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  • Vachetta Tan from Nike

    Sneaker collecting is a unique economy filled with product-flippers, scam artists and entrepreneurs who seek to cash in on big demand.

  • Feb 24- Department store operator J.C. "We believe closing stores will also allow us to adjust our business to effectively compete against the growing threat of online retailers," Chief Executive Officer Marvin Ellison said in a statement. Penney said it expected annual savings of about $200 million from the cost-cutting measures, and would take a related...

  • SAO PAULO, Feb 23- Via Varejo SA, Brazil's largest appliance retailer, posted pro forma fourth-quarter net income of 13 million reais on Thursday, boosted by a hefty tax benefit along with cost savings from the integration of online unit Cnova Brasil. Units of Via Varejo, a blend of preferred and common shares, rose 3 percent on the Sao Paulo stock exchange.

  • BERLIN, Feb 22- Swedish investment company Kinnevik said on Wednesday it is selling at least half of its 13 percent stake in German e-commerce investor Rocket Internet. Kinnevik said in a statement it planned to sell 10.9 million shares via a placing but it reserved the right to increase that amount. However, some investors have become concerned over heavy...

  • CHICAGO, Feb 21- Wal-Mart Stores Inc reported higher-than-expected U.S. sales on Tuesday for the crucial holiday quarter as its low prices attracted more customers to its stores and online activity accelerated. Wal-Mart said it expected earnings per share of 90 cents to $1 for the current quarter and $4.20 to $4.40 for this fiscal year. A delay in refund checks...

  • CHICAGO, Feb 21- Wal-Mart Stores Inc on Tuesday reported higher-than-expected U.S. sales, helped by more customer visits to its stores and accelerating online activity, and shares of the world's largest retailer rose more than 3 percent. Wal-Mart said it expected earnings per share of 90 cents to $1 for the current quarter and $4.20 to $4.40 for this fiscal year.

  • CHICAGO, Feb 21- Wal-Mart Stores Inc on Tuesday reported higher-than-expected U.S. sales, helped by more customer visits to stores and accelerating online activity, and the world's largest retailer's shares rose more than 3 percent. Net income attributable to Wal-Mart fell to $3.76 billion in the fourth quarter ended Jan. 31 from $4.57 billion a year earlier,...

  • CHICAGO, Feb 21- Wal-Mart Stores Inc on Tuesday reported higher-than-expected U.S. comparable sales, driven by higher customer traffic to stores and accelerating online activity, and the world's largest retailer's shares rose more than 2 percent. Net income attributable to Wal-Mart fell to $3.76 billion in the fourth quarter ended Jan. 31 from $4.57 billion a...

  • CHICAGO, Feb 21- Wal-Mart Stores Inc reported higher-than-expected global comparable sales on Tuesday, helped by a rise in online sales and higher traffic at Wal-Mart and Sam's Club stores. Net income attributable to the world's largest retailer fell to $3.76 billion, or $1.22 cents per share, in the fourth quarter ended Jan. 31 from $4.57 billion, or $1.43 per...

  • BEIJING, Feb 20- China's Alibaba Group Holding Ltd said it formed a strategic partnership with Bailian Group, the largest retailer by store numbers to join the e-commerce giant's drive to use big data to improve and profit from brick-and-mortar sales. It has also spent $4.6 billion on a minority stake in appliances retailer Suning Commerce Group Co Ltd, is...

  • LONDON, Feb 20- Online retailer Amazon is set to create more than 5,000 jobs in Britain this year, the company said on Monday, boosting its investment in the country once more even as it prepares to leave the European Union. Amazon, along with other tech giants such as Google and Apple, has increased its commitment to Britain in the last year, saying Britain's...

  • Amazon hints at number of Prime members in annual report

    Analysts use annual report to estimate the number of Amazon Prime subscribers the company may serve.

  • Stocks to Watch: February 13, 2017

    Apple, Walt Disney, and Sears stocks are making headlines this Monday morning before the opening bell.

  • Ivanka Trump

    Sears and Kmart added to recent defections from Trump-branded products, discontinuing online sales of Trump Home items, amid ethics concerns.

  • Jeff Bezos, Amazon.com founder and CEO

    One new facility in Eastvale will focus on books, electronics and toys, while the other, in Redlands, will have larger items.

  • Executive Edge: Fueling fintech in 2017

    Jeremy Allaire, Circle founder and CEO talks about the growth of financial tech startups and regulating digital currencies like bitcoin.

  • Jeff Bezos speaking at the new New York Economic Club luncheon in New York on Oct. 27, 2016.

    The tech giant is playing its cards close to the vest with Prime subscriptions, Recode reports.

  • Stocks to Watch: February 3, 2017

    Amazon, Clorox, and Hershey stocks are making headlines this Friday morning.

  • Apple CEO Tim Cook

    The iPhone maker reigned No. 1 for five consecutive years, USA Today reports.

  • Near term, Amazon spending could hold back margins: Pro

    Anthony DiClemente, Normura Instinet, discusses Amazon ahead of the company's quarterly earnings.