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Internet and Catalog Retail Internet Retail

  • *Net profit to end-Jan year rises to 3.16 bln euros. LA CORUNA, Spain, March 15- The world's biggest clothing retailer, Zara owner Inditex, reported a 10 percent jump in annual net profit on Wednesday as strong growth in emerging markets and increased online presence outweighed negative currency effects. The company opened stores in 56 countries during the year,...

  • The deal will help Deezer compete better both in France and abroad with bigger rivals such as Spotify and Apple Music, while it will help Fnac-Darty, which competes with online retail giant Amazon, to improve its offering of music and video streamed online. In January 2016, Deezer raised 100 million euros from shareholders such as French telecoms group Orange...

  • Adele performs on stage in Cologne, Germany.

    Touts who bulk buy tickets online and resell them for inflated prices will be subject to “unlimited fines” under new plans laid out by U.K. Government.

  • Casper literally is helping consumers sleep easier at night, the CEO and founder explains to "On the Money."

  • PARIS, March 9- Luxury goods group LVMH will set up a new digital platform to host all of its brands, sources close to the matter told Reuters, as the French company steps up efforts to capitalise on the sector's online sales boom. "This platform should boost the visibility of the various LVMH brands," one of the sources said, adding that the site would also promote other...

  • We can drive top line 10-12 percent: Adidas CEO

    Adidas CEO Kasper Rorsted discusses earnings and how his company can close the gap with sportswear rival Nike.

  • Cashing in on fashion clicks reaps huge rewards

    Amber Venz Box, rewardStyle founder and CEO, discusses the power of digital influence and how consumers can now shop online via screenshot from their mobile device.

  • Why have 98% of shoppers aborted an online purchase?

    E-commerce platform Episerver says that missing information and lack of added content are among the reasons why online shoppers are terminating purchases.

  • Science fiction titles on display at the Waterstones book shop in Trafalgar Square, London.

    U.K. book retailer Waterstones' has adopted an usual approach to branding as it jostles with Amazon for market share.

  • BERLIN, March 2- German discount supermarket chain Aldi is planning to start online sales in China this month, hoping to appeal to Chinese consumers interested in German brands with a selection of wine, snack and breakfast products. An initial "soft launch" on March 20, which typically sees a product offered to a limited audience, will be followed by a full launch...

  • *Q4 comp sales drop 0.7 pct vs est. of 0.5 pct rise. March 1- Best Buy Co Inc on Wednesday reported an unexpected drop in same-store sales for the holiday quarter, the latest example of an electronics retailer struggling with waning demand and fierce competition from online stores. However, a tight lid on costs helped the company's net income increase 27 percent and...

  • BERLIN, March 1- Germany's Zalando announced the acquisition of streetwear retailer Kickz on Wednesday, bolstering its plans to shift from being a pure fashion e-commerce player to becoming a provider of logistics, technology and marketing to key brands. Zalando said the purchase of Munich- based Kickz, which runs 15 stores in Germany and websites that deliver...

  • Although its e-commerce operation is growing, Target reported its third straight quarter of lower sales from existing stores, citing "unexpected softness" and raising new questions about the health of large retailers in the United States. Target also forecast first-quarter profit short of Wall Street estimates. Shares sank 12.1 percent to $58.83, on track...

  • Although its e-commerce operation is growing, Target reported its third straight quarter of lower sales from existing stores, citing "unexpected softness" and raising new questions about the health of large retailers in the United States. Target also forecast first-quarter profit short of Wall Street estimates. Shares sank 12 percent to $58.84, on track for...

  • 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.

  • 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...