retail

Holiday Online Sales Up 18% to Record $108 Billion

The 2017 holiday shopping season saw online sales hit a record $108.2 billion, up 17.7% compared with 2016. Revenue generated by mobile devices rose to $35.9 billion, 33.1% of all ...
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Amazon Looks to Squash Apple HomePod

Amazon.com Inc. (NASDAQ: AMZN) had its biggest holiday season ever this year and its best-selling products were the Echo Dot voice-controlled speaker and the Fire TV Stick  that sold for ...
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Amazon Reports Biggest Holiday Season Ever

In its usual manner of boasting about big numbers without offering any specific data, Amazon.com Inc. (NASDAQ: AMZN) on Tuesday said that its 2017 holiday season had customers around the ...
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One-Third of Online Shoppers Victims of Counterfeit Sales

Unknowingly buying a counterfeit product online is easy to do. So easy, in fact, that nearly one-third (31%) of worldwide shoppers says that they have unwillingly bought a counterfeit product ...
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6 Most Important Things in Business Today

The United Kingdom and European Union finally set terms to move ahead with negotiations to severe their relationship. According to Reuters: Britain and the European Union struck a deal on ...
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Will Amazon Now Reward You for Watching Ads?

Advertising on the worldwide web has been around nearly as long as the web itself. Being forced to view advertising is part of the price we all pay for the ...
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Alibaba to Offer Up to $7 Billion in Debt

China-based e-commerce behemoth Alibaba Group Holdings Ltd. (NYSE: BABA) filed a prospectus on Tuesday with the U.S. Securities and Exchange Commission (SEC) for an underwritten registered public offering of dollar-denominated ...
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Consumer Sentiment Dips, Still Beats Estimate

The University of Michigan Consumer Sentiment Index slumped from an October reading of 100.7 to a November reading of 98.5, a 2.2% month-over-month decrease.  Economists polled by Bloomberg were expecting ...
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55% of Holiday Shoppers Will Check Amazon First for Best Price

Holiday shoppers have become so used to low prices that it almost seems as if that's really just the price retailers have to pay for a seat at the table. ...
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October Retail Sales Up on Strong Car Sales

U.S. consumer spending increased by 0.2% year over year in October and by 4.6% above a revised September increase of 1.9% (up from 1.6%). The U.S. Census Bureau released its ...
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Holiday Shoppers at the Starting Gate: More Than Half Set to Shop Before November 1

It may be the season of the witch, but for many consumers, it is the start of the holiday shopping. Nearly half of consumers plan to begin holiday shopping before ...
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August Retail Sales Sink on Weak Auto Sales

U.S. consumer spending dipped by 0.21% in August, the largest drop of any month so far this year, according to Friday morning's report from the U.S. Census Bureau on estimated ...
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Alibaba Executives Announce Plan to Sell Up to 21.5 Million Shares

In a filing Wednesday with the U.S. Securities and Exchange Commission (SEC), Alibaba Group Holding Ltd. (NYSE: BABA) founder and Executive Chairman Jack Ma and Vice Chairman Joseph Tsai announced ...
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Can Walmart Beat Amazon as an Advertising Platform?

One often-cited reason for the rash of e-commerce acquisitions by Wal-Mart Stores Inc. (NYSE: WMT) is that sites like Jet.com, Bonobos, Hayneedle, Moosejaw and Modcloth give the retail giant a ...
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Amazon: The Devil You Know and the Devil You Don’t

The well-established disruption Amazon.com Inc. (NASDAQ: AMZN) has caused in the brick-and-mortar retail business is spreading. And the fear of Amazon is spreading in sectors as varied as real estate ...
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