Ecommerce

This year’s edition of Amazon’s “Prime Day” promotion generated the biggest shopping day in the Seattle-based ecommerce giant’s history, eclipsing Cyber Monday and Black Friday, the company said Wednesday.

Amazon may face mounting regulatory pressure and lawsuits over its pricing practices, according to former Walmart U.S. CEO Bill Simon.

Ecommerce giant Amazon’s “Prime Day” discount promotion begins Monday with a notable caveat. This year’s 30-hour promotion marks the first time the Seattle-based retailer will collect sales tax nationwide alongside thousands of discounted sale offerings.

Ecommerce giant Amazon’s “Prime Day” discount promotion begins Monday with a notable caveat. This year’s 30-hour promotion marks the first time the Seattle-based retailer will collect sales tax nationwide alongside thousands of discounted sale offerings.

Shares of Best Buy (NYSE:BBY) plunged Monday amid a report that top competitor Amazon Inc. (NYSE:AMZN) is rolling out its own version of Best Buy’s “Geek Squad” tech support service.

Shares of Best Buy (NYSE:BBY) plunged Monday amid a report that top competitor Amazon Inc. (NYSE:AMZN) is rolling out its own version of Best Buy’s “Geek Squad” tech support service.

Ken Nercessian was a chef for the acclaimed St. Regis Hotel in New York City, but in 2004 he threw away his apron for a bag of popcorn.

Consumers have a fresh urge to splurge creating a windfall for U.S. retailers and shippers.

Consumers have a fresh urge to splurge creating a windfall for U.S. retailers and shippers.

As traditional retail struggles to survive in an environment of online shopping, luxury department-store chain Neiman Marcus might have found a sweet spot.

As traditional retail struggles to survive in an environment of online shopping, luxury department-store chain Neiman Marcus might have found a sweet spot.

Some interns in America make more in one summer than some people take home in a year.

Some interns in America make more in one summer than some people take home in a year.

Technology companies such as Apple, Amazon and Tesla are carrying U.S. stocks to their strongest first-half performance in years.

Under Armour named a new chief operating officer and reorganized its leadership to emphasize digital efforts on Tuesday, days after top rival Nike took similar action amid intense competition in the sports apparel marketplace.

Under Armour named a new chief operating officer and reorganized its leadership to emphasize digital efforts on Tuesday, days after top rival Nike took similar action amid intense competition in the sports apparel marketplace.