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Alibaba Takes Joint Venture Route To Russia Expansion

VLADIVOSTOK, Russia – China’s largest e-commerce firm, Alibaba Group Holding Ltd has joined forces with a state fund and two technology firms in Russia,...

Alibaba Cedes Control In Russia Unit To Form New Joint Venture

VLADIVOSTOK, Russia – China’s largest e-commerce firm, Alibaba Group Holding Ltd, has ceded control of its Russian business to form a new venture with a...

Alibaba Forms Joint Venture With Russian Fund Megafon And Mailru

VLADIVOSTOK, Russia – China’s largest e-commerce firm, Alibaba Group Holding Ltd, has set up a joint venture with the Russian Direct Investment Fund, mobile...

New Italian Government Plans To Curb Sunday Shopping Di Maio

ROME – The new Italian government will introduce a ban on Sunday shopping in large commercial centers before the end of the year as it seeks to defend family...

Retailer Tfgs London Business May Face Hit From House Of Fraser Collapse

JOHANNESBURG – South African clothing and homeware retailer The Foschini Group (TFG) (TFGJ.J) said on Monday its London business would be likely to incur some bad...

Ikea Apologizes After Customer Reports Caterpillar In His Food

– IKEA has issued an apology to a customer in the Indian city of Hyderabad after he reported finding a caterpillar in his food at the store and posted a photograph...

Trade Deal With Us Expected To Spur Mexican E-commerce

MEXICO CITY – Mexico’s fledgling e-commerce market could get a lift from a trade agreement with the Trump administration that doubles the value of goods that...

Senate Cancels Postal Service Hearing Trumps Amazon Crusade Delayed

SAN FRANCISCO – A Senate hearing about reforming the U.S. Postal Service that could have scrutinized what Amazon.com Inc and others pay for package delivery has...

Walmart Adds Toys And Shelf Space For Holidays Expands Online Offerings

– Walmart Stores Inc (WMT.N) has significantly increased the selection of toys in its stores and online for the holiday season, a company executive said on...

Dollar Tree Misses Comparable Sales Estimates On Family Dollar Weakness

– Dollar Tree Inc (DLTR.O) missed Wall Street expectations for quarterly same-store sales on Thursday as the discount store operator’s Family Dollar business...