The platform allows U.S. users to search for items they wish to buy, provides recommendations based off of their web activity and offers multiple purchasing options, including direct check out through Google.
While China has raised import duties on several categories of U.S. goods, it lowered tariffs on apparel, cosmetics, household goods and jewelry, which could see these industries thrive, according to Cowen and Company.
A grocery industry veteran who led U.K. retailer Tesco's online operation was named president of Walmart’s Jet.com e-commerce business in the retail behemoth’s latest move for a bigger piece of the competitive sector.
Google routinely fields product queries from millions of shoppers. Now it wants to take a cut of their purchases, and is teaming up with retailers including Target, Walmart, Home Depot, Costco and Ulta Beauty .
A federal judge on Monday said Tiffany & Co may recover at least $19.4m in damages from Costco Wholesale Corp over the warehouse club chain's illegal sale of counterfeit diamond engagement rings under the "Tiffany" name.
Target Corp forecast sales to increase for the first time in five quarters, thanks to improved customer traffic and sales trends, sending its shares up as much as 4.4 percent and pushing retail stocks higher.