Staples to shut 225 stores in North America as sales fall. Staples Inc will close up to 225 stores in the United States and Canada- 12 percent of its North America outlets- and forecast another quarter of sales decline as it loses customers to mass market chains and online retailers.» Read More
*Expects fourth-quarter earnings/shr $1.25 vs est $1.43. *Sees 2013 earnings/shr $4.57 vs forecast $4.65- $4.85.
SEATTLE, Jan 15- A small group of Amazon.com Inc technicians at a distribution center in Delaware voted on Wednesday not to join a union, marking a victory for the U.S. online retailer which is strongly opposed to any kind of third-party representation for its employees.
FRANKFURT, Jan 10- Roman Catholic Church- owned bookseller Weltbild, which competes with online retailer Amazon.com in Germany, filed for insolvency on Friday after its sales shrank and it unexpectedly found itself unable to obtain fresh financing.
Jan 8- Costco Wholesale Corp's December same-store sales beat analysts' expectations, helped in part by online sales in the United States and Canada. On that basis, analysts expected same-store sales to rise 1.8 percent for the month of December, according to a Thomson Reuters poll.
SAN FRANCISCO/ NEW YORK, Dec 29- For investors in internet stocks, it was a banner year: shares of many companies doubled as revenue climbed and on forecasts for rip-roaring growth in earnings. Most importantly, this year's stars, such as Facebook and Netflix, actually make money.
Bricks-and-mortar stores lose out as e-commerce grows, but most retailers have now supplemented their shops with online businesses, the FT reports.
WEST NYACK, NEW YORK, Dec 24- Retailers are trying new ways to win over Christmas procrastinators. "There is not a whole lot you can do at the 11th hour, but this is one of the few levers you can pull," said Sucharita Mulpuru, an e-commerce analyst at Forrester Research, about what the industry calls "omni-channel" shopping.
NEW YORK, Dec 24- Retailers are trying new ways to win over Christmas procrastinators. "There is not a whole lot you can do at the 11th hour, but this is one of the few levers you can pull," said Sucharita Mulpuru, an e-commerce analyst at Forrester Research, about what the industry calls "omni-channel" shopping.
BEIJING, Dec 23- JD.com, China's second-largest e-commerce site, is set to exceed 100 billion yuan in annual sales for the first time in a market that has drawn investment from global retailing names such as Amazon and Wal-Mart.
*Germany, Britain and Spain upbeat; others still gloomy. BERLIN/ PARIS, Dec 19- Retailers in Europe are predicting their best Christmas since the financial crisis, though optimism is laced with caution in the face of rising e-commerce and early discounting in a fragile economic recovery.
Discussing the global e-commerce trends, with Glen Kacher of Light Street. He likes Qihoo, SouFun and E-House.
Some e-commerce marketers are having a challenging holiday season, and they blame Google for it. The New York Times reports.
Shoppers time really is running out for online holiday shopping. Here are the shipping deadlines you need to know.
BOSTON, Dec 13- Activist investors have asked Amazon.com Inc to review its sales of firearms accessories, concerned that the online retailer offers products that could be used to convert semi-automatic rifles into weapons that fire too rapidly to be legal. They sent Amazon Chief Executive Jeff Bezos a letter on Nov. 25 and showed it to Reuters on Thursday.
Traditional stores are trying to defend their market share from Amazon and other online retailers by offering same-day delivery.
*Haier Electronics shares up 20 pct at 14- yr high. HONG KONG/ BEIJING, Dec 9- Alibaba Group will invest HK $2.82 billion in appliance maker Haier Electronics Group Ltd in a deal aimed at expanding the Chinese e-commerce giant's logistics reach to the millions of consumers in China's vast interior.
Brian Sullivan, CTPartners Chairman and CEO, discusses some of the hottest jobs for execs in 2014, as well as "m-commerce."
A shorter holiday calendar could send frenzied shoppers to physical stores for last-minute purchases, taking some sales away from e-commerce.
Where the market stand, with Michael Gurka, Chicago-based Spectrum Asset managing director, and Steve Grasso, Stuart Frankel.
FMHR trader Simon Baker thinks PayPal has larger competition coming from Square. He says eBay makes a good short now.