Internet Retailer - Merchandising In An Age Of Virtual Stores


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Blockbuster pulls its bid for Circuit City
July 2, 2008 Blockbuster Inc. is no longer trying to purchase Circuit City Stores Inc. In April, Blockbuster, No. 35 in the Internet Retailer Top 500 Guide, offered to pay $1.3 billion for Circuit City, No. 16. But Blockbuster now says a potential takeover of Circuit City is no longer in its best interest. Blockbuster ...
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Circuit City backs up CEO’s words with 52% rise in traffic, Nielsen says
Apr. 4, 2008 Online consumers searching for that perfect PC or MP3 player visited Circuit City the most in February, inching ahead of January’s winner, Best Buy. More than 14 million computer and consumer electronics shoppers trekked to the Circuit City during the month—a 52% increase from a year earlier. CEO Philip ...
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The Internet star rises in a down economy
Apr. 1, 2008 Retailers are looking to web sales for growth in 2008 By Kurt Peters At The Talbots Inc., the web represents 10% of sales but accounted for 68% of sales growth in 2007. At office supplies retailer Staples Inc., web sales accounted for 29% of all sales but 58% of Staples’ 2007 growth. At Circuit City ...
Related Searches: staples inc suppliers | holiday advertising | 2008 holiday spending | gift basket

As it tops $1 billion in online sales, Circuit City hires new multi-channel talent
Feb. 1, 2008 As it rides what president, chairman and CEO Philip Schoonover calls a “massive shift” in how consumers shop across retail channels, Circuit City Stores Inc. expects to do $1.4 billion in online sales, or 13% of total sales, for its current fiscal year that runs through the end of this month, Schoonover ...
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Circuit City surpasses $1 billion web sales
Jan. 25, 2008 Citing a “massive shift” in how consumers are shopping across retail channels, Circuit City Stores Inc. president, chairman and CEO Philip Schoonover says the multi-channel retailer’s web sales will reach $1.4 billion for the fiscal year ending Feb. 28, or to 13% from 8% of total sales. Schoonover ...
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Circuit City shakes up its e-commerce leadership
Jan. 21, 2008 Brian S. Bradley has been named senior vice president, multi-channel at consumer electronics retailer Circuit City Stores Inc., with responsibility for the company`s direct-to-consumer business, including its web site and call center. The company has also announced the departure of George D. " ...
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Former Circuit City e-commerce chief joins private equity firm
Nov. 12, 2007 David L. Matthews, the former e-commerce chief at Circuit City Inc., has been named president of the Orchard Brands Inc. unit of private equity firm Golden Gate Capital. Orchard Brands manages eight companies, including Blair Corp., No. 118 in the Internet Retailer Top 500 Guide, and Norm Thompson ...
Related Searches: norm thompson outfitters | orchard brands | golden gate capital

Circuit City fine-tunes its e-commerce channel
Jun. 27, 2007 Circuit City Stores Inc. continues to fine-tune CircuitCity.com in an effort to improve sales and expedite its turnaround plan, CEO Philip J. Schoonover told Wall Street analysts on the company’s recent first quarter earnings call. By the end of the year, Circuit City, No. 17 in the Internet Retailer ...
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Circuit City joins the $1 billion online sales club
Apr. 4, 2007 The 2007 fiscal year was a tough one for Circuit City Stores Inc. capped by the announcement that the chain retailer will lay off as many as 3,500 higher paid associates. But the web is a bright spot--Circuit City says web sales in fiscal 2007 reached $1 billion and it expects e-commerce to grow by ...
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Circuit City plugs in IBM for information technology outsourcing
Mar. 28, 2007 In a move to improve its financial performance and streamline operations, Circuit City Stores Inc. is outsourcing its information technology program, including web hosting, to IBM. The relationship covers a broad set of services and technologies. Areas that IBM will manage for Circuit City include ...


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