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Internet and Catalog Retail Internet Retail

  • Oct 13- Amazon.com Inc said it would hire more than 120,000 seasonal workers in the United States for the holiday season, 20 percent more than last year, highlighting the growing threat the e-commerce giant poses to traditional retailers. U.S. retailers such as Macy's Inc, Target Corp and Kohl's Corp have said they plan to hire fewer temporary workers or to keep...

  • CHICAGO, Oct 6- Wal-Mart Stores Inc said it plans to focus heavily on its e-commerce operations on Thursday and warned investors that the cost of the long-term plan would weigh on earnings over the next two years. "This company over time will look like an e-commerce company," Chief Executive Officer Doug McMillon told investors gathered at Wal-Mart's...

  • CHICAGO, Oct 6- Wal-Mart Stores Inc on Thursday tempered its profit forecast for the next two fiscal years and said it would slow new store openings as it spends heavily on a long-term plan to transform itself into an e-commerce company. "This company over time will look like an e-commerce company," Chief Executive Officer Doug McMillon told investors gathered at...

  • CHICAGO, Oct 6- Wal-Mart Stores Inc is accelerating its investment in e-commerce in a bid to narrow the gap with Amazon.com Inc and to give it an even more dominant position against the rest of the field in retail. "These additions definitely give Wal-Mart the opportunity to compete better than other companies going head-to-head with Amazon," said Steve Osburn,...

  • CHICAGO, Oct 6- Wal-Mart Stores Inc on Thursday tempered its profit forecast for the next two fiscal years due to investments in its online business, and the world's largest retailer said store openings would slow. Wal-Mart said it expected flat earnings for the year ending on Jan. 31, 2018, with capital expenditures of about $11 billion. Wal-Mart has accelerated...

  • CHICAGO, Oct 6- Wal-Mart Stores Inc on Thursday tempered its profit forecast for the next two fiscal years due to investments in its online business, and the world's largest retailer said store openings would slow. Wal-Mart said it expected flat earnings for the year ending on Jan. 31, 2018, with capital expenditures of about $11 billion. The company has...

  • Amazon shipping center

    Traders are loving Amazon more, according to data showing an increase in bullish mentions of the stock on Twitter.

  • BRUSSELS, Oct 4- Amazon is talking to European Union antitrust regulators about settling a year-long investigation into its e-book deals with publishers without a fine, a person familiar with the matter said on Tuesday. The move comes as Amazon is also under scrutiny over its tax deal with Luxembourg, which may result in the U.S. online retailer paying millions...

  • Facebook apologizes for alarming posts on Marketplace

    The tech giant says sorry for sex, drugs, weapons and other alarming posts on its new mobile app.

  • A woman checks the Facebook site on her smartphone.

    Facebook launched Marketplace to allow people to buy and sell items locally as the social media network tries new ways to keep users engaged.

  • Amazon stock hitting all-time highs

    Shares of the ecommerce giant continue to climb largely due to upbeat analyst notes.

  • Wal-Mart may invest in Indian online retailer Flipkart

    Sources say the company considers buying a minority stake in India's largest e-commerce firm.

  • MUMBAI/ HONG KONG, Sept 29- Wal-Mart Stores Inc is in talks to buy a minority stake in India's largest e-commerce firm Flipkart, two people familiar with the matter said, as the world's biggest retailer aims to break into a fast growing but highly competitive online retail market. Wal-Mart operates 21 wholesale stores in the South Asian country, but is discouraged...

  • An employee restocks a shelf in the grocery section of a Wal-Mart Supercenter

    Wal-Mart Stores Inc is in talks to buy a minority stake in India's largest e-commerce firm Flipkart, two people familiar with the matter said.

  • Wal-Mart operates 21 wholesale stores in the South Asian country, but is discouraged from setting up its own bricks-and-mortar shops by rules that limit foreign ownership for multi-brand retailers to 51 percent and the cost of setting up shops in a country as large as India. For Flipkart, a cash infusion from Wal-Mart would come in handy at a time when funding...

  • Amazon's retail reach

    Tom Forte, Maxim Group, and Kimberly Greenberger, Morgan Stanley, discuss the retail space and where Amazon is taking marketshare.

  • HONG KONG/ MUMBAI, Sept 28- Wal-Mart Stores Inc is in talks to buy a minority stake in India's largest e-commerce firm Flipkart, two sources familiar with the matter said, as the world's biggest retailer aims to get a slice of a fast-growing online retail market. He added Wal-Mart and Flipkart were also contemplating a collaboration that would see them leverage...

  • CHICAGO, Sept 23- Target Corp said on Friday its chief digital officer has left the company amid a company overhaul of its e-commerce operations to boost online sales and better compete with larger rivals such as Amazon.com Inc.. His role will be split between Chief Information Officer Mike McNamara and Chief Merchandising Officer Mike Tritton.

  • Sept 23- Many Yahoo users rushed on Friday to close their accounts and change passwords as experts warned that the fallout from one of the largest cyber breaches in history could spill beyond the internet company's services. "We're probably just going to dump Yahoo altogether," said Rick Hollister, 56, who owns a private investigation firm in Tallahassee,...

  • Sept 23- Many Yahoo users rushed on Friday to close accounts, some of which they had not used in years, after the internet company announced it suffered one of the world's largest cyber breaches. "We're probably just going to dump Yahoo altogether," said Rick Hollister, who owns a private investigation firm in Tallahassee, Florida. Rachel, a 33- year-old from...