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Business news

...from sales of counterfeit goods despite the Chinese e-commerce giant's pledge to combat the trade in fakes.A lawsuit...company will fight it. Alibaba, the world's biggest e-commerce company by sales volume, has launched a series of initiatives...

http://chronicle.augusta.com/news/business/2015-05-18/business-news
Wal-Mart profit falls on currency shifts, pay raises

...Stores Inc. reported sluggish sales and a 7 percent drop in first-quarter profit as worker pay raises, spending on e-commerce and currency fluctuations put pressure on the bottom line at the world's largest retailer.The company also reported...

http://chronicle.augusta.com/news/business/2015-05-19/wal-mart-profit-falls-curr
Ascena buying owner of Ann Taylor, Loft for about $2.16B

...company is planning to grow its new casual brand, Lou & Grey, by opening more stores this year and launching its own e-commerce website.Ann shareholders will receive $37.34 in cash and 0.68 of a share of Ascena Retail Group Inc. stock in...

http://chronicle.augusta.com/news/business/2015-05-18/ascena-buying-owner-ann-ta
Mobile growth spurs on Alibaba's revenue surge

...is a key reason why.The Chinese e-commerce reported revenue growth jumped 45...the increasing use of our mobile e-commerce apps will continue to fuel significant...middle-class consumer class. Its e-commerce platforms including Taobao and Tmall...

http://chronicle.augusta.com/news/business/2015-05-07/mobile-growth-spurs-alibab
EBay thinking smaller as it prepares for split from PayPal

...to setting up eBay and PayPal to succeed and to deliver sustainable value to our shareholders," Donahoe said.The e-commerce company is seeking to reinvigorate its marketplace business. It stumbled last year when it had to deal with a change...

http://chronicle.augusta.com/news/business/2015-04-24/ebay-thinking-smaller-it-p
Malls revamp to fend off e-commerce

...the industry even predicted that e-commerce would spell the death of malls...threat has faded. Like catalogs, e-commerce is now considered another channel...to be built across the country. E-commerce hasn't significantly altered consumer...

http://chronicle.augusta.com/stories/2001/02/19/tec_307850.shtml
XXX Technology
Under Armour will emphasize branded stores

...pos sibly a launch of shop-within-a-shop concepts in the retailer's mall stores.''For all the talk about e-commerce and the shift it's played in the retail world ? it's not to say physical locations are going to go the way of...

http://chronicle.augusta.com/news/business/2015-04-04/under-armour-will-emphasiz
New e-commerce site owned by Alibaba puts the focus on small players

NEW YORK - China's largest e-commerce company is making its first appearance...11 Main is owned by Alibaba, the e-commerce giant in China that filed for an...combined, Alibaba had no U.S. e-commerce presence until now.Forrester analyst...

http://chronicle.augusta.com/news/business/2014-06-11/new-e-commerce-site-owned-
Wal-Mart cuts profit outlook

...and the need to invest more in its e-commerce operations.The world's largest...will be move more quickly to bring e-commerce together with physical stores to...shoppers. That means rebuilding its e-commerce operation to further personalize...

http://chronicle.augusta.com/news/business/finance/2014-08-14/wal-mart-cuts-prof
Amazon's new robot army is ready to ship

...Rosales hiked miles of aisles each shift to "pick" each item a customer ordered and prepare it for shipping.Now the e-commerce giant boasts that it has boosted efficiency - and given workers' legs a break - by deploying more than 15,000 wheeled...

http://chronicle.augusta.com/news/business/2014-12-01/amazons-new-robot-army-rea