Chinese retailer Alibaba Group Holding Ltd’s sales for its 24-hour Singles’ Day shopping blitz hit a record $38.4 billion, more than U.S. rival Amazon.com Inc’s haul last quarter from online store sales.
The New York-based womenswear retailer reported net sales of $201.0 million for the first quarter of 2019 on Wednesday and announced the appointment of Traci Inglis as president, chief marketing and customer officer.
Traffic growth on Baidu Inc's mobile app helped drive higher-than-expected third quarter revenue as China's biggest search engine operator places more emphasis on artificial intelligence (AI) and autonomous driving.
We didn’t think we’d still be talking about the impact of Black Friday this far into the New Year. But the latest Ipsos Retail footfall tracker, shows us that the big discount day in late November affected January.