Edition:
United Kingdom

Nandita Bose

Deliv signs up 20 new U.S. retailers for same-day delivery

13 Dec 2018

Deliv Inc, which uses contract drivers to deliver online orders from stores and malls for a fee, said on Thursday it is partnering with twenty new U.S. retailers including Nike and Bed Bath & Beyond as demand for same-day delivery surges.

Opening on Thanksgiving hurts retailers more than it helps

27 Nov 2018

NEW YORK As store sales fall and purchases shift online over the Thanksgiving weekend, many U.S. retailers still open their doors on Thanksgiving itself, Thursday evening - to their detriment.

On Black Friday, more U.S. shoppers chose the computer over the mall

25 Nov 2018

NEW YORK The Thanksgiving Day and Black Friday kickoff of the U.S. holiday shopping season showed the increasing preference for online purchases, as more Americans opted to stay home and use their smartphones while sales and traffic at brick-and-mortar stores declined. | Video

Black Friday deals lure U.S. shoppers, biggest sales gains online

24 Nov 2018

NEW YORK Shoppers across the United States snapped up deep discounts on toys, clothing and electronics both online and at stores on Black Friday, giving retailers a strong start to their make-or-break holiday season. | Video

Online surge, long lines mark start of Thanksgiving sales

23 Nov 2018

NEW YORK, Nov 23 U.S. shoppers hit department stores on Thanksgiving evening and spent $1.75 billion online by 5 p.m. ET as a strong economy and rising wages drove a solid start to the holiday selling season.

Target shares tumble after profit miss, big jump in inventories

20 Nov 2018

Target Corp said on Tuesday that third-quarter profit missed estimates as investments in its online business, higher wages in a tight labor market and price cuts hurt margins and a big jump in inventories ahead of the critical holiday season worried investors.

Strong U.S. economy boosts Walmart's third-quarter sales

15 Nov 2018

NEW YORK Walmart Inc reported higher-than-expected quarterly U.S. comparable sales on Thursday and raised its full year outlook as a strong economy boosted customer store visits and e-commerce purchases grew as it sold more groceries online.

CEO of Walmart's India venture resigns after sexual assault accusation: source

14 Nov 2018

The chief executive of Flipkart Group, Walmart Inc's Indian e-commerce business, resigned following an internal probe into accusations of "serious personal misconduct," Walmart said Tuesday. | Video

World News