commerce

Adidas Increases Focus to Up U.S. Market Share

Adidas Increases Focus to Up U.S. Market Share

When people think of Adidas in the U.S., sportswear, sneakers, and the infamous trackpants immediately come to mind. The German sportswear maker plans to increase its U.S. market share to around 15-20% in the new year from the approximate 10% that m..

JPMorgan upgrades Amazon along with Facebook, Twitter, and Priceline

JPMorgan upgrades Amazon along with Facebook, Twitter, and Priceline

J.P. Morgan analyst, Doug Anmuth, highlighted the importance of Amazon.com, Inc.(NASDAQ: AMZN) and its eCommerce business. He said that the online retailer has no end and that Jeff Bezos’ is just getting started. Anmuth also upgraded Facebook,..

Signet Jewelers Shares Drop

Signet Jewelers Shares Drop

On Tuesday, Signet Jewelers Ltd. (NYSE: SIG) announced shares lost almost a third of their value after reporting a third quarter loss with a drop in store sales while also expecting to earn less profit for the full year than previously anticipated.F..

Amazon’s First Cashierless Store to Launch

Amazon’s First Cashierless Store to Launch

Downtown Seattle is the home of Amazon.com, Inc. (NASDAQ: AMZN) experimental convenience store called Amazon Go. For the past year, the company has been testing this store to allow customers to walk in, pick up products, and pay without st..

China Energy Invests $83 billion into Energy Projects in West Virginia

China Energy Invests $83 billion into Energy Projects in West Virginia

According to Reuters, China Energy Investment Corp, the world’s largest power company in value of assets, has now signed a memorandum of understanding (MOU) to invest $83.7 billion in shale gas, power, and chemical projects in West Virginia, U..

Amazon Discounting Items from Third Party Sellers

Amazon Discounting Items from Third Party Sellers

Amazon.com, Inc. (NASDAQ:AMZN) is reducing the price of products sold by third party sellers to increase sales for this holiday season. The retailer is offering up to a 9% discount on top of their Black Friday Deals Store where shoppers can pur..

Alibaba Posts Better-than-Expected Earnings

Alibaba Posts Better-than-Expected Earnings

Alibaba Group Holding Ltd. (NYSE: BABA) on Thursday reported raised its full year forecast after the company reported better-than-expected quarterly earnings.The Chinese e-commerce giant said revenue rose 61 percent to 55.12 billion yuan ($8.34 bill..