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October 19, 2015 at 10:34 am
Chinese e-commerce giant Alibaba Group Holding Ltd is lobbying hard to stay off the U.S. Trade Representative's blacklist after coming under renewed pressure this year over suspected counterfeits sold on its shopping platforms. Re-inclusion on the USTR's annual list of the world's most "notorious markets" for sales of pirated and counterfeit goods, while not carrying direct…
October 16, 2015 at 11:22 am
Off-site sellers who enjoyed a steady stream of traffic from Amazon Product Ads will bid farewell to that at the end of October. Amazon.com disclosed over the summer that the service would end on Halloween. Likewise, what appeared to be a possible replacement, or even a competitor with Google AdWords, will also cease operation as Amazon…
October 16, 2015 at 11:17 am
lululemon, the popular luxury athletic wear brand, is holding a three-day warehouse sale at the Hynes Convention Center in Boston this weekend. The sale is a rare event for the company: lululemon sells 95 percent of its gear at full price, The Wall Street Journal has reported. The website does list cheaper items tagged under “We Made…
October 16, 2015 at 11:10 am
Target is partnering with UNICEF to sell fitness bands for kids that will benefit the fund's education program. A month after declaring a shift in its corporate giving strategy, Target Corp. on Tuesday unveiled the first new campaign under its new focus on health and wellness. The Minneapolis-based retailer is partnering with the U.S. Fund for UNICEF…
October 16, 2015 at 11:02 am
LivingSocial is laying off 200 employees, or about 20 percent of its workforce, as it looks to move away from the daily-deals business, the company said Wednesday. The job cuts, which are effective immediately, include about 30 positions in the company’s Washington, D.C. headquarters. The rest of the layoffs are distributed throughout North America, with the company’s…
October 16, 2015 at 10:53 am
From now on, all Apple employees, from its top engineers to its retail and AppleCare workers, will be eligible for a stock grant program that was previously only available to Apple’s corporate employees. Apple CEO Tim Cook announced the new program in a companywide email this week, WIRED has learned. Cook explained that while Apple…
October 15, 2015 at 11:47 am
During the first Democratic presidential debate on Tuesday night, all eyes were on Hillary Clinton, who has a formidable challenge ahead of her in the form of Bernie Sanders. While clearly still the front-runner, Clinton has to convince union members and their liberal activist allies that she’s the candidate for the job, rather than the far-left…
October 15, 2015 at 11:35 am
Wal-Mart Stores Inc. is about to see if investors are willing to stick it out as it embarks on one of the biggest transformations in its history. Wal-Mart’s plan to invest heavily in technology at the cost of precious earnings per share served as a bombshell for Wall Street, triggering the biggest-ever price decline on Wednesday.…
October 15, 2015 at 11:31 am
If Martha Stewart had her way, Kmart could have been KMartha. The home goods mogul said she regrets not buying Kmart before a deal with the discount chain went sour. "We thought about buying it, but we didn't do it, and we should have," Stewart said in an interview with The Associated Press. "That could have been…
October 15, 2015 at 11:27 am
Two years after its catastrophic data breach, Target has become the first major credit card issuer to convert to cards that contain a PIN. The department store — which also issues a Visa credit card that consumers can use anywhere that accepts credit cards — began notifying credit card customers this week that new cards are…
