Internet and Catalog Retail Internet Retail

  • STOCKHOLM, Sept 13- IKEA Group reported record annual sales on Tuesday, including a 30 percent leap in online revenues after the Swedish budget furniture retailer belatedly embraced e-commerce. IKEA Group, which owns most IKEA stores worldwide, said sales in the 12 months through August rose 7 percent from the year before to 34.2 billion euros.

  • Ocado is a story stock: Strategist

    Alex Dryden, global market strategist at J.P. Morgan Asset Management, says investors need to question story stocks and discusses Ocado.

  • Back to school retail effect

    Matthew Fassler, Goldman Sachs Retail Analyst, discusses the impact of "back to school" and holiday spending on the retail sector in both traditional retailers and e-commerce.

  • *10-20 pct of Zalando sales from own label vs 50 pct at ASOS. *Zalando seen as more exposed than ASOS to Amazon fashion. BERLIN, Sept 8- Zalando, Europe's biggest pure online fashion retailer, is developing its own-label unit as a stand-alone business as it seeks to enter new markets and sell on rival web sites.

  • ALPBACH, Austria, Sept 2- Multinationals like coffee chain Starbucks and online retailer Amazon pay less tax in Austria than one of the country's tiny sausage stands, the republic's center-left chancellor lamented in an interview published on Friday. "Every Viennese cafe, every sausage stand pays more tax in Austria than a multinational corporation," Kern was...

  • Luxury Index

    Reebonz Co-founder Daniel Lim shares findings from a commissioned report showing that pre-owned luxury consumption is on the rise in Asia.

  • *Investors in China warehouses include Warburg Pincus, Carlyle. *China online shopping revenues expected to hit $1.1 trln in 2018. "The thinking was even if it didn't necessarily scale to the size we were anticipating, we had a good sense that while Boston is a pretty decent size city in the U.S., China should have far more modern warehousing space over the longer term,"...

  • *Investors in China warehouses include Warburg Pincus, Carlyle. *China online shopping revenues expected to hit $1.1 trln in 2018. "The thinking was even if it didn't necessarily scale to the size we were anticipating, we had a good sense that while Boston is a pretty decent size city in the U.S., China should have far more modern warehousing space over the longer term,"...

  • Aug 22- Office Depot Inc said on Monday Chief Executive Roland Smith would retire, three months after the second-largest U.S. office supplies retailer and bigger rival Staples Inc abandoned their planned merger. The company also said it would consolidate its retail, contract, ecommerce and marketing operations under a newly created role of chief operating...

  • Aug 22- Office Depot Inc said on Monday Chief Executive Roland Smith would retire, three months after the second-largest U.S. office supplies retailer and bigger rival Staples Inc abandoned their planned merger. The company also said it would consolidate its retail, contract, ecommerce and marketing operations under a newly created role of chief operating...

  • Last week, it announced the acquisition of online startup Jet.com for over $3 billion to better compete with Amazon.com Inc.. Wal-Mart also increased entry level wages to $10 an hour earlier this year and said it will invest $2.7 billion in employee compensation and training over two years, a move it said contributed to improved service in its stores.

  • US consumer in better shape: Analyst

    Oliver Chen, Cowen and Co. Senior Retail Analyst, discusses Wal-Mart's quarterly report including its competition with Target and Amazon as well as the health of the U.S. consumer.

  • Earlier this year, Wal-Mart said it would invest $2.7 billion over two years to increase entry-level wages to $10 an hour, a move the company said has led to cleaner stores, faster checkouts and improved customer service. Excluding a non-cash gain of $535 million from sale of Wal-Mart's China e-commerce business, operating income dropped 7.2 percent.

  • Wal-Mart posts 'solid' performance: Pro

    Budd Bugatch, Raymond James, says he is very pleased with Wal-Mart's performance which beat his estimates.

  • Wal-Mart comps strongest in 8 quarters

    CNBC's Courtney Reagn runs through Wal-Mart's quarterly results which beat Street estimates.

  • Analyst: This is how Wal-Mart beat Street

    Joe Feldman, Telsey Advisory Group senior retail analyst, talks about Wal-Mart's quarterly results and shares his outlook on the stock.

  • Excluding a non-cash gain from the sale of Wal-Mart's e-commerce business in China and other items, earnings per share came to $1.07 in the second quarter ended on July 31. The retailer had forecast 95 cents to $1.08. Earlier this year, Wal-Mart said it would invest $2.7 billion over two years to increase entry-level wages to $10 an hour, a move the retailer said has...

  • Aug 18- Wal-Mart Stores Inc reported higher-than-expected quarterly comparable sales on Thursday, helped by a rise in online sales and a higher average ticket at Walmart and Sam's Club stores. Net income attributable to the world's largest retailer rose to $3.77 billion, or $1.21 per share, in the second quarter ended July 31 from $3.48 billion, or $1.08 per...

  • Wal-Mart beats Street, raises forecast

    CNBC's Courtney Reagan breaks down Wal-Mart's quarterly results which posted EPS of $1.07 (Adj.) on revenues of $120.854 billion.

  • LONDON, Aug 18- Online retailer Amazon said it would create 1,500 new jobs in 2017 when it opens a new distribution centre in Tilbury, south east England, maintaining its surge of investment in Britain. News of the investment follows Friday's announcement that it will create 500 jobs when it opens a fulfilment centre in Doncaster, northern England, next year.