Internet, Retailer | featured news

Shoppers who skipped the crowds on Black Friday gave online merchants a 16 percent spike in revenue, according to data released Saturday....

Rumor of this buyout has been zipping over the web all weekend, but Amazon has finally confirmed: It's acquired Quidsi, the parent company of online retail sites Diapers.com, Soap.com, and BeautyBar.com. The deal is remarkably similar to the one it did last year with Zappos, purveyors of footwear to the Internet-minded.

Walmart is set to make a play for your living room. The company has acquired online movie service Vudu, just over a month after rumors about a deal first surfaced.

Amazon lowered its prices on hot upcoming book releases to $9, once again matching Walmart.com in an escalating price war.

Internet retailer Newegg Inc. plans an initial public offering of stock worth up to $175 million, according to a filing with the Securities & Exchange Commission.

Amazon.com is shutting distribution centers in three states, and will lay off or transfer to other nearby facilities about 210 employees.

Amazon.com Inc., the world’s largest online retailer, topped sales and profit estimates yesterday after its biggest holiday season ever, outpacing EBay Inc. and its e-commerce rivals.