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Walmart Stores Inc said on Thursday it would raise entry-level wages for hourly employees to $11 an hour as it benefits from the biggest overhaul of the U.S. ...
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Giant online retailer Amazon.com Inc (AMZN.O) said it shipped over 5 billion items worldwide via its subscription based Prime service in 2017 while adding more new members than ...
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Giant Retailer, Macy’s Inc (M.N) said on Friday said it had a strong start to the holiday shopping season and would hire an additional 7,000 temporary workers in ...
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Sears Holdings Corp (SHLD.O) cut its third quarter loss by almost $200 million compared to a year ago, the company said on Thursday, November 30, benefiting from lower ...
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konga
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Konga.com has announced its decision to become a prepay only platform. This decision was taken as part of its measures to become more efficient and to focus on ...
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BUSINESS & ECONOMY COVER RETAIL

Walt Disney Co. Chief Executive Officer Bob Iger gave investors a big download Thursday, November, 9,  on what’s in store for the company’s new video streaming service. Iger ...
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HP Partners Yudala
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Yudala, an online and offline electronic commerce outfit, says it will offer genuine products during its Black Friday sales. Black Friday is a shopping season when shops offer ...
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NEWSLETTER RETAIL

Wal-Mart Stores Inc (WMT.N) on Tuesday forecast U.S. online sales to increase by about 40 percent and overall net sales by at least 3 percent in the fiscal ...
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BUSINESS & ECONOMY RETAIL

Despite Nigeria’s retail sector being dominated by independent formats like Open Markets and Kiosks in terms of absolute store numbers; the Nielsen Shopper & Retail World Conference held ...
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Wal-Mart Stores Inc (WMT.N) said on Tuesday,October 3, said it has acquired Parcel Inc, a New York-based last-mile delivery startup, as the retailer seeks to better compete with ...
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BUSINESS & ECONOMY COVER RETAIL

The Jumia Bot works by asking customers what they’re looking for, and then using their answers to uncover the best offers. True to its mission of expanding horizons, ...
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Jumia (www.Jumia.com) has announced its inaugural essay writing competition for all Nigerian students with the chance to win up to 1 million naira in scholarship. The competition is a ...
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South Africa owned retail chain, Shoprite topped estimates with a 12 percent rise in annual profit even, as consumers battling recession and job losses turned to its non-frills outlets. ...
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China’s top e-commerce firm, Alibaba beats analyst estimates with a 56 percent rise in first-quarter revenue, driven by strong online sales. Thursday’s results show that Alibaba Group Holding ...
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Retail giant, Wal-Mart Stores Inc on Thursday posted lower quarterly profit margins and indicated earnings for the current period could miss analysts’ estimates as it cut prices and spent ...
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The internet has made shopping and booking very easy. You can sit in the comfort of your room to buy or book anything. The consequence of the shopping ...
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Giant e-commerce site, Amazon.com Inc on posted a surge in retail sales along with a profit slump, as its rapid, costly expansion into new shopping categories and countries showed no ...
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Giant e-commerce firm, Amazon.com Inc (AMZN.O) on Tuesday, July 11, said its Prime Day sale was on track to be the biggest shopping event in its history by ...
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Shares of Giant fashionable wares designer, Abercrombie & Fitch Co (ANF.N) dipped by 21 percent on  and dragged down other stocks in the battered retail sector as the ...
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INTERNATIONAL NEWSLETTER RETAIL

Chinese e-commerce company,  Alibaba Group Holding is investing an additional $1 billion in Southeast Asian online retailer Lazada Group, boosting its stake by nearly a third to 83 ...
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