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Macy's Sales Fall Short of Expectations, Announces Entry Into China

Macy's Inc did not meet sales expectations as the stronger dollar dampened foreign tourist spending in its stores while strikes in the West Coast ports and the removal of a sales event further affected performance, reports said.

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Chinese E-Commerce Giant Alibaba Buys 20% Stake in Suning for $5 Billion to Boost Services

Chinese e-commerce giant Alibaba bought a 20% stake in Chinese consumer electronics retailer Suning for $4.6 billion saying the investment will help its distribution network in the country.

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Softbank To Sell Humanoid Robots Soon, Only 1,000 Units Available Each Month

Japanese tech giant is set to offer a humanoid robot programmed to understand human emotions.

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Alibaba Earned Record-Breaking Sales on Singles’ Day

China’s e-commerce giant Alibaba amassed sales nearing $7 billion from its annual Singles’ Day shopping craze—the World’s biggest online shopping day of the year.

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Alibaba Prepares for Singles’ Day—World’s Biggest Online Shopping Day of the Year

Alibaba is up and about prepping for Tuesday, Nov.11, a day for “Singles” and is the world’s biggest online shopping day of the year.

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Yahoo Pressured by Activist Investor Starboard to Buy AOL

Online giant Yahoo was challenged by an activist investor and major shareholder, Starboard Value LP to team up with AOL Inc.

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Alibaba's Jack Ma Becomes Richest Man In China

The surge in Alibaba's shares makes the chairman and CEO Jack Man China's richest man.

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Alibaba's Jack Ma Becomes Richest Man In China

The surge in Alibaba's shares makes the chairman and CEO Jack Man China's richest man.

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SoftBank to Get $4.6 billion from Alibaba listing

Japanese telecommunications giant SoftBank expects to acquire $4.6 billion from Alibaba Group Holding’s share lisiting.

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Alibaba Beats Amazon As Most Valued E-Commerce Website

Alibaba's evaluation of $167 billion beats Amazon's capitalization of $150.2 billion.

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Fourth Most Valuable Tech Company

Alibaba has becomes the fourth most valuable tech company in the world.

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Alibaba Plans to Make the Biggest Stock Debut in History Worth $24.3 Billion, What to Consider in Buying Alibaba Shares

Online shopping giant Alibaba sells its shares to raise $24.3 billion in total, considered as the largest Initial Public Offering (IPO) in history.

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Alibaba Reaches Out To Chinese People Outside the Homeland

The trading company Alibaba widens its market by tapping into Chinese people outside the mainland.

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Just In

Amazon CEO Andy Jassy Faces Backlash Over Tone-Deaf Comments Amidst New Seller Fees

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Target Enhances Family Safety with Car Seat Trade-In Event in Spring 2024

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Frisch's Big Boy Closure Continues: Iconic Burger Chain to Shut Another Store in Wave of Statewide Shutdowns

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Walgreens to Close Local Store Permanently, Leaving Residents Facing Longer Drives for Essentials

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Best Buy's Strategic Shift: Closing Multiple Stores to Enhance Efficiency, CEO Confirms

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Chase Bank to Shut Down Nine Locations as Part of Ongoing Nationwide Cuts

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2

Walgreens to Close Local Store Permanently, Leaving Residents Facing Longer Drives for Essentials

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3

Fosters Freeze Closes All Locations Statewide, Citing New Wage Laws as a Contributing Factor

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Publix Protest: Shoppers Call for Boycott Over Removal of Popular Store Feature

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Frisch's Big Boy Closure Continues: Iconic Burger Chain to Shut Another Store in Wave of Statewide Shutdowns

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