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Tag: Retail e-commerce sales

Amazon partners with Future Retail to further push into Indian market

A food aisle at a Big Bazaar hypermarket, operated by Future Retail, in Mumbai, India Dhiraj Singh | Bloomberg | Getty Images Amazon is partnering with a leading Indian retail group as it continues its push into the world’s second most populous country. Under a new deal announced Monday, Amazon will become the official online …

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Main Street could see smaller crowds this Small Business Saturday

Portrait of small business owner MoMo Productions | Taxi | Getty Images American Express created Small Business Saturday in 2010 to try to encourage shoppers to support local retailers, but a new CNBC/SurveyMonkey Small Business Survey shows waning enthusiasm for the day. The survey, conducted Nov. 20–22, surveyed 2,397 Americans nationwide across all age demographics. …

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Black Friday may not save retail, but some e-commerce plays are buys

Retail has had a rough year. One of the worst-performing groups in the stock market for 2019, retail stocks have had difficulty mitigating the effects of the ongoing U.S.-China trade war and consumers’ shifting shopping preferences, with names like Macy’s and Gap notching double-digit losses for the year. The SPDR S&P Retail ETF, also known …

Black Friday may not save retail, but some e-commerce plays are buysRead More

This is Walmart’s ‘Achilles heel,’ expert says ahead of Q3 earnings

Walmart could be about to hit a wall. The world’s largest brick-and-mortar retailer is scheduled to report its fiscal third-quarter earnings on Thursday before the opening bell, and Wall Street experts are watching closely for any word on China, the Amazon.com rivalry or the state of the U.S. consumer. But not everyone’s convinced it’ll continue …

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EMQQ founder ‘takes comfort’ in US-China trade war

They don’t call them “emerging” markets for nothing. Overhangs to the emerging markets bull case — most notably the ongoing U.S.-China trade dispute and the increasingly violent protests in Hong Kong — aren’t swaying EMQQ founder Kevin Carter from his post as head of the China-heavy exchange-traded fund. In fact, the cacophony of China worries …

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ETF Edge on the bond boom, Singles Day, Chinese consumers

[The stream is slated to start at 1:00 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC’s ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants at the …

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Singles’ Day not a reason to buy Alibaba, market history says

China’s Singles’ Day, the world’s largest online shopping event, takes place next Monday, Nov. 11. Singles’ Day was started by e-commerce giant Alibaba a decade ago, and it’s become a sales phenomenon. In 2018 sales topped $30 billion, making it bigger than Black Friday and Cyber Monday combined. Some analysts, however, believe sales growth expectations …

Singles’ Day not a reason to buy Alibaba, market history saysRead More