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Internet and Catalog Retail Internet Retail

  • 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...

  • CHICAGO, Feb 21- Wal-Mart Stores Inc reported higher-than-expected U.S. sales on Tuesday for the crucial holiday quarter as its low prices attracted more customers to its stores and online activity accelerated. Wal-Mart said it expected earnings per share of 90 cents to $1 for the current quarter and $4.20 to $4.40 for this fiscal year. A delay in refund checks...

  • CHICAGO, Feb 21- Wal-Mart Stores Inc on Tuesday reported higher-than-expected U.S. sales, helped by more customer visits to its stores and accelerating online activity, and shares of the world's largest retailer rose more than 3 percent. Wal-Mart said it expected earnings per share of 90 cents to $1 for the current quarter and $4.20 to $4.40 for this fiscal year.

  • CHICAGO, Feb 21- Wal-Mart Stores Inc on Tuesday reported higher-than-expected U.S. sales, helped by more customer visits to stores and accelerating online activity, and the world's largest retailer's shares rose more than 3 percent. Net income attributable to Wal-Mart fell to $3.76 billion in the fourth quarter ended Jan. 31 from $4.57 billion a year earlier,...

  • CHICAGO, Feb 21- Wal-Mart Stores Inc on Tuesday reported higher-than-expected U.S. comparable sales, driven by higher customer traffic to stores and accelerating online activity, and the world's largest retailer's shares rose more than 2 percent. Net income attributable to Wal-Mart fell to $3.76 billion in the fourth quarter ended Jan. 31 from $4.57 billion a...

  • CHICAGO, Feb 21- Wal-Mart Stores Inc reported higher-than-expected global comparable sales on Tuesday, helped by a rise in online sales and higher traffic at Wal-Mart and Sam's Club stores. Net income attributable to the world's largest retailer fell to $3.76 billion, or $1.22 cents per share, in the fourth quarter ended Jan. 31 from $4.57 billion, or $1.43 per...

  • BEIJING, Feb 20- China's Alibaba Group Holding Ltd said it formed a strategic partnership with Bailian Group, the largest retailer by store numbers to join the e-commerce giant's drive to use big data to improve and profit from brick-and-mortar sales. It has also spent $4.6 billion on a minority stake in appliances retailer Suning Commerce Group Co Ltd, is...

  • LONDON, Feb 20- Online retailer Amazon is set to create more than 5,000 jobs in Britain this year, the company said on Monday, boosting its investment in the country once more even as it prepares to leave the European Union. Amazon, along with other tech giants such as Google and Apple, has increased its commitment to Britain in the last year, saying Britain's...

  • Amazon hints at number of Prime members in annual report

    Analysts use annual report to estimate the number of Amazon Prime subscribers the company may serve.

  • Feb 15- Wal-Mart Stores Inc has acquired online outdoor clothing and gear retailer Moosejaw for $51 million in an all-cash deal, the company said on Wednesday, as it works to boost its competitive standing in U.S. e-commerce. In August 2016, the world's largest retailer paid more than $3 billion to acquire online startup Jet.com and in late December, Jet.com...