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  • MADRID, March 9- Inditex, the world's biggest clothing retailer, reported strong sales growth for the first five weeks of its new financial year and said the pace of store openings would slow as part of a broader trend of sales moving online. Inditex will focus store openings on flagship sites in prime locations like the three-floor Zara store opened in a 19th...

  • PARIS, March 7- Online fashion retailer Yoox Net-a-Porter said on Monday it would adopt IBM's software to manage orders, replacing technology developed by Yoox and Net-a-Porter prior to their merger in October. Adopting a single IT platform marks a further step in the integration of the two companies, allowing them and individual client brands to monitor...

  • LONDON, March 6- As online deliveries surge and shop sales fall, Britain's retailers are looking to refit their once bustling superstores with new attractions such as rivals' fashion brands to fill empty spaces and keep shoppers coming through the door. It's a bit like a shopping mall where you can come and look at different things, "said healthcare worker...

  • IBM sues Groupon

    International Business Machines files a lawsuit against the online deals site alleging infringement of its patents.

  • ABUJA, March 3- Africa Internet Group, a Nigerian e-commerce group, has secured further funding worth a total of 225 million euros from investors including Goldman Sachs, South African telecoms group MTN and Germany's Rocket Internet, it said on Thursday. The additional investment by MTN, which bought a 33 percent stake in AIG in 2014, comes despite the current...

  • Online sales are a highlight: Ahold CEO

    Dick Boer, CEO of Ahold, says the Dutch retailer's online sales are a highlight of the latest earnings results and U.S. markets are doing well.

  • NEW YORK, March 2- Target Corp said on Wednesday it will invest $2- $2.5 billion annually starting 2017, mainly to upgrade its supply chain and technology infrastructure, as it races to reduce stock shortages and pushes for online growth. Ramping up online sales growth and fixing a supply chain network blamed for stock shortages and disappointing sales growth...

  • In a message to investors after Luxottica reported results on Tuesday, Del Vecchio said he had not resumed a leading role because the group was in trouble, but to grow its retail and e-commerce businesses as well as top brands Oakley and Ray-Ban. "In a few years, my plan is to return to my previous role of non-executive chairman and shareholder," Del Vecchio said,...

  • March 2- Teen apparel retailer Abercrombie& Fitch Co reported a surprise increase in quarterly sales at established stores due to demand for its Hollister branded clothing and strong online sales in the holiday shopping season. The retailer's shares rose about 6 percent to $31.14 in premarket trading on Wednesday. Net sales fell 0.6 pct to $1.11 billion, shy of...

  • Shares of the company, known for its quirky and colorful satchels and totes, rose as much as 6.7 percent to $21.15 in early trading on Tuesday. Kate Spade has been focusing on the kate spade new york brand and investing in its online business, strategies that analysts say have helped the company fight the effects of a slowdown in the handbag market in North America.

  • Goldman Sachs puts employee linked to Trump on leave

    A financial adviser at the bank has been places on unpaid leave.

  • Sears fading away to benefit J.C. Penney: Pro

    Discussing J.C. Penney's turnaround in the retail sector, and what would happen if long-time rival Sears were to completely shut up shop, with Jan Kniffen, CEO of J Rogers Kniffen WWE.

  • J.C. Penney on a comeback

    CNBC's Courtney Reagan talks with J.C. Penney CEO, Marvin Ellison, in his first television interview about the future of the company and how they plan to compete in the changing retail landscape.

  • The prices you see while shopping on the Web are aren't always the same as the deals displayed to others. Here's how to stop it.

  • LONDON, Feb 29- Amazon has launched its biggest foray into food outside of the United States with a deal in Britain to offer fresh and frozen goods to customers, in some places as quickly as under one hour, in a deal with supermarket Morrisons. Enabling the online retail giant to compete with Britain's biggest supermarket stores and smallest local shops, the deal...

  • LONDON, Feb 29- Online retailer Amazon is set to enter the British fresh food market after striking a supply deal with supermarket Morrisons, potentially ramping up competition in the already cut-throat sector. Morrisons, Britain's fourth biggest supermarket, said on Monday the deal would allow Amazon Prime Now and Amazon Pantry customers access to...

  • LONDON, Feb 29- Amazon has struck a wholesale supply deal with British supermarket Morrisons that will help the online retailer step up its food offering in Britain with fresh and frozen products. Morrisons, Britain's fourth biggest supermarket, said on Monday the deal would allow hundreds of Morrisons products to be available to Amazon Prime Now and Amazon...

  • Barbie Toy Fair

    In a time of high-tech playthings and Wi-Fi connected gadgets, tiny appears to be trending in toys.

  • SAN FRANCISCO, Feb 25- Amazon.com Inc said on Thursday it will support Apple Inc's fight against a magistrate's order, which requires it to help the U.S. Federal Bureau of Investigation break into a San Bernardino shooter's iPhone. An Amazon spokesman said the company was still working on its "amicus options." The online retailer joins Alphabet Inc's Google,...

  • Feb 25- Sears Holdings Corp has found it harder to compete, in part because of moves to increase the minimum wage and different tax rules for online retailers like Amazon.com Inc, Chief Executive Officer Eddie Lampert said on Thursday. In an annual letter to shareholders, Lampert described a U.S. operating environment stacked in some ways against traditional...