jan 22- British fashion retailers will switch their spending firepower to technology from the high street in 2017 after online shopping became the key driver of sales growth over the all-important festive period. "They will have to invest in infrastructure and it will weigh on margins, but if you get it right you have a profitable online business," said one...

  • Jan 20- Amazon.com Inc has put its popular Dash button on its website and mobile app, making it easier for shoppers to buy their favorite items such as peanut butter, detergent and paper towels. The online retailer launched its thumb-sized Dash button in 2015, allowing Prime members to re-order products such as Tide detergent, Huggies diapers and Gillette...

  • Jan 20- Amazon.com Inc has put its popular Dash button on its website and mobile app, making it easier for shoppers to buy their favorite items such as peanut butter, detergent and paper towels. The online retailer launched its thumb-sized Dash button in 2015, allowing Prime members to re-order products such as Tide detergent, Huggies diapers and Gillette...

  • Amazon Inc. Dash button.

    The e-commerce leader just unveiled digital versions of its Dash buttons. Recode reports.

  • NEW YORK— Target cut its fourth-quarter profit and sales outlook after sluggish holiday traffic in its stores and weak sales in key areas like electronics and food offset a surging online business. Macy's, Sears and others have announced store closings and layoffs. The Minneapolis- based discounter said the costs associated with bolstering its online...

  • Jan 17- Limited Stores LLC, parent of U.S. women's apparel chain The Limited, said on Tuesday it filed for bankruptcy, the latest brick-and-mortar retailer to reorganize as shoppers shift to fast-fashion retailers and online competitors. Sun Capital Partners Inc, the private equity owner of Limited Stores LLC, disclosed on Friday in a letter to investors that...

  • EBay CEO: We are watching Trump's trade evolution

    Devin Wenig, eBay CEO, shares his thoughts on free trade and President-elect Trump's immigration plan.

  • The jobs will come from the opening of 59 new, expanded and relocated Wal-Mart and Sam's Club locations as well as e-commerce services that were previously announced. "Everyone is trying to curry favor with the new administration in terms of getting a better corporate tax landscape and gaining favor with the new administration," said Ken Perkins, president of...

  • A new IKEA store under construction in Florida. The furniture giant said Monday that after the three deaths of three children it is no longer selling its "Malm" series products.

    The furniture retail giant explains to CNBC its U.S. growth strategy.

  • Jan 13- Wal-Mart Stores Inc on Friday announced a management shuffle that integrates the running of its physical outlets and online operations, and extends broader authority to the former head of online retailer Jet.com, which Wal-Mart bought for $3.3 billion last year. Tony Rogers, the chief marketing officer of Wal-Mart in the United States, will now also...

  • Sales rose 4 percent to about $658.3 billion, according to The National Retail Federation. The report is partly backed by a Commerce Department report also showing sales increases in December, notably in auto buying and online shopping. The National Retail Federation bases its report on data from the Commerce Department.

  • WASHINGTON— Americans stepped up their auto buying and online shopping in December, reflecting a boost in confidence after the election and a solid increase in pay. Retail sales rose a seasonally adjusted 0.6 percent, following a small 0.2 percent gain in November, the Commerce Department said Friday. "Retail sales appear healthy enough, but looking past the...

  • TRENTON, N.J.— Officials with Amazon have announced that the popular online retailer plans to add 2,500 new full-time jobs in New Jersey over the next year and a half. New positions are also available in Washington, Texas, California, Kentucky, Illinois and Florida. Amazon already employs a total of 11,000 workers at seven sites in New Jersey.

  • A man walks past a Macy's department store on January 5, 2017, in Washington, DC.

    The department chain's closures can be attributed to complacency, not online shopping competition, says Recode's Jason Del Ray.

  • LONDON, Jan 12- John Lewis, Britain biggest department store group, said it needed to invest heavily in its online business this year after 40 percent of total sales came from the internet over Christmas, showing the speed of change ripping through the retail industry. The planned investment and the impact of a weaker pound since Britain voted to leave the...

  • A pedestrian passes in front of the new Amazon Go grocery store in Seattle.

    CNBC's Deirdre Bosa reports on Amazon's big job creation announcement.

  • A worker at an Amazon shipping center in Schertz, Texas.

    The move would bring the e-commerce giant's workforce to more than 280,000.

  • LONDON, Jan 12- Britain's biggest department store John Lewis said it needed to invest heavily in its online business this year after 40 percent of total sales came from the internet over Christmas, showing the speed of change ripping through the industry. The drive to make online shopping fit more easily into customers' lives has ramped up sales and put Britain...

  • NEW DELHI— India's foreign minister has demanded an apology from online retail giant Amazon.com Inc. for selling doormats depicting the Indian flag through its Canadian retail website. Amazon sells similar mats showing flags of the U.S., U.K., Canada and other countries. Swaraj ordered the embassy in Canada to take up the matter with Amazon "at the highest level.

  • Amazon unveils Prime credit card with 5% back

    The tech giant launches a new rewards credit card for Prime members that combines 5% back with other perks.