The platform allows U.S. users to search for items they wish to buy, provides recommendations based off of their web activity and offers multiple purchasing options, including direct check out through Google.
Google routinely fields product queries from millions of shoppers. Now it wants to take a cut of their purchases, and is teaming up with retailers including Target, Walmart, Home Depot, Costco and Ulta Beauty .
A federal judge on Monday said Tiffany & Co may recover at least $19.4m in damages from Costco Wholesale Corp over the warehouse club chain's illegal sale of counterfeit diamond engagement rings under the "Tiffany" name.
Target Corp forecast sales to increase for the first time in five quarters, thanks to improved customer traffic and sales trends, sending its shares up as much as 4.4 percent and pushing retail stocks higher.
The National Retail Federation, the biggest U.S. retail association, cut its forecast for retail sales growth in the country this year, citing an unexpected slowdown in growth in the first half of the year.