Tim Cook, CEO, speaks about Amazon during Apple’s annual world wide developer conference (WWDC) in San Jose, California, U.S. June 5, 2017. REUTERS/Stephen Lam A deal bringing Amazon Prime Video to Apple TV, announced on Monday at Apple Inc’s developer confere... More »
Apparel retailer J.Crew Group Inc [CHNOSJ.UL] said on Monday that James Brett will succeed retail veteran Millard Drexler as chief executive officer. More »
The sign of a Best Buy store in Pasadena, California U.S., February 28, 2017. REUTERS/Mario Anzuoni Best Buy Co Inc, the No. 1 U.S. electronics retailer, reported an unexpected rise in first-quarter comparable sales on Thursday, helped by demand for gaming and... More »
An eBay sign is seen at an office building in San Jose, California May 28, 2014. REUTERS/Beck Diefenbach/File Photo EBay Inc (EBAY.O) on Wednesday forecast second-quarter profit that fell short of analysts’ estimates, as it spends heavily on revamping and mark... More »
A man talks on his mobile phone in front of a Wal-Mart store in Sao Paulo, Brazil, February 16, 2016. To match Insight WALMART-BRAZIL/ REUTERS/Nacho Doce Wal-Mart Stores Inc will offer ‘pickup discounts’ to U.S. shoppers on items they order online and pick up ... More »
FILE PHOTO: An Amazon.com Inc driver stands next to an Amazon delivery truck in Los Angeles, California, U.S., May 21, 2016. REUTERS/Lucy Nicholson/File Photo Hydrogen fuel cell maker Plug Power Inc (PLUG.O) said on Wednesday Amazon.com Inc (AMZN.O) had acquir... More »
An Under Armour logo is seen on a running shoe on display at an store in Chicago, Illinois, U.S., October 25, 2016. REUTERS/Jim Young Shares of sports apparel and shoe maker Under Armour Inc (UAA.N) could rise 30 percent and the company is likely to increase s... More »
Two passengers aboard a ferry look at the Sydney Harbour Bridge as they approach Circular Quay in Sydney, Australia, March 29, 2017. REUTERS/Steven Saphore Australian households saw their wealth balloon to a record A$11.7 trillion ($8.97 trillion) last quarter... More »
FILE PHOTO: An Amazon.com Inc driver stands next to an Amazon delivery truck in Los Angeles, California, U.S., May 21, 2016. REUTERS/Lucy Nicholson/File Photo Amazon.com Inc (AMZN.O) plans to cut 263 jobs at its money-losing parenting products unit Quidsi this... More »
A Mercedes-Benz Concept EQ car is seen during the 87th International Motor Show at Palexpo in Geneva, Switzerland March 8, 2017. REUTERS/Arnd Wiegmann Chinese automaker Chery Automobile Co Ltd [CHERY.UL] has filed a complaint with the country’s trademark regul... More »
An Amazon.com Inc driver stands next to an Amazon delivery truck in Los Angeles, California, U.S., May 21, 2016. REUTERS/Lucy Nicholson Amazon.com Inc on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions invo... More »
FILE PHOTO: Employees work along a Geely Automobile Corporation assembly line in Cixi, Zhejiang province June 21, 2012. REUTERS/Carlos Barria/File Photo China’s Geely Automobile Holdings Ltd (0175.HK) posted its biggest profit growth in eight years on Wednesda... More »
The exterior of a RadioShack store is seen in New York February 5, 2015. REUTERS/Brendan McDermid U.S. electronics chain RadioShack Corp filed for bankruptcy on Wednesday for the second time in a little over two years, faced with a challenging retail environme... More »
Appliances and electronics retailer hhgregg Inc and its Gregg Appliances Inc unit filed for bankruptcy protection on Monday, as they continued to struggle with declining sales for about four years. More »
A model presents a creation from the Giorgio Armani Autumn/Winter 2017 women collection during Milan Fashion Week, in Milan, Italy February 27, 2017. REUTERS/Stefano Rellandini Once again Italian designer Giorgio Armani stunned with bright and eloquent colors ... More »
Appliances and electronics retailer hhgregg Inc is preparing to file for bankruptcy as soon as next month, Bloomberg reported on Friday. More »
Customers ride the escalator at a J.C. Penney store in New York August 14, 2013. REUTERS/Brendan McDermid/File Photo Department store operator J.C. Penney Co Inc (JCP.N) said on Friday it would close 130-140 stores over the next few months, and reported a bigg... More »
A model presents a creation from the Fendi’s Autumn/Winter 2017 women collection. REUTERS/Alessandro Garofalo Italian fashion house Prada brought to the catwalk soft and strong designs in an attempt to define the role of women in society, in a powerful show en... More »
A model presents a creation from Moschino’s Autumn/Winter 2017 women’s collection during Milan Fashion Week in Milan, Italy, February 23, 2017. REUTERS/Stefano Rellandini “Couture is an attitude, not a price point”, read the plain white t-shirt over sturdy lea... More »
Model Gigi Hadid presents a creation from the Fendi’s Autumn/Winter 2017 women collection during Milan’s Fashion Week, in Milan, Italy February 23, 2017. REUTERS/Stefano Rellandini Milan’s fashion elite strolled down an elegant street in “Rome” on Thursday, sp... More »
Activist investment fund Engaged Capital LLC on Thursday nominated five members for election to Rent-A-Center Inc’s board, stepping up its efforts to push the furniture retailer to sell itself. More »
Italian designers Tommaso Aquilano and Roberto Rimondi acknowledge the applause at the end of the Fay Autumn/Winter 2017 women collection during Milan’s Fashion Week, in Milan, Italy February 22, 2017. REUTERS/Stefano Rellandini The curtain went up on Milan’s ... More »
Workers process lettuce for shipment at the Kernel plant in Los Alcazares, Murcia, southeast Spain February 13, 2017. REUTERS/Francisco Bonilla A shortage of iceberg lettuce is likely to continue into March, Spanish farmers say, because freak weather condition... More »
Australian model and designer Madeline Stuart, who has Down syndrome, acknowledges attendees after presenting creations from her label 21 Reasons Why By Madeline Stuart during New York Fashion Week in Manhattan, New York, U.S., February 12, 2017. REUTERS/Andre... More »
Australian model and designer Madeline Stuart, who has Down syndrome, acknowledges attendees after presenting creations from her label 21 Reasons Why By Madeline Stuart during New York Fashion Week in Manhattan, New York, U.S., February 12, 2017. REUTERS/Andre... More »
Ford Taurus cars are seen during a presentation at the 16th Shanghai International Automobile Industry Exhibition in Shanghai, April 21, 2015. REUTERS/Aly Song/File Photo China vehicle sales in January fell by the largest margin since 2015 for several global a... More »
Disney Princess Royal Shimmer Dolls are seen in this undated handout photo provided by Hasbro. REUTERS/Hasbro/Handout via Reuters Hasbro Inc (HAS.O), the No. 2 U.S. toymaker, bucked the glum holiday-quarter trend, as it reported better-than-expected quarterly ... More »
A customer walks in front of a Burberry store in central London July 15, 2008. REUTERS/Alessia Pierdomenico/File Photo British luxury brand Burberry (BRBY.L) said on Monday its incoming chief executive Marco Gobbetti will initially join the company on Jan. 27 ... More »
An American Apparel store logo is pictured on a building along the Lincoln Road Mall in Miami Beach, Florida March 17, 2016. REUTERS/Carlo Allegri Canadian apparel maker Gildan Activewear Inc (GIL.TO) has won a bankruptcy auction for U.S. fashion retailer Amer... More »
U.S. President-elect Donald Trump shakes hands with and Alibaba executive chairman Jack Ma after their meeting at Trump Tower in New York, U.S., January 9, 2017. REUTERS/Mike Segar Alibaba Executive Chairman Jack Ma met U.S. President-elect Donald Trump on Mon... More »
The logo of India’s largest online marketplace Flipkart is seen on a building in Bengaluru, India, April 22, 2015. REUTERS/Abhishek N. Chinnappa/File Photo India’s leading e-commerce company Flipkart shook up its top management for the second time in a year on... More »
People walk with shopping bags in Manhattan, New York City, U.S. December 27, 2016. REUTERS/Andrew Kelly A jump in consumer spending in the final stretch of December significantly offset a slow start to the U.S. holiday shopping season, and is likely to help m... More »
Workers unload a wide body aircraft emblazoned with Amazon’s Prime logo at Lehigh Valley International Airport in Allentown, Pennsylvania, U.S. December 20, 2016. Picture taken December 20, 2016. REUTERS/Mark Makela Amazon.com Inc said it shipped more than 1 b... More »
Apparel retailer J. Crew Group Inc’s shopping website was down for several hours on Monday. More »
By Lin TaylorLONDON (Thomson Reuters Foundation) – British shoppers seeking last-minute Christmas presents may want try their luck at charity stores More »
Shoppers stand in a checkout line during Black Friday sales at a Target store in Culver City, California, U.S. November 25, 2016. REUTERS/David McNew Sales and traffic at U.S. brick-and-mortar stores on Thanksgiving Day and Black Friday declined from last year... More »
The logo of India’s largest online marketplace Flipkart is seen on a building in Bengaluru, India, April 22, 2015. REUTERS/Abhishek N. Chinnappa/File Photo India’s top e-commerce player Flipkart plans to move into the groceries space and make a renewed push in... More »
A clown sits inside a bus seen in front of a Wal-Mart store in Mexico City January 11, 2013. REUTERS/Edgard Garrido/File Photo Wal-Mart Stores Inc will start offering online deals reserved for Cyber Monday two days in advance this year, joining a growing list ... More »
Shoppers sit with bags in London, Britain August 25, 2016. REUTERS/Neil Hall British consumers ramped up their spending last month but some of the increase was due to higher motor fuel prices and concerns about higher inflation are growing, surveys showed on T... More »
A Tesco supermarket is seen, in west London on September 30, 2008. . REUTERS/Toby Melville/Files Tesco Bank, owned by Britain’s biggest retailer Tesco, halted online transactions from all current accounts on Monday after money was stolen from 20,000 of them in... More »
A man carrying an umbrella passes as storm clouds gather over Shell’s Pulau Bukom oil refinery in Singapore, December 17, 2014. REUTERS/Edgar Su/File Photo During Singapore’s full moon festival last month, employer John Kong was focused more on cost-cutting th... More »
A lock icon, signifying an encrypted Internet connection, is seen on an Internet Explorer browser in a photo illustration in Paris April 15, 2014. REUTERS/Mal Langsdon Companies can reduce the risk from the type of cyber attack that took out major websites on ... More »
The logo of McDonalds is seen outside a shop in Vienna in Vienna, Austria, October 1, 2016. REUTERS/Leonhard Foeger Two of America’s biggest commercial brands – discount retailer Target and fast-food chain McDonald’s – have taken steps to tamp down hysteria st... More »
German carrier Air Berlin’s aircraft is pictured at Tegel airport in Berlin, Germany, September 29, 2016. REUTERS/Axel Schmidt/File Photo German carrier Air Berlin (AB1.DE) on Saturday said it had banned Samsung’s Galaxy Note 7 mobile phones from flights, whil... More »
A woman walks past a luxury boutique in a shopping district in Tokyo, Japan, September 29, 2016. REUTERS/Toru Hanai Japan’s retailers are forecasting a gloomy end to the year, as persistent economic malaise and a lack of wage growth eat away at consumer confid... More »
China’s quality watchdog said on Tuesday Samsung Electronics Co Ltd’s (005930.KS) local unit will recall all 190,984 Galaxy Note 7 phones that it has sold in the mainland. More »
Shadows from the sun enhance the geometrical design on the facade of a skyscraper on a autumn day in New York November 10, 2014. REUTERS/John Schults U.S. national vacancy rate for the office sector in the third quarter was flat from the second, even as vacanc... More »
Models present creations at the Prada fashion show during Milan Fashion Week Spring/Summer 2017 in Milan, Italy, September 22, 2016. REUTERS/Max Rossi Retro trenchcoats, feathered cuffs and brightly colored patterns hinting at the 1960s and 70s were among the ... More »
A model checks her phone as she is having her hair done before the Blumarine fashion show during Milan Fashion Week Spring/Summer 2017 in Milan, Italy, September 24, 2016. REUTERS/Max Rossi Fabrics and textures took center stage in the catwalk shows of Bottega... More »
A model presents a creation at the Dolce & Gabbana fashion show during Milan Fashion Week Spring/Summer 2017 in Milan, Italy, September 25, 2016. REUTERS/Alessandro Garofalo Italian fashion brand Dolce & Gabbana transported guests to a warm and busy Italian st... More »
A drone, made by CyPhy Works, carries a UPS package on Children’s Island off the coast of Beverly, Massachusetts during UPS’s demonstration of a drone making a commercial delivery of a package to a remote or difficult-to-access location. REUTERS/Brian Snyder U... More »
A group of 40 investors managing $1.25 trillion in assets have launched a campaign to encourage 16 global food companies to change the way they source protein for their products to help to reduce environmental and health risks. More »
Amazon.com’s logo is seen at Amazon Japan’s office building in Tokyo, Japan, August 8, 2016. REUTERS/Kim Kyung-Hoon Amazon.com Inc (AMZN.O) and Pandora Media Inc (P.N) are planning to launch new versions of their streaming music services in coming weeks, the N... More »
A shopper walks out of a Woolworths store in Sydney, Australia, May 12, 2016. Picture taken May 12, 2016. REUTERS/David Gray Woolworths Ltd (WOW.AX) said on Monday the U.S. company with which it had a hardware retail joint venture had started legal proceedings... More »
NEW YORKFormer supermodel Kathy Ireland has a very familiar face, but these days, it is her apparel and home furnishing brands that grab attention. For someone who was not taken seriously in the business world at first, Ireland now has a net worth of almost a ... More »
Amazon.com Inc will launch new lines of its private-label brands in the coming weeks, the Wall Street Journal reported, citing people familiar with the matter. The new brands with names like Happy Belly, Wickedly Prime and Mama Bear will include nuts, spices, ... More »
TOKYO Tokyo is sticking with plans to raise the sales tax next year, barring a financial crisis or a major natural disaster, Prime Minister Shinzo Abe said on Monday, without saying whether two deadly quakes in southern Japan qualified as such as disaster. The... More »
TOKYO In late 2014, Japanese Prime Minister Shinzo Abe caught markets and voters off-guard when he postponed an unpopular sales tax hike and called a snap election. Less than two years later, the only surprise will be if he doesn’t repeat the play. With consum... More »
Chipotle Mexican Grill Inc (CMG.N), which is trying to recover from a series of food-borne illness outbreaks, temporarily shut a Massachusetts restaurant after four employees fell sick. The restaurant in the town of Billerica, outside Boston, was closed for a ... More »
FRANKFURT The vast troves of consumer data held by big Internet companies should be scrutinized in merger probes because they have a big impact on competition, the president of the German antitrust watchdog told a newspaper. “Until now, markets in which no mon... More »
WASHINGTON Facebook Inc (FB.O) prohibited global users from coordinating person-to-person private sales of firearms on its online social network and its Instagram photo-sharing service on Friday, countering concerns that it was increasingly being used to circu... More »
Amazon.com Inc posted its most profitable quarter ever on Thursday but the world’s No. 1 online retailer still managed to disappoint Wall Street by badly missing estimates, sending its shares down more than 13 percent in after-hours trading. The results, as we... More »
HONG KONG/ BEIJING Xiaomi Inc [XTC.UL], China’s second-biggest smartphone vendor, more than doubled Internet services revenue in 2015 to about $564 million, an internal document reviewed by Reuters showed, but still fell well short of an internal target of $1 ... More »
SAN FRANCISCO Google’s secretive drone delivery project could include a component designed to store packages securely. A patent filed Tuesday in the United States by the company, a unit of Alphabet Inc, describes a “delivery receptacle” designed to take packag... More »
Target Corp is in the early stages of developing its own mobile wallet, three people familiar with the matter said, joining Wal-Mart Stores Inc in posing a threat to recent entrants like Apple Pay. The fourth-largest U.S. retailer has not committed to launch t... More »
An equal number of U.S. shoppers sought to buy items online as they did in physical stores over the Thanksgiving weekend, according to a closely watched survey by the leading retail industry lobby, highlighting the growing importance of e-commerce during the c... More »
CHICAGO Sales at U.S. brick-and-mortar stores on Thanksgiving Day and Black Friday were down slightly from last year, but the performance was still seen as strong in a holiday shopping season where discounts spread well beyond the weekend and many shoppers mov... More »
NEW YORK A Modigliani nude painting was sold to an unnamed Chinese buyer at Christie’s on Monday for $170.4 million, the second-highest price ever for a work of art at auction, as deep-pocketed collectors continue to pay, and pay big, for some rare masterpiece... More »
Troubled teen apparel retailer American Apparel Inc (APP.A) filed for voluntary chapter 11 bankruptcy protection on Monday and said it had reached a restructuring support agreement with most of its secured lenders. American Apparel said it would continue to op... More »
An investigation by the British Broadcasting Corporation (BBC) has revealed that more than 80 calls were made to ambulances by Sports Direct employees at its headquarters in Derbyshire for “life-threatening illnesses”. The figures, which came from a Freedom of... More »
LONDON The UK arm of discount supermarket Aldi said on Monday it would launch an online operation in Britain in 2016, initially selling wine, as it posted a dip in 2014 operating profit reflecting price cuts and higher staff costs. The privately-owned German g... More »
BEIJING “Tragedy” – that was Alibaba Group Holding Ltd (BABA.N) founder Jack Ma’s prediction for the fate of rival JD.com Inc (JD.O) in comments published earlier this year. On Monday, Alibaba signaled it is no longer writing off its smaller competitor, making... More »
Loss-making teen apparel retailer American Apparel Inc (APP.A) said on Tuesday it doesn’t expect to have sufficient funds to keep the business running for the next 12 months, warning shareholders may lose some or all of their investments and it may not be able... More »
A clothing designer area is pictured at TechShop in the South of Market neighborhood in San Francisco, California April 24, 2014. REUTERS/Robert Galbraith In the shadow of Internet monoliths such as Facebook, Google and Twitter, it’s easy to forget that Silico... More »
Square Inc has been in talks with several rivals for a possible sale as the mobile payments startup looks to stem widening losses and dwindling cash, the Wall Street Journal reported, citing people familiar with the matter. More »
