Retail, Online Retailer | featured news

Amazon.com Inc's quarterly earnings beat Wall Street's most bullish expectations as the world's largest Internet retailer brought costs under control and saw early success selling more digital products through its new Kindle Fire tablet, sending its shares up almost 15 percent.

Amazon founder and CEO Jeffrey Bezos received $1.68 million in total compensation for 2011, the same as in the prior year.

Amazon.com Inc said on Monday it agreed to buy Kiva Systems Inc for $775 million in cash, a deal that will bring more robotic technology to the e-commerce company's giant network of warehouses.

In a letter posted on the Zappos Web site, the company's chief executive said a "criminal" might have obtained customers' names, addresses, phone numbers and partial credit card information.

Amazon.com this morning announced that it has sold more than 1 million Kindles a week for the last three weeks in a row. The retailer said that the Kindle Fire tablet remains the single best selling item on Amazon.com?s site. The Fire has been the best-selling product on the site for 11 weeks in a ...

After watching Amazon corner the online retail market, Google is in talks with merchants to begin a delivery service that would allow users to order items online from local stores and receive them within a day. But does it make sense for Google to directly take on the online retail giant?

After years of being more hype than highlight, Cyber Monday appears on its way to its biggest outing ever. Last year, the Monday after Thanksgiving saw an estimated $1 billion spent online in the United States, making it the biggest e-sales day ever. And analysts said Monday that this year's "holiday" -- the online answer to the annual Black Friday bargain rush on stores -- is on pace to be bigger still.

Online sales rose 24.3% this Black Friday, reflecting heavy investment by mainline retailers to get more traction on the Web.

Amazon's Kindle Fire is a Catch-22 for retailers: The $199 tablet computer could both help Christmas traffic and hurt future sales.