Open markets and global trade have been blamed for job losses over the last decade, but global CEOs say the real culprits are increasingly machines as companies open robot factories and introduce AI to retail.
Jeff Bezos may be holding a Trump card in the U.S. retail-store slump. Amazon's American Apparel bid could show the president-elect suspicious of Silicon Valley that he's saving thousands of working-class U.S. jobs.
Wal-Mart Stores Inc said on Wednesday it has completed the rollout of its Wal-Mart Pay mobile payment service across the United States and that 88 percent of transactions on the payment app are from repeat users.
Amazon has dislodged Snapdeal to become India's second-largest online marketplace by shipments last month, industry estimates show, according to ETRetail.com. It also became the only major player to increase share fro...
Chinese e-commerce giant Alibaba is expected to surpass the US multinational firm Walmart soon as the world's largest retail platform with its total trading volume this fiscal year set to exceed $463 billion.