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Amazon brings back former executive to run cloud business

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NEW YORK — Amazon said Tuesday that it’s bringing back a former executive to run its cloud-computing unit, which has become the online shopping...

FedEx’s profit nearly triples as online shopping grows

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NEW YORK — FedEx said Thursday that its profit nearly tripled in its most recent quarter, despite winter weather that hobbled some of its...

FedEx’s profit nearly triples as online shopping grows

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<p>NEW YORK &mdash; FedEx said Thursday that its profit nearly tripled in its most recent quarter, despite winter weather that hobbled some of its...

Nordstrom launches livestream selling, popular in China

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NEW YORK — Upscale department store chain Nordstrom is getting into livestream selling, the latest U.S. retailer to jump on the trend that has...

Nordstrom launches livestream selling, popular in China

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<p>NEW YORK &mdash; Upscale department store chain Nordstrom is getting into livestream selling, the latest U.S. retailer to jump on the trend that has...

Luxury seller Saks to spinoff website into separate company

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NEW YORK — Saks Fifth Avenue is spinning off its website into a separate company, with the hopes of expanding that business at a...

Luxury seller Saks to spinoff website into separate company

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<p>NEW YORK &mdash; Saks Fifth Avenue is spinning off its website into a separate company, with the hopes of expanding that business at a...

Costco 4Q profits rise, helped by pandemic shopping habits

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ISSAQUAH, Wash. — Warehouse retail chain Costco Wholesale said its fourth-quarter profits rose slightly from a year ago, its profits weighed by wage premiums...

Costco 4Q profits rise, helped by pandemic shopping habits

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<p>ISSAQUAH, Wash. &mdash; Warehouse retail chain Costco Wholesale said its fourth-quarter profits rose slightly from a year ago, its profits weighed by wage premiums...

Online retailer Boohoo buys 3 fashion brands from Arcadia

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LONDON — British online fashion retailer Boohoo has bought three clothing brands owned by the collapsed Arcadia retail group for 25.2 million pounds ($34.5...