Online shopping

February 04, 2020 - 12:38 pm
NEW YORK (AP) — The owner of the New York Stock Exchange has made an offer to buy online marketplace eBay Inc., the Wall Street Journal reported Tuesday. The Journal said International Exchange Inc. is valuing eBay at more than $30 billion, compared to eBay's value of around $28 billion before the...
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FILE - In this Jan. 22, 2020, file photo a store front is closed below an Express retail clothing store in Valley West Mall in West Des Moines, Iowa. On Tuesday, Jan. 28, the Conference Board reports on U.S. consumer confidence for January. (AP Photo/Andrew Harnik, File)
February 03, 2020 - 6:33 am
A consortium of buyers, including mall owners Simon Property Group and Brookfield Property Partners, is bidding $81 million for Forever 21, the ubiquitous mall staple that filed for bankruptcy protection in September. Simon and Brookfield are Forever 21's biggest landlords. The other bidder is...
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Dec. 27, 2019. Asian stocks followed Wall Street higher on Friday amid optimism U.S.-Chinese trade relations are improving. (AP Photo/Ahn Young-joon)
December 27, 2019 - 5:01 am
BEIJING (AP) — Global stock markets moved mostly higher on Friday amid optimism that U.S.-Chinese trade relations are improving and on early reports that online Christmas shopping was up over last year in the U.S. European markets rose in midday trading and Wall Street was primed for more gains...
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FILE - In this June 26, 2019, file photo a FedEx truck drives in Philadelphia. FedEx reports earnings Tuesday, Dec. 17. (AP Photo/Matt Rourke, File)
December 17, 2019 - 4:49 pm
NEW YORK (AP) — FedEx said Tuesday that its profit fell 40% in its most recent quarter, hurt by higher costs, a shorter holiday shipping season and its move to cut ties with online shopping giant Amazon. The package delivery company also cut its earnings expectations for the year. Its stock tumbled...
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FILE - In this July 17, 2018, file photo Amazon Prime packages sit in a delivery truck before being unloaded in Miami. It’s just a week into the holiday shopping season, and Amazon is already having trouble getting packages to shoppers’ doorsteps on time. The company said the delays are due to bad weather in parts of the country and the large amount of orders it received during the Thanksgiving weekend, when it offered steep discounts. (AP Photo/Lynne Sladky, File)
December 06, 2019 - 12:31 pm
NEW YORK (AP) — Amazon said Friday that it's back to delivering its packages on time after bad weather and a rush of orders caused some delays earlier in the week. “We quickly re-balanced capacity and it’s all systems go now,” tweeted Amazon executive Dave Clark, who oversees Amazon's warehouse and...
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In this Nov. 26, 2019, photo a UPS man delivers a package to a residence in North Andover, Mass. “Cyber Monday” is still holding up as the biggest online shopping day of the year, even though the same deals have been available online for weeks and the name harks back to the days of dial-up modems. (AP Photo/Elise Amendola)
December 02, 2019 - 12:46 pm
NEW YORK (AP) — Cyber Monday is still holding up as the biggest online shopping day of the year, even though many of the same deals have been available online for weeks and the name harks back to the days of dial-up modems. Shoppers are expected to spend a record $9.4 billion on purchases made on...
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People carry shopping bags while crossing a street in San Francisco, Friday, Nov. 29, 2019. Black Friday once again kicked off the start of the holiday shopping season. (AP Photo/Jeff Chiu)
November 30, 2019 - 9:29 am
NEW YORK (AP) — This year’s Black Friday was the biggest ever for online sales, and Adobe Analytics says carts filled on phones, computers and tablets rang up $7.4 billion in transactions. That ranks just behind the $7.9 billion haul of last year’s Cyber Monday, which holds the one-day record for...
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People shop at Macy's department store during Black Friday shopping, Friday Nov. 29, 2019, in New York. Black Friday shoppers fought for parking spots and traveled cross-state to their favorite malls, kicking off a shortened shopping season that intensified the mad scramble between Thanksgiving and Christmas. (AP Photo/Bebeto Matthews)
November 29, 2019 - 1:05 pm
NEW YORK (AP) — Black Friday enthusiasts woke up before dawn and traveled cross-state to their favorite malls in search of hot deals, kicking off a shortened shopping season that intensified the scramble between Thanksgiving and Christmas. But the ever-growing popularity of online shopping and...
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FILE- In this Aug. 3, 2017, file photo, packages ride on a conveyor system at an Amazon fulfillment center in Baltimore. Amazon, Walmart and others are promising to deliver more of their goods in a day and this holiday season will be the first real test of whether they can make that happen. (AP Photo/Patrick Semansky, File)
November 28, 2019 - 5:47 am
NEW YORK (AP) — This year, holiday stress may take on a whole new meaning for online retailers. Amazon, Walmart and others have promised to deliver more of their orders within 24 hours of customers clicking on “Buy.” The coming weeks will be the first test of whether they can make that happen...
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People walk by Tiffany's flagship store, Monday, Nov. 25, 2019 in New York. French luxury group LVMH has agreed to buy iconic New York jeweler Tiffany & Co. for $16.2 billion, adding a famed star to its portfolio that already boasts Louis Vuitton, Christian Dior and Bulgari. (AP Photo/Mark Lennihan)
November 25, 2019 - 1:04 pm
PARIS (AP) — French luxury group LVMH has agreed to buy New York jeweler Tiffany & Co. for $16.2 billion, adding a famed star to its portfolio that already boasts Louis Vuitton, Christian Dior and Bulgari. LVMH said in a statement Monday it will take over the 182-year old Tiffany and its 300...
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