BMO Capital Markets told clients that it's made Netflix its top tech stock in light of Warren's plan to bust up Amazon, Facebook and Google.
Adidas launched its own app last year, which has been downloaded more than 7 million times in more than 25 countries.
BRASILIA, March 11- Brazil on Monday thanked the global body that oversees Internet addresses for extending until April a deadline for Amazon basin nations to reach a deal with Amazon.com Inc in their seven-year battle over the. amazon domain name. Amazon basin countries Brazil, Bolivia, Peru, Ecuador, Colombia, Venezuela, Guyana and Suriname have fought the...
MUMBAI, March 8- Reliance Industries Ltd plans to grow the number of low-cost Reliance Trends fashion stores across India to 2,500 from 557 over the next five years and integrate them with its online business, two people briefed on the plans said. The expansion, which has not been reported before, is the latest move by the conglomerate's billionaire owner Mukesh...
March 5- Target Corp forecast 2019 profit above Wall Street estimates on Tuesday as investments to draw more shoppers online and in stores drove a jump in holiday sales, sending its shares up 5 percent. The Minneapolis- based retailer offered free two-day shipping on hundreds of thousands of items and widened its pick-up in store options for online orders.
Investors should prioritize Amazon's profit over year-over-year revenue growth, according to Evercore ISI.
March 1- Amazon.com Inc is planning to open dozens of grocery stores across the United States as it looks to expand in the food business, the Wall Street Journal reported https://www.wsj.com/articles/amazon-to-launch-new-grocery-store-business-sources- s a y- 1 1 5 5 1 4 6 1 8 8 7 on Friday, citing people familiar with the matter. The online retail giant is...
"Maybe if there weren't all these men running companies we would possibly have different results," says Alicia Glen, outgoing New York City deputy mayor for development.
Amazon's arrival in Robbinsville, New Jersey, brought three straight years of tax reductions — something that rarely happens in a high-tax state.
Britain's best known store chain and the online supermarket pioneer released short statements saying there was no guarantee a deal would emerge, after London's Evening Standard newspaper said M&S was set to pay up to 900 million pounds for a 50 percent stake in a combined retail business. The 135- year-old M&S is a mainstay of Britain's shopping streets, but...
LONDON, Feb 26- Online retailer Amazon will create more than 1,000 apprenticeship roles in Britain over the next two years, it said on Tuesday, indicating the country's imminent departure from the European Union is not deterring it from investing. With only 31 days until Britain is due to quit the world's biggest trading bloc, UK lawmakers are deeply divided over...
Feb 25- As retail casualties such as Sears or Toys' R' Us kept piling up, costly real estate often got the blame for traditional retailers' struggle to keep up with e-commerce rivals. Yet last U.S. holiday shopping season showed stores may offer retailers a rare competitive advantage as they scramble to fend off the challenge from e-commerce giant Amazon.com and...
Feb 19- Walmart Inc said on Tuesday it sees no signs of weakness in U.S. consumer spending and posted its strongest holiday-quarter sales growth in a decade, citing robust grocery and e-commerce sales and assuaging concerns about a looming U.S. recession. We haven't seen much of a change, "Walmart Chief Financial Officer Brett Biggs told Reuters.
Feb 19- A strong U.S. economy boosted Walmart Inc's holiday-quarter sales growth to the best in a decade, lifted by consumer spending in key categories like groceries and increased e-commerce purchases. Shares of the world's larger retailer rose nearly 4 percent on Tuesday and were up 7 percent so far this year. We haven't seen much of a change, "Walmart Chief...
WASHINGTON, Feb 19- Walmart Inc reported an estimate-beating jump in holiday quarter comparable sales on Tuesday as a strong economy boosted consumer spending and fueled more e-commerce purchases, sending its shares up nearly 4 percent in premarket trade. Sales at U.S. stores open at least a year rose 4.2 percent, excluding fuel, in the fourth quarter ended Jan....
Feb 19- Amazon.com Inc's Chinese joint venture is in talks for a merger with local e-commerce firm Kaola, which sells imported products in the Asian country, business magazine Caijing reported https://tech.sina.cn/i/gn/2019-02-19/detail-ihrfqzka7167698. d.html? Amazon has been trying to push into China and compete head-on with homegrown rivals...
Burt Flickinger, managing director of Strategic Resource Group, discusses his expectations for Walmart's earnings report due on Tuesday.
Feb 15- U.S. discount retailer Payless ShoeSource Inc said on Friday it would begin going-out-of-business sales at its U.S. and Puerto Rico stores on Feb. 17 and wind down its e-commerce operations. Payless expects all stores to remain open until at least the end of March and the majority will remain open until May, a company spokeswoman said in an email statement.
DETROIT/ SAN FRANCISCO, Feb 15- Amazon.com Inc said on Friday it would lead a $700 million investment in U.S. electric pickup truck startup Rivian Automotive LLC, in the e-commerce giant's biggest bet on technologies with potential to reshape the automotive sector. Rivian could ultimately be valued at between $3 billion and $4 billion, one of the sources said.
DETROIT/ SAN FRANCISCO, Feb 15- Amazon.com Inc said on Friday it would lead a $700 million investment in U.S. electric pickup truck startup Rivian Automotive LLC, in the e-commerce giant's biggest bet on technologies with potential to reshape the automotive sector. Rivian could ultimately be valued at between $3 billion and $4 billion, one of the sources said.
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