Investors welcomed the higher-than-expected revenue, sending the firm's American Depository shares up 3.7 percent to $78.60 by 1435 GMT. "Whatever they are doing must be working, and most importantly it's a sign that the Chinese consumer may not be weakening quite yet," said Gil Luria of Wedbush Securities. Its online finance affiliate Ant Financial Services... » Read More
The online retail giant released a marketing video of its Prime Air delivery system, featuring Top Gun's Jeremy Clarkson.
More consumers opted to purchase online than in-store this year.
John Rogers, CFO of Sainsbury's, talks about the importance being price-competitive in the online market.
After months of uninspiring sales growth and recent disappointments from Macy's and Nordstrom, shareholders of apparel sellers have had little to be thankful for and face a challenging holiday season. Shares of Macys and Nordstrom have reflected a shift by consumers away from discretionary items like designer-label clothes and cosmetics toward online...
Nov 29- U.S. holiday shopping is on track for a modest 3.7 percent rise this year after strong turnout during the Thanksgiving and Black Friday weekend and thanks to strong online sales, the National Retail Federation said on Sunday after releasing an annual consumer poll. NRF Chief Executive Officer Matt Shay said that he was encouraged by signs of improving...
Nov 29- An equal number of U.S. shoppers sought to buy items online as they did in physical stores over the Thanksgiving weekend, according to a closely watched survey by the leading retail industry lobby, highlighting the growing importance of e-commerce during the crucial holiday shopping season. In releasing its survey on Sunday, the National Retail...
Neiman Marcus shoppers hoping to scoop up Black Friday deals were instead greeted with an error message.
Apple is not giving Black Monday deals. Gene Munster, Piper Jaffray, discusses the strength of Apple's ecosystem into the holiday season. Munster says more people are buying phones on an annual basis.
Discussing the potential hit to Apple after not participating in Black Friday sales, tech sales into the holiday season, with Mark Gurman, 9to5Mac senior editor.
Re/code's Kara Swisher, discusses the ease of shopping online and via mobile this Black Friday, and the impact to brick and mortar shops. Swisher also weighs in on a new lawsuit against Sumner Redstone.
LONDON, Nov 27- Britons splashed out on "Black Friday" bargains on Friday but many opted to go online rather than head to the shops for an event imported from the United States that has become a key feature of the UK retail calendar. Researcher Conlumino is forecasting the event will generate UK sales, both in stores and online, of 1.6 billion pounds, up 20 percent on...
CNBC's Josh Lipton, goes inside eBay's war room to check out what's all the rage this holiday season.
Gerald Storch, Hudson's Bay CEO, weighs in on the pulse of the luxury shopper at Lord & Taylor and Saks, and provides an outlook on holiday shopping.
E-commerce companies are racing to embrace mobile platforms in India.
LONDON, Nov 27- Britons chased "Black Friday" shopping bargains on Friday with initial signs that many were going online rather than heading to stores for an event imported from the United States. Retail researcher Conlumino is forecasting the event will generate UK sales, both in stores and online, of 1.6 billion pounds, up 20 percent on 2014..
Zak Edwards, CEO of Prezzybox.com, talks about the importance of Black Friday for raising brand awareness and creating new customers.
Simon Belsham, CEO at NotOnTheHighStreet.Com, discusses the impact of technology and the internet on trade and the traditional shopping experience.
PITTSBURGH/ CHICAGO, Nov 26- Retailers across the United States offered early Black Friday discounts to lure bargain-hunters on Thanksgiving eve, but initial checks showed crowds in brick-and-mortar stores were subdued even as online sales jumped. At the Toys R Us in New York's Times Square, a line of about 200 shoppers, hemmed in by barricades, stretched to the...
PITTSBURGH/ NEW YORK, Nov 26- Retailers across the United States offered early Black Friday discounts to lure bargain-hunters on Thanksgiving eve, but crowds in brick-and-mortar stores were subdued even as online sales jumped. "I can wait until tomorrow but it's more exciting today," said Daipayan Deb, a shopper in his mid-thirties at a packed Wal-Mart...
Justin Norwood, product strategist at IBM, talks about how technology and apps can help consumers buy gifts ahead of the busy Christmas period.