×

Internet and Catalog Retail Internet Retail

  • ZURICH, Jan 22- Cartier owner Richemont on Monday offered up to 2.8 billion euros for full control of Yoox Net-a-Porter to compete better in an expanding online market for luxury goods. Richemont, which like many rivals in the watch industry and high fashion world has been slow to move into selling online, offered 38 euros per share for YNAP, an almost 26 percent...

  • *Follows agreement with French supermarket Group Casino. The deal with Sobeys, which operates more than 1,500 stores across Canada, helped Ocado's shares to build on gains recorded in November when it announced a deal with French supermarket Group Casino. "Channel shift to online in North America is gaining pace as consumers increasingly seek the benefits of...

  • ZURICH, Jan 22- Luxury goods maker Richemont on Monday offered up to 2.8 billion euros to take full control of Yoox Net-A-Porter in a bid to expand the online retailer as competition for online sales of high-end products grows. Richemont, who like many peers in the luxury industry has been slow in pushing online sales, offered of 38 euros per share for YNAP, an almost...

  • *Follows agreement with French supermarket Group Casino. Jan 22- Canada's second largest food retailer Sobeys Inc has signed a deal to use the ecommerce platform of Ocado to expand its online business, sending shares in the British group up 10 percent on its latest international tie-up. Ocado's shares jumped 12 percent in early trading on Monday, building on...

  • Jan 22- British online grocer Ocado on Monday said it had signed an agreement with Sobeys Inc to develop the online grocery business at Canada's second largest food retailer. Under the deal, the two companies will develop a customer fulfilment centre in Toronto and will also consider developing more centres in Canada's dense urban areas.

  • A pedestrian passes in front of the new Amazon Go grocery store in Seattle.

    After nearly a year's delay, Amazon Go is finally opening to the public on Monday morning.

  • Amazon is raising its monthly Prime membership rate

    The company is also raising the discounted student monthly rate for new sign-ups.

  • Villoid CEO and co-founder Karin Kaellman explains what makes her online fashion platform unique.

  • In this photo taken Oct. 11, 2017, large spheres take shape in front of an existing Amazon building and adjacent to a small dog park in Seattle.

    Amazon says it will spend $5 billion in the city where it builds its second headquarters and will employ 50,000 there.

  • Amazon to pop 23% this year to near $800 billion value on new advertising venture, analyst says

    BMO Capital Markets raises its price target on Amazon to $1,600 from $1,200, the highest call on the e-commerce company of any brokerage.

  • Hugo Boss gains as sales pick up at stores. *PSA, Engie, JD Sports also gain after updates. Fashion house Hugo Boss was among the biggest gainers in Europe, up 3.7 percent, after it reported a rebound in growth at its own stores, a jump in online sales and a recovery in the United States.

  • A worker prepares packages to be shipped inside of an Amazon fulfillment center in Robbinsville, New Jersey, November 27, 2017.

    BMO Capital Markets raises its price target on Amazon to $1,600 from $1,200, the highest call on the e-commerce company of any brokerage.

  • LONDON, Jan 16- European shares rose on Tuesday after corporate trading updates lifted sentiment, with Peugeot owner PSA Group outperforming after reporting a jump in sales last year. Germany's DAX added 0.4 percent and fashion house Hugo Boss rose about 1.9 percent after it reported a rebound in growth at its own stores, a jump in online sales and a recovery in...

  • LONDON, Jan 16- European shares rose on Tuesday after corporate trading updates lifted sentiment, with shares in German fashion house Hugo Boss gaining on better-than-expected sales in the last quarter of 2017.. Germany's DAX added 0.1 percent and Hugo Boss rose about 1.9 percent after it reported a rebound in growth at its own stores, a jump in online sales and a...

  • The potential deal, which arose as the New York- based startup was seeking funding, likely values Boxed at between $325 million and $500 million, said the person, who spoke on condition of anonymity. Amazon's $13.7 billion acquisition of Whole Foods Market last year to crack the U.S. grocery market heightened a sense of urgency among rivals looking for ways to...

  • South Dakota fighting Wayfair, Overstock.com, Newegg. WASHINGTON, Jan 12- The U.S. Supreme Court on Friday agreed to decide whether to let states require online retailers to collect billions of dollars in sales tax, taking up South Dakota's dispute with three e-commerce companies. South Dakota, appealing a lower court decision that favored Wayfair Inc,...

  • Supreme Court to hear internet sales tax collection case

    CNBC's Hampton Pearson reports on the Supreme Court taking on a case about the collection of internet sales taxes.

  • WASHINGTON, Jan 12- The U.S. Supreme Court on Friday agreed to decide whether to expand the ability of states to require online retailers to collect sales tax, taking up South Dakota's dispute with three e-commerce companies. South Dakota, appealing a lower court decision that favored Wayfair Inc, Overstock.com Inc and Newegg Inc, is asking the justices to...

  • WASHINGTON— The Supreme Court agreed Friday to wade into the issue of sales tax collection on internet purchases in a case that could force consumers to pay more for certain purchases and allow states to recoup what they say is billions in lost revenue annually. Under previous Supreme Court rulings, when internet retailers don't have a physical presence in a...

  • WASHINGTON, Jan 12- The U.S. Supreme Court on Friday agreed to decide whether to expand the ability of states to require online retailers to collect sales tax, taking up South Dakota's dispute with three e-commerce companies.