The carnage of the last week- even with Wednesday's and Thursday's rebound- has been particularly acute for investors who have seen their overweight positions in companies such as social media site Facebook, pharmaceutical company Valeant, internet retailer Netflix, carmaker Tesla Motors and renewable energy company SunEdison get pummeled in the last...» Read More
Upstart online retailer jet.com appeared to be suffering some website trouble early Saturday.
Mark Mahaney of RBC Capital is making changes to his stock picks. Which were bumped and which made their way to the top?
Aug 12- Macy's Inc reported lower-than-expected quarterly sales as a strong dollar "significantly" hurt spending by foreign tourists in the United States and the company discounted to clear merchandise delayed due to the West Coast ports strikes. The company also said it had formed a joint venture with a Hong Kong- based company to explore online retailing in...
Aug 12- Macy's Inc reported a 2.6 percent fall in quarterly sales, the fourth drop in six quarters, as spending by foreign tourists declined "significantly" due to a strong dollar. Macy's net income fell to $217 million, or 64 cents per share, in the second quarter ended Aug. 1 from $292 million, or 80 cents per share, a year earlier. The company also said it formed a joint...
Retail stocks are one of the best performing groups in the S&P, but within that group there are winners and losers.
Three key points to watch when Alibaba reports quarterly numbers before Wednesday's stock market open.
The drugstore is expanding to accept Apple Pay and Google Wallet Saturday after slashing support last year. Re/code reports.
In his home state of Utah, the Overstock.com Inc chairman is preparing a 2016 bid to replace a popular governor. In Washington DC, his online retailer has emerged as the only company to back both of two competing proposals in Congress for the best way to tax online sales. But on the issue of Internet sales taxes, Johson notes that the Constitution expressly grants...
Alibaba making a $4.6 billion investment in Chinese electronics retailer Suning.
BEIJING, Aug 10- Alibaba Group Holding Ltd will invest $4.6 billion in top-tier Chinese electronics retailer Suning Commerce Group Co Ltd, its biggest step yet into China's burgeoning alliances between online and offline firms. Alibaba is paying 28.3 billion yuan for a 19.99 percent stake in Suning, which will in turn invest 14 billion yuan to acquire 1.1...
*Yoox offered $1.5 bln for online fashion retailer. *Richemont agreed in March to let NAP merge with Yoox. Aug 7- Online fashion retailer Net-A-Porter was valued much higher by an independent appraisal requested by its minority shareholders than what Italian peer Yoox SpA has offered for it, according to a copy of the report seen by Reuters.
Etsy delivered quarterly results that topped expectations, but the stock plunged as the company warned that FX rates could hurt growth.
Alibaba has appointed a former top Goldman Sachs executive as president to lead the Chinese e-commerce giant's international expansion.
Amazon has placed new limits on its Prime subscription service, making it more difficult to split the service with several other people.
SAN FRANCISCO, Aug 3- Macy's Inc said on Monday the department store chain will expand same day delivery services to nine cities and metropolitan areas this month, pushing into an aggressive field dominated by e-commerce giant Amazon.com Inc.. Macy's, the nation's largest department store chain, said it will now offer same day delivery to customers in 17...
*Deal to mark Alibaba's first direct investment in India. BEIJING, Aug 3- Indian online marketplace Snapdeal is set to raise $500 million from a group of foreign investors including China's Alibaba Group Holding Ltd, three people familiar with the matter said on Monday. Snapdeal, Japan's SoftBank, Alibaba and Foxconn declined comment.
LONDON, July 30- Britain's former BBC "Top Gear" host Jeremy Clarkson has signed an exclusive deal with Amazon to present a new motoring show for the online retailer's subscription service alongside co-presenters Richard Hammond and James May. Clarkson had generated both controversy and profits for Britain's publicly-funded broadcaster.
Amazon's Dash buttons are now available for 18 products at $4.99 each.
EBay announced it is discontinuing ebay Now, its same-day delivery service, in the U.S, Re/code reports.
David Sleath, CEO of Segro, says the rise of internet retailing in the U.K. has increased demand for warehouses which is helping his company.