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Target April sales rise, but miss analysts' view

Target Store

Target Corp. said Thursday a key sales figure rose 1.1 percent in April, but it fell short of analysts' expectations. Analysts expected the discount retailer to post a 2.8 percent increase in stores opened at least one year, according to Thomson Reuters. That metric is a key gauge of a retailer's health because it excludes results from stores recently opened or closed.

 

Amazon unveils effort to develop original TV shows

Amazon

Amazon.com Inc unveiled a new effort to develop original comedy and children's TV shows to distribute over the company's video streaming service.

 

Microsoft plugging $300 million into Nook

Nook

Microsoft Corp will invest $300 million in Barnes & Noble Inc's digital and college businesses in a deal that values the businesses at $1.7 billion.

 

The Era of No Amazon Sales Taxes is Nearly Over

Amazon Sales Tax

Although headquartered in State, Amazon already collects sales tax in Kansas, Kentucky, , North Dakota and . What's more, here's a coming his list where and when you'll be taxed on Amazon purchases: Texas, July 2012 California, September 2012 Virginia, September 2013 Indiana, January 2014 Nevada, January 2014 Tennessee, January 2014 South Carolina, January 2016 ...

 

AmazonSupply Will Aggressively Compete with Staples, Office Depot, Costco and Others

Amazon Supply

AmazonSupply is a new Amazon initiative that will attempt to capture a portion of the commercial business with a powerful assortment of anything from materials and metal wires to office and janitorial supplies. Prices are low and shipping will be free on orders over $50.

 

Should Barnes and Noble Break Up? Float Off the Nook To Compete With Amazon and Apple?

Here's an interesting idea: that Barnes and should consider splitting the company. Separate the physical bookstores from the virtual business of the Nook and allow that digital business the room and capital to compete with Apple's iPad and Amazon's Kindle?

 

Bribe Report Puts Focus on Mexico's 'Gestores'

Claims that U.S. retail giant Wal-Mart used payoffs to speed zoning and other permits in its break-neck Mexican expansion are sparking soul-searching in Mexico, where crowded government offices are the working grounds of shadowy facilitators known as "gestores."

 

U.S. lawmakers launch Wal-Mart bribery investigation

Two Democratic lawmakers on Monday said they are launching an investigation into allegations of bribery at Wal-Mart Stores Inc's Mexican affiliate.

 

Wal-Mart silenced Mexican bribe inquiry: NY Times

Wal-Mart

Wal-Mart Stores Inc, the world's largest retailer, squelched an internal investigation into allegations of bribery at its Mexican subsidiary instead of broadening the probe, the New York Times reported on Saturday.

 

US retail sales rose 0.8 pct., helped by job gains

Retail Sales

A healthier job market and warmer weather encouraged more Americans to shop in March.

 

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