The founder of Alibaba promised Donald Trump the Chinese e-commerce giant will create one million US jobs.
Yahoo, Valeant, and Alibaba stocks are making headlines this Tuesday morning on Wall Street.
HONG KONG, Jan 10- China's Alibaba Group Holding Ltd is leading a $2.6 billion bid to privatize Intime Retail Group Co Ltd in a move to digitize brick-and-mortar department stores while growth in online sales begins to slow. Alibaba Investment Ltd and Intime founder Shen Guojun have offered HK $10 per Intime share- 42.25 percent over the HK $7.03 price when...
After Mindy Grossman took the helm of HSN, she cleaned house and drew her inspiration from an unlikely source.
Sophie Michael, head of retail and wholesale at BDO, weighs in on the U.K.'s shopping patterns over the December period.
Trader Jack Ablin sums up the mass destruction retailers are experiencing right now in one neat little chart.
NEW YORK, Jan 5- The S&P 500 closed slightly lower on Thursday weighed by financial shares and as investors dumped traditional retailers, but the Nasdaq Composite set a record closing high led by the strength of online retailer Amazon.
Jan 5- Disappointing holiday-season sales at Macy's Inc and Kohl's Corp underscored the uphill task facing department stores to win back shoppers, who are increasingly turning to online retailers and spending less on apparel. Macy's shares fell as much as 14 percent on Thursday, their biggest percentage drop in seven months. Macy's, known the world over for its...
Amazon plans to open a physical bookstore in the middle of Manhattan sometime in 2017.
The "Squawk on the Street" crew discuss the holiday retail rout for Macy's and Kohl's.
Jan Kniffen, J. Rogers Kniffen Worldwide Enterprises CEO, gives his predictions for the retail sector this year.
Jan 4- Amazon.com Inc shipped 50 percent more items during the past holiday season than the prior year for third-party vendors and doubled the amount for 2016 overall, the world's largest online retailer said on Wednesday. The data may offer hope to investors looking for Amazon to post a profit for the fourth quarter when it announces results in the coming weeks.
The ecommerce giant aims to take on Nike and Under Armour in the activewear market.
Amazon has quietly developed its own brands of suits, dresses and shoes. Yoga pants and running tights could be next.
Alphabet, Amazon, and Hershey stocks are making headlines on Wall Street this Wednesday.
Amazon.com shipped 50 percent more items this holiday season than last for third-party vendors and doubled the amount for 2016 overall.
Tony Shiret, senior analyst at Haitong Securities, adds that shares in the U.K.-based clothing retailer may recover some ground during the day's trading.
They've been deemed the "world's most comfortable shoes," but this brand of unknown sneakers has found fame online and in Silicon Valley.
Mylan, Lockheed Martin, Amazon, and Wal-Mart stocks are making headlines on the last day of trading for 2016.
CHICAGO, Dec 27- A jump in consumer spending in the final stretch of December significantly offset a slow start to the U.S. holiday shopping season, and is likely to help many retailers beat sales forecasts, industry research groups said on Tuesday. Spending over the Thanksgiving weekend in November fell 3.5 percent from a year ago despite a strong jump in online...