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Financial Markets

Amazon Surpasses Wal-Mart as Biggest Retailer by Market Value

Amazon.com Inc. surpassed Wal-Mart Stores Inc. as the world’s biggest retailer by market value after a surprise second-quarter profit sent the e-commerce company’s stock into record territory.

Financial Markets

Amazon Surpasses Wal-Mart as Biggest Retailer by Market Value

Amazon.com Inc. surpassed Wal-Mart Stores Inc. as the world’s biggest retailer by market value after a surprise second-quarter profit sent the e-commerce company’s stock into record territory.


Financial Markets

Wal-Mart Buys Out China E-Retailer Yihaodian as Founders Leave

Wal-Mart Stores Inc. bought the remaining 49 percent stake it doesn’t already own in Yihaodian, a Chinese e- commerce company, a week after its founders left to start a new venture.

Financial Markets

Wal-Mart Buys Out China E-Retailer Yihaodian as Founders Leave

Wal-Mart Stores Inc. bought the remaining 49 percent stake it doesn’t already own in Yihaodian, a Chinese e- commerce company, a week after its founders left to start a new venture.


Technology

Amazon's Prime Day Draws Big Virtual Crowd, Frustrates Some Shoppers

Merchants participating in Amazon.com's inaugural "Prime Day" sale saw an 80 percent rise in US sales from a year earlier, although the event also drew ire from some shoppers.

Technology

Amazon's Prime Day Draws Big Virtual Crowd, Frustrates Some Shoppers

Merchants participating in Amazon.com's inaugural "Prime Day" sale saw an 80 percent rise in US sales from a year earlier, although the event also drew ire from some shoppers.


Global Markets

Frustrated at Home, South African Retailers Seek Europe Growth

Amid a lack of acquisition opportunities on its home continent, Brait followed the likes of retailers The Foschini Group Ltd. and The Spar Group Ltd. in bypassing the potential of Africa’s growing middle class and targeting European consumers instead.

Global Markets

Frustrated at Home, South African Retailers Seek Europe Growth

Amid a lack of acquisition opportunities on its home continent, Brait followed the likes of retailers The Foschini Group Ltd. and The Spar Group Ltd. in bypassing the potential of Africa’s growing middle class and targeting European consumers instead.


Retail

Uniqlo’s $50 Billion Brand Puzzle

Uniqlo aims to be the number one fashion giant in the world with revenues of $50 billion. But to achieve this, the company needs to be loved for its brand as well as its product.

Retail

Uniqlo’s $50 Billion Brand Puzzle

Uniqlo aims to be the number one fashion giant in the world with revenues of $50 billion. But to achieve this, the company needs to be loved for its brand as well as its product.


Global Markets

Wal-Mart to Bring In-House Some Sourcing Handled by Li & Fung

Wal-Mart Stores Inc, the world's largest retailer, said it has decided to bring in-house some of the product sourcing that has been handled by Direct Sourcing Group (DSG), a unit of Hong Kong's Li & Fung Ltd.

Global Markets

Wal-Mart to Bring In-House Some Sourcing Handled by Li & Fung

Wal-Mart Stores Inc, the world's largest retailer, said it has decided to bring in-house some of the product sourcing that has been handled by Direct Sourcing Group (DSG), a unit of Hong Kong's Li & Fung Ltd.


Retail

Wal-Mart Eyes Amazon in Potentially Costly E-Commerce Battle

Wal-Mart Stores Inc said that it would take a different approach to online growth than Amazon.com Inc by using its large network of stores as distribution points.

Retail

Wal-Mart Eyes Amazon in Potentially Costly E-Commerce Battle

Wal-Mart Stores Inc said that it would take a different approach to online growth than Amazon.com Inc by using its large network of stores as distribution points.


Global Markets

Teen Retailers in Trouble as Malls Lose Luster

The decline of the American mall is threatening to create more retail victims in 2015 as stores that count on enclosed shopping centres for foot traffic find they’re increasingly isolated from consumers.

Global Markets

Teen Retailers in Trouble as Malls Lose Luster

The decline of the American mall is threatening to create more retail victims in 2015 as stores that count on enclosed shopping centres for foot traffic find they’re increasingly isolated from consumers.


Technology

Indian Retailers Hobble Online as E-Commerce Firms Race Ahead

The head of Future Group, one of India's largest and most established retailers, admits he can't keep up with web sites like Snapdeal and Flipkart when it comes to spending money to entice shoppers to buy online.

Technology

Indian Retailers Hobble Online as E-Commerce Firms Race Ahead

The head of Future Group, one of India's largest and most established retailers, admits he can't keep up with web sites like Snapdeal and Flipkart when it comes to spending money to entice shoppers to buy online.


News & Analysis

Cyber Monday Sales Soar to Online-Shopping Record, ComScore Says

NEW YORK, United States — Online shopping surged to a record on Cyber Monday as many consumers snubbed physical stores and took to the Web to buy

News & Analysis

Cyber Monday Sales Soar to Online-Shopping Record, ComScore Says

NEW YORK, United States — Online shopping surged to a record on Cyber Monday as many consumers snubbed physical stores and took to the Web to buy