Shares of Amazon surged above $1,000 for the first time Tuesday, marking another milestone in the rise of the American online retail giant. Near 14:10 GMT, the company's shares were selling at...
This week it was Bebe. Last month it was Staples. In February it was JCPenney. Stores are closing at an epic pace. In fact, the retail industry could suffer far more store closures this year than...
Ralph Lauren Corp. plans to shut its flagship Polo store on New York's Fifth Avenue and cut some staff as it shifts more resources to e-commerce, the American fashion label said Tuesday. The company...
As Ghanaians head to the polls tomorrow, concerns are being raised over the impact the general elections will have on business activities across the country. It is expected that the country’s...
More Chinese are using mobile devices to shop online than ever before, with more choosing to shop from their handsets than their computers during Friday's Singles' Day shopping event. Chinese...
Jack Ma, president of the nation’s e-commerce giant Alibaba speaks in front of a giant screen displaying total gross merchandise volume (GMV) of Alibaba’s online marketplace Tmall for Singles’...
An electronic screen shows sales on Alibaba’s retail platforms hit 10 billion yuan (US$1.5 billion) at a gala staged by Alibaba for the Singles’ Day shopping festival in Shenzhen. Chinese...
