Internet and Catalog Retail
Internet Retail
Many cities see Amazon's second headquarters a once-in-a-lifetime chance to grab an economic golden ticket, USA Today reports.
To court Amazon's second headquarters, some cities got downright wacky with their efforts, USA Today reports.
Matthew Shay, National Retail Federation president and CEO, and Chris Baldwin, BJ's Wholesale Club president and CEO, provide their expectations on the retail sector and weigh in on shopping trends.
Amazon is spreading itself too thin, Patrick Moorhead, president and principal analyst at Moor Insights and Strategy, told CNBC on Wednesday.
Democrats and Republicans in Congress are warring to snag the jobs and investment that might come from HQ2, Recode reports.
The long-awaited move will offer televisions, cell phones and laptops from hundreds of independent sellers on Amazon's website in Brazil without involving the company in the tricky logistics that have hurt many online retailers in the country. Alex Szapiro, Amazon's country manager in Brazil, declined to say if there were plans for the company to stock its...
ST. PAUL, Minn.— Minnesota is preparing only a modest bid for online retailer Amazon's second headquarters, Gov. Timothy Bartik, an economist at the W.E. Upjohn Institute for Employment Research, told the Star Tribune of Minneapolis that Seattle- based Amazon launched its unusual public bidding process to try to maximize the offers it gets for incentive packages,...
Speculation in digital currency bitcoin is apparently spilling over into an obscure e-commerce stock, Overstock.com.
CHICAGO, Oct 17- U.S. online retail sales will surpass $1 trillion by 2027 compared with $445 billion this year, according to a forecast by business advisory firm FTI Consulting Inc, as more Americans move away from brick-and-mortar stores. Online sales will grow at a compound annual rate of 12 percent through 2020 and at a relatively moderate 9 percent over the...
*Reports strong international growth, steady in UK. LONDON, Oct 17- British online retailer ASOS raised its growth forecast on Tuesday, saying its combination of new products, competitive prices and improved customer services continues to attract twentysomething shoppers to its site. Established in 2000, ASOS has become Britain's most valuable online...
An online retailer has pulled a costume from its website that depicted Holocaust victim Anne Frank. Carlos Galindo-Elvira, who leads the Anti-Defense League's Arizona office said on Twitter that the costume trivializes Frank's memory. Anne Frank is known from the diary she wrote while in hiding from the Nazis during the war.
Jennifer Hyman, Rent The Runway CEO, talks about the launch of a new mass-market program aimed at providing customers a lower price point to entry.
The big question hovering over Wayfair is whether the company can ever make money by delivering bulk furniture virtually for free, the NYT reports.
*Noon.com backed by Dubai billionaire; Souq.com by Amazon. RIYADH, Oct 15- In Saudi Arabia, a kingdom where postal codes are rarely used, most people pay in cash, and shopping is done in giant air-conditioned malls, building an online retail business is no easy task. That will start a race for dominance in a largely untapped market against Dubai- based Souq.com, which is...
This year, Amazon has increased its lobbying staff to 83 members from 60, making it one of the biggest corporate lobbying shops in town, the NYT reports.
*Noon.com backed by Dubai billionaire; Souq.com by Amazon. RIYADH, Oct 15- In Saudi Arabia, a kingdom where postal codes are rarely used, most people pay in cash, and shopping is done in giant air-conditioned malls, building an online retail business is no easy task. That will start a race for dominance in a largely untapped market against Dubai- based Souq.com, which is...
Amazon has quietly expanded its presence in Santa Cruz, California, over the past two years, according to the Silicon Valley Business Journal.
Raj Dhanda, Black Creek Group president, explains how Amazon is driving growth in commercial real estate and where he is seeing the greatest demand.
Jack Ma gathered a handful of Alibaba employees and instructed them to build its famous Taobao marketplace to compete with eBay.
Oct 11- Kroger Co said on Wednesday it was exploring the sale of its nearly 800 convenience stores as the No. 1 U.S. supermarket operator strengthens its online businesses in a market share war that has intensified since Amazon.com Inc's purchase of Whole Foods. Kroger is revamping its nearly 2,800 brick-and-mortar supermarkets, lowering prices, bolstering...
