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Internet and Catalog Retail Internet Retail

  • 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...

  • Wal-Mart saved millions by changing two things

    The cost savings come as Wal-Mart Stores invests heavily in its e-commerce operations.

  • Amazon is trying to replicate that feeling for the digital generation. The online retail giant said Wednesday that teens can now shop at Amazon on their own, if their parents let them. For Amazon, getting teens to shop now could turn them into customers for the rest of their lives, said Brendan Witcher, an e-commerce industry analyst at Forrester.

  • Amazon Fresh trucks

    Credit Suisse raises its price target for Amazon shares to the second highest among analyst firms, citing the company's ability to leverage Whole Foods to offer same-day delivery service in more areas.

  • By Sruthi Ramakrishnan and Sayantani Ghosh. Wal-Mart also forecast overall net sales would rise by at least 3 percent in the year ending January 2019, and said it would buy back $20 billion of its shares over the next two years. "We are going to lean into places like technology, e-commerce, international stores," Wal-Mart Chief Financial Officer Brett Biggs said at...

  • Oct 10- Wall Street hit fresh record intraday highs on Tuesday, helped by a jump in Wal-Mart and energy stocks, but the gains were limited by declines in Amazon and technology stocks. Wal-Mart jumped more than 4 percent to a two-year high of $84.46 after forecasting U.S. online sales would rise by about 40 percent in the next fiscal year and unveiling a $20 billion...

  • Amazon is exploring ways to deliver items to your car trunk and the inside of your home

    Amazon could soon start delivering to your car's trunk or inside your home, according to people familiar with the matter.

  • By Sruthi Ramakrishnan and Sayantani Ghosh. Oct 10- Wal-Mart Stores Inc on Tuesday forecast that its U.S. online sales would soar about 40 percent in the fiscal year ending January 2019, sending its stock up 4.7 percent to the highest in more than two years. The company also forecast overall net sales to rise by at least 3 percent in the same period and said it would...

  • *Wal-Mart up after unveiling $20 bln share buyback plan. Oct 10- The three major Wall Street indexes scaled new records on Tuesday as higher oil prices boosted energy stocks and Wal-Mart rose on the back of a bullish sales forecast. Wal-Mart jumped more than 4 percent to a two-year high of $84.46 after forecasting U.S. online sales would rise by about 40 percent in...

  • Oct 10- Wal-Mart Stores Inc on Tuesday forecast that U.S. online sales would soar about 40 percent in the fiscal year ending January 2019, sending its stock up nearly 4 percent to the highest in more than two years. The retailing behemoth also said it will buy back $20 billion of its shares over the next two years. In August, the company said online sales in the United...

  • *IKEA Group annual sales up 4 pct to 34.1 bln euros. STOCKHOLM, Oct 10- Fast-growing online sales are helping to convince IKEA Group to step up its investment in digital technology and look beyond its traditional model of selling cheap furniture from huge out-of-town stores. That was after IKEA Group reported a 4 percent rise in sales to 34.1 billion euros in its...

  • *New rules to double avg dealer returns to 2 pct. MUNICH, Oct 10- Volkswagen plans to reduce the size of its European dealer network and introduce online sales as it adjusts to changing buying habits, the German carmaker said on Tuesday. "This will surely accelerate somewhat in the next one, two years, also in Germany."

  • Sarah Michelle Gellar

    Sarah Michelle Gellar, actress, entrepreneur and Foodstirs co-founder, talks about her start-up which provides premium baking mixes.

  • Oct 10- Wal-Mart Stores Inc on Tuesday unveiled a $20 billion share buyback plan and forecast U.S. online sales to increase by about 40 percent in the fiscal year ending January 2019. The company forecast profit for fiscal year 2019 to increase about 5 percent over the expected adjusted earnings of $4.30 to $4.40 per share for the year ending January 2018.

  • NEW YORK— Walmart is all about online, anticipating digital sales next fiscal year will rise about 40 percent and that it will double the number of U.S. curbside locations for online grocery shoppers at its stores. "No doubt we are in a transformational period of history," said Doug McMillon, CEO of Walmart Stores Inc., in an address Tuesday to investors at an annual...

  • Oct 10- Wal-Mart Stores Inc on Tuesday forecast U.S. online sales to increase by about 40 percent and overall net sales by at least 3 percent in the fiscal year ending January 2019. The retailer, which will hold its investor meeting on Tuesday, also said it would buy back $20 billion of its shares over two years. The company forecast profit for fiscal year 2019 to...

  • STOCKHOLM— Ikea will start selling furniture through third-party websites next year as it tries to find new ways to reach customers in the digital age. Lyckdal said Tuesday in an email to The Associated Press that Ikea would further develop its online sales strategy "over the coming years. Founded in Sweden and headquartered fiscally in Leiden, the Netherlands,...

  • Amazon considering entry into drug retail space

    It's a market "crying for transparency," says Ana Gupte, senior analyst at Leerink Partners, talking about the possibility of Amazon entering the drug retail business and what it could mean for consumers.

  • The National Retail Federation last week predicted a 3.6 percent to 4 percent sales gain to a range of $678.75 billion to $682 billion. A big unknown is the impact of Hurricanes Harvey and Irma on spending along the Gulf Coast and Florida. Although online shopping is expected to rise sharply, both United Parcel Service and FedEx have said they'll hire about the...

  • Wal-Mart promises 30-second returns in stores

    Wal-Mart is trying to remove a big hassle from online shopping, dealing with unwanted or damaged items.