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The Chinese companies will also work with US startup Shoprunner, an online mall for US retailers in which it owns a stake, and retail services provider Borderfree Inc to court Chinese consumers.
Last Updated: Monday, January 13, 2014, 11:20
More US retailers have reportedly become victims of data breaches following the mega hack attack carried on nationwide retailer Target.
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Victoria`s Secret parent L Brands and home decor chain Pier 1 Imports joined other retailers in slashing profit forecasts Thursday following disappointing holiday sales.
Last Updated: Monday, February 20, 2012, 09:14
If upcoming earnings from US retailers are as unimpressive as the rest of the profit season has been, Wall Street could face a tough time justifying a stock market at nine-month highs.
Last Updated: Sunday, November 27, 2011, 09:20
US retailers moved from the frenzied start of the holiday shopping season to the next phase on Saturday, hoping to avoid a drop after Black Friday and keep the momentum going during a fitful economic recovery.
Last Updated: Saturday, November 26, 2011, 10:08
Retailers were hoping for more shoppers like Shawn Elzia as the annual Black Friday bargain stampede marked the unofficial start of what is widely expected to be a middling holiday shopping season.
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