The Chinese e-commerce giant is under investigation by US regulators over a possible violation of federal securities laws. » Read More
Victor Anthony, Axiom Capital Management, discusses Amazon's retail dominance as the e-commerce company seeks to ease ties with UPS and grow its content library.
Online sales grew 20 percent in the holiday season this year, MasterCard Advisors, which tracks customer spending, said in a report on Monday. "The double-digit growth in furniture sales... shows that consumers are willing and able to splurge on big ticket items," Sarah Quinlan, senior vice president of Market Insights at MasterCard Advisors, said in the report.
Prime service has more than 3 million members join during this third week of December.
Cow dung sales spike during the Diwali season
Amazon typically plays its customer data close to the chest, but on Monday, it let a few figures about its Prime service trickle out.
CHICAGO/ NEW YORK, Dec 24- Retailers are struggling to meet even modest forecasts for the holiday shopping season this year after the "Super Saturday" before Christmas failed to live up to its nickname, industry research groups said. This year Super Saturday weekend sales in stores and online rose 4 percent to $55 billion, after a 2.5 percent gain last year,...
Tamara Gaffney, Adobe Digital Index, provides the stats on mobile buying as online sales growth continues to outpace brick and mortar shopping.
The online retailer's growth might mean game over for the competition, Macquarie Capital analyst Ben Schachter tells CNBC.
Discussing the significance of this Amazon Prime for the company's profits, with Ben Schachter, Macquarie Capital analyst.
Flared track pants and tracksuits will be trendsetters next season outside the gym as 'athleisure' gains momentum.
The world's most famous band will finally be available on streaming music services, starting this Thursday, Christmas Eve, Re/code reports.
Amazon Prime is offering one hour delivery for $7.99 for the super procrastinators this holiday season, reports CNBC's Mary Thompson.
Patrick McInnis, Fathead CEO, says Fathead sales have been able to predict the winners of the past two elections. And McInnis talks about the company's top seller right now - "Star Wars," and mobile trends which comprise nearly 60-percent of their traffic.
The Chinese online retail giant recruits an ex-Apple investigator to fight fakes.
Workers at German warehouses are on a new strike as part of a long-running dispute over pay and conditions.
*800 new permanent warehouse jobs in Germany in 2016. BERLIN, Dec 21- Workers at German warehouses of U.S. online retailer Amazon.com Inc were called out on a new strike by labor union Verdi on Monday as part of a long-running dispute over pay and conditions. Germany is Amazon's second-biggest market after the United States with 10,000 warehouse staff plus more...
BERLIN, Dec 21- Workers at German warehouses of U.S. online retailer Amazon.com Inc were called out on a new strike by labor union Verdi on Monday as part of a long-running dispute over pay and conditions. Germany is Amazon's second-biggest market after the United States with 10,000 warehouse staff plus more than 10,000 seasonal workers. The vast majority of our...
The e-commerce giant is in talks to lease 20 Boeing 767 jets.
LONDON, Dec 16- Black Friday is firmly entrenched in Britain, consumer electricals and mobile phone retailer Dixons Carphone said, though many opted to shop online this year rather than head to the shops for the United States imported discount event. Despite lower shopper numbers in stores overall, Black Friday this year, which fell on Nov. 27, still delivered...
NEW YORK, Dec 15- Thirty online retailers have agreed to stop selling authentic-looking toy guns to New York residents, the state attorney general said on Tuesday. Tuesday's announcement comes four months after Amazon, Wal-Mart Stores Inc, Sears Holding Corp's Kmart and Sears chains, and California- based online retailer ACTA agreed to pay more than $300,000 to...