Tag: Retail e-commerce sales

Target’s 1Q profit surges as shoppers go out and spend

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NEW YORK — Target Corp. on Wednesday reported that its sales and profits surged in its fiscal first quarter thanks to shoppers eager to...

Walmart blows past expectations for the first quarter

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NEW YORK — Walmart blew past Wall Street projections in the first quarter with U.S. stimulus payments to Americans helping to boost sales and...

Missouri set to require online stores to collect taxes

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JEFFERSON CITY, Mo. — Missouri is set to become the last state to require out-of-state online stores to collect sales taxes on residents' purchases...

Farmers file antitrust lawsuit against big ag companies

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BOISE, Idaho — A group of farmers has filed an antitrust case against several big agricultural companies, contending the companies worked together to ban...

Coupang, the Amazon of South Korea, makes its debut on NYSE

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The biggest IPO in years is rolling out Thursday on the New York Stock Exchange where Coupang, the South Korean equivalent of Amazon in...

From job cuts to online commerce, virus reshaped US economy

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WASHINGTON — At first, it was expected to be brief. At least that was the hope. ...

Luxury seller Saks to spinoff website into separate company

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NEW YORK — Saks Fifth Avenue is spinning off its website into a separate company, with the hopes of expanding that business at a...

Online sales soar in 4th quarter for retailer Ahold Delhaize

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THE HAGUE, Netherlands — Online sales at retailer Ahold Delhaize soared nearly 72% in the final quarter of 2020, the company said Wednesday, as...