retail

FTC Reviewing Amazon Pricing Policy Following Watchdog Complaint

The Federal Trade Commission is investigating allegations that online retailer Amazon (NASDAQ: AMZN) misleads customers about its prices and discounts. The FTC action comes as part of a review of ...
Read Full Story »

Back-to-School Spending to Top $83 Billion, Says Retail Group

Buoyed by a strong job market and a stable economy, consumers are forecast to spend $83.6 billion on back-to-school and back-to-college items, an increase of more than 10% from last ...
Read Full Story »

Shopping by Photos: Amazon Launches Spark

After a few months of quietly testing its latest plan to take over the world, Amazon.com Inc. (NASDAQ: AMZN)  rolled out its latest social media feature -- Spark, a shopping ...
Read Full Story »

Milestone: 10% of Global Retail Sales to Come From E-commerce This Year

The retail e-commerce market is expected to generate total global sales of $2.29 trillion this year, slightly more than 10% of total global retail sales projected to reach $22.737 trillion. ...
Read Full Story »

Inflation and Retail Sales Continue to Disappoint

Earlier this week Federal Reserve Chair Janet Yellen signaled in her congressional testimonies that the Federal Open Market Committee's rate hikes may already be closer to an end. Yellen also ...
Read Full Story »

House of Chanel Wins $3 Million for Counterfeit Sales on Amazon

Luxury fashion brand Chanel won a judgment late last month in a California lawsuit alleging that about 30 Amazon.com Inc. (NASDAQ: AMZN) sellers had peddled fake Chanel-branded products on Amazon's ...
Read Full Story »

Amazon Takes Aim at Best Buy’s Geek Squad

At 9:00 p.m. ET tonight, Amazon.com Inc.'s (NASDAQ: AMZN) Prime Day officially begins and runs for the next 30 hours. It's a high-profile, widely promoted event that Amazon hopes will ...
Read Full Story »

Amazon Taking Preorders for Built-In Fire TV

E-commerce giant Amazon.com Inc. (NASDAQ: AMZN) has offered a Fire TV set-top box for about three years, and now the company is adding the capabilities of the box to three ...
Read Full Story »

What Moms Want for Mother’s Day and What Amazon Is Selling

Somewhere between 60% and nearly 90% of Americans plan to celebrate Mother's Day (Sunday, May 14, in case you forgot) by presenting their mothers with a gift. But what does ...
Read Full Story »

Best Buy Up 50% in Last Year to All-Time High

Consumer electronics retailer Best Buy Co. Inc. (NYSE: BBY) traded at an all-time high Wednesday morning, and the company's stock has gained slightly more than 50% over the past 12 ...
Read Full Story »

Analyst Opines Amazon Could Be Worth More Than Microsoft

At the closing bell on Thursday, the market cap for Amazon.com Inc. (NASDAQ: AMZN) was $422.1 billion and the company was the fourth-largest U.S.-listed firm. The third-largest company by market ...
Read Full Story »

Bed Bath & Beyond Still Carries Ivanka Trump Merchandise

Late last week, press stories claimed that Bed Bath & Beyond Inc. (NASDAQ: BBBY) was the latest retailer to dump the Ivanka Trump line of merchandise. The company's management took to Facebook ...
Read Full Story »

Did Amazon Get a Good Deal for Souq.com?

When word leaked out last week that Amazon.com Inc. (NASDAQ: AMZN) would purchase Middle Eastern e-commerce firm Souq.com for less than $1 billion, the Reuters report referred to the deal ...
Read Full Story »

Amazon’s Alexa Adds Voice Shopping for Prime Now

The whole point of all the gizmos, gadgets and freebies doled out by Amazon.com Inc. (NASDAQ: AMZN) is to make it so easy for consumers to buy from Amazon that ...
Read Full Story »

5 Things You Can Do With Virtual Reality

Most people expect big things from the market for virtual reality (VR) gear. After all, when Facebook Inc. (NASDAQ: FB) paid $2 billion for Oculus Rift in 2014, that pretty ...
Read Full Story »