Online retail sales in France rose 13% to 22.3 billion euros ($26.10 billion) in the first quarter, said the French E-Commerce Federation, highlighting growth in a sector that has seen Amazon and others make in-roads.
Target Corp’s first-quarter profit came in below analyst estimates as price cuts, higher wages and investments in its online business ate into margins, sending shares down 5 percent in afternoon trade on Wednesday.
The Colorado-based media conglomerate has announced the appointment of Amazon alum Jeff Yurcisin, QVC vet Mary Campbell, former VF corp exec Aidan O’Meara and Tom Bazzone to a range of executive roles within the group.
U.S. civil liberties groups on Tuesday called on Amazon to stop offering facial recognition services to governments, warning that the software could be used to target immigrants and people of colour unfairly.
In another blow to the UK high street, Marks & Spencer has proposed more closures as part of its transformation strategy. Bayswater, Darlington, East Kilbride, Falkirk and Kettering will be amongst the towns affected.