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Cabela’s to cut 10% of headquarters staff
Oct. 13, 2008 With the tight economy slowing growth in direct sales and a drop in comp store sales, multi-channel sporting goods retailer Cabela’s Inc. says it will reduce its headquarters workforce by about 10%. Direct sales for the second quarter ended June 28 rose 1.5%, driven mostly by web sales, while ...
Borders builds on its e-book strategy in exclusive deal with Sony
Oct. 10, 2008 Taking aim at Amazon.com and its Kindle electronic book reader, Borders Group Inc. will offer Sony’s new PRS-700 e-book reader in most of its 520 superstores in time for this year’s holiday shopping season as well as in-store downloads of e-books. In addition, Sony is redesigning the Borders-Sony co ...
U.S. Auto Parts drives away with auto information and advice web site
Oct. 8, 2008 U.S. Auto Parts Network Inc. is moving beyond nuts and bolt and into information. The online provider of aftermarket auto parts and accessories has agreed to purchase assets of SmartTrac Inc., including a web site providing a broad range of information on the purchase, care and repair of automobiles ... Related Searches: auto parts
Stock analyst cuts e-commerce forecast because of financial crisis
Oct. 8, 2008 The Wall Street meltdown will slow the growth of e-commerce and online advertising through 2010, predicts San Francisco-based stock analyst Sandeep Aggarwal of UK investment bank Collins Stewart LLC. “Though we believe that both ‘Net advertising and e-commerce companies will continue to see secular ...
Shoppers spend more time on Top 500 consumer brand manufacturer sites
Oct. 8, 2008 Online shoppers are spending more time on retail web sites maintained by Top 500 consumer brand manufacturers, says web measurement firm Hitwise. In 2008, the collective average of the time spent on a consumer brand manufacturing site grew by 17.5% to 7 minutes and 55 seconds from 6 minutes and 44 ... Related Searches: top 25 retail sites | average time spent online
SkyMall Launches Bazaarvoice Ratings & Reviews
Oct. 7, 2008 Multichannel retailer opens a frank dialogue with customers, dramatically improving merchandising and customer service Austin, TX - October 6, 2008 – Bazaarvoice, the worldwide leader in hosted social commerce applications that drive sales, today announced that leading multi-channel retailer SkyMall ...
EBay buys Bill Me Later and plans to cut staff by 10%
Oct. 6, 2008 EBay will pay $820 million in cash and $125 in outstanding options for Bill Me Later, whose technology enables retailers to grant instant credit to consumers, for instance allowing merchants to offer payment in 90 days at no interest . The company will buy Danish classified ad site dba.dk and Danish ... Related Searches: bill me later
GSI Commerce to buy fulfillment and customer service vendor for $52 million
Oct. 6, 2008 E-commerce platform provider GSI Commerce is buying Innotrac Corp., an e-commerce fulfillment and customer service vendor, for $52 million in cash and stock. The acquisition is expected to close in the first half of 2009. GSI says the purchase will boost its client base and expand its North American ...
Jones parades JNY.com down the e-commerce runway
Oct. 3, 2008 A year after hiring a veteran web retailing executive, Jones Apparel Group Inc. is expanding its e-commerce program. Jones, which owns and operates NineWest.com, EasySpirit.com and Bandolino.com and is No. 310 in the Internet Retailer Top 500 Guide, this week launched JNY.com. As the online arm of ...
Attracting shoppers
Oct. 1, 2008 Online display ads can pull potential customers to an e-retailer’s site—especially when the ads are targeted By Bill Siwicki When it comes to online display ads, CyberDefender Corp. aims to be a chameleon. The e-retailer of anti-virus, anti-spyware and other software doesn’t want to be flashy, or Flashy ... Related Searches: online retail industry | zappos
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