Weak September core retail sales, which strip out auto and gasoline sales, provide a window into the pain the holders of mall debt face in coming months as retailers with a physical presence keep discounting to stave off lagging sales.
The company has provided the SEC with information about its accounting for logistics unit as well as operating data from its Singles' Day shopping festival.
Look out UPS, DHL and FedEx. There are reports that the ecommerce powerhouse is looking to soar into the air-delivery market, potentially aiming to dominate its entire distribution network.