Ebay beat Wall Street estimates for quarterly revenue and profit on Wednesday, as efforts to make its platforms easier to navigate attracted more customers, coupled with growth in its advertising and payments businesses.
Amazon.com Inc’s Prime Day is now a major marketing opportunity and shopping event in the annual calendar for other U.S. retail companies, rivalling the Thanksgiving holiday’s Black Friday as a driver of sales.
It started as a simple sales promotion, but Amazon's Prime Day has now morphed into a major phenomenon joined by scores of retailers jockeying with the US colossus for a bigger slice of the e-commerce pie.
Private shareholders in Sainsbury’s berated the board of the British supermarket chain at its annual meeting on Thursday over its failed takeover of rival Asda, as well as a share price slump and what it pays its boss.
Walmart said on Thursday it will pay $282 million to settle a seven-year-long investigation into whether its overseas units in Mexico, Brazil, China and India violated the U.S. Foreign Corrupt Practices Act.
Apparel brands facing rising uncertainty and cost in global supply chains need to make their merchandise closer to the point of sale and entertainment brands are increasingly turning to Amazon for help.