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Amazon to Open First Retail Store in London?
April 22, 2013

Could Amazon.com be opening its first retail store in London? Business consultant Dan Barker published a blog post that includes a link to a cached listing for a job posting that had been published on eBay's Gumtree classifieds site. "As this is our first Amazon store you will be a part of our companies (sic) history. You will be heavily promoting the store within Westfield enticing passers by to visit our state of the art show room," the supposed Amazon job listing reads. Barker was hedging his bets about

Farfetchโ€™s New Retail Plan Could Revolutionize E-Commerce
April 22, 2013

Every day, we receive numerous pitches touting the "next big thing" in e-commerce. Usually, these websites, apps and tools are way too complicated, useless, annoying or all of the above to ever actually catch on. Occasionally, something special like Gilt Groupe, Moda Operandi or Rent the Runway emerges. Farfetch, the online hub for independent boutiques across the world (which might otherwise not be able to afford to run e-commerce), is one of those rare successes. 

Ralph Lauren to Pay $1.6M to Settle Bribery Case
April 22, 2013

Ralph Lauren Corp. has agreed to pay $1.6 million to resolve allegations that it bribed government officials in Argentina to get customs clearance for its merchandise. The Securities and Exchange Commission said Monday that the clothing maker

Etsy Takes Different Tact than eBay with Digital Content
April 22, 2013

Etsy announced a new feature for enabling sellers to fulfill digital orders automatically, unlike its older colleague eBay, which banned its sellers from listing digital downloads for sale on its site in 2008. Instead of having to email a digital file...

Leslie's Swimming Pool opens 8 stores this week, 48 in spring
April 22, 2013

Phoenix -- Leslieโ€™s Poolmart said Monday it will grand-open eight Leslieโ€™s Swimming Pool stores on April 26-28, part of the companyโ€™s pre-stated goal to open 48 new stores in spring 2013. New stores will open in Bristol, Conn.; South Elgin, Ill.; Kansas...

Restoration Hardware swings to loss in Q4, but edges forecasts
April 19, 2013

Corte Madera, Calif. -- Restoration Hardware Holdings Inc. reported Friday a loss of $28.4 million for the quarter ended Feb. 2, compared with a profit of $24 million in the year-ago period. Results, impacted by costs associated with the companyโ€™s...

Under Armour exceeds expectations with 23% revenue increase
April 19, 2013

Under Armour outperformed analysts' projections for the first quarter of 2013, delivering a 23 percent increase in revenue and $0.07 earnings per share. Analysts had projected only a $0.03 return on those shares. Revenue from apparel, which accounts for...

Online Sales Tax Bill Gaining Senate Momentum
April 19, 2013

The contentious ongoing issue of charging and collecting sales tax for e-commerce transactions has been a point of concern for many states, all desperate for additional revenue that they feel should be gained as an intrinsic part of making purchases online. Some states, like California, enacted legislation to force sites to collect that sales tax when its residents make purchases. The state-by-state approach may soon see the much-debated federal version of an online sales tax bill up and running sooner rather than later. 

Report: Icahn backing away from Dell bid
April 19, 2013

According to a published report, billionaire investor Carl Icahn is unlikely to follow through on a preliminary offer to acquire Dell, becoming the second suitor to revise views of the company after reports showed a staggering decline in PC sales. The...