Internet Retailer - Merchandising In An Age Of Virtual Stores


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Zappos.com says 2008 sales on $1 billion track despite economy
July 30, 2008 Zappos.com Inc. says its customer base has topped 8.2 million, giving the online shoe and apparel retailer a leg up in reaching its 2008 sales goal of $1 billion, says CEO Tony Hsieh. “Back in 2003, we had set the goal of hitting $1 billion by 2010, so we’re very excited that we’re on track to hit ...
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Zappos says 2007 sales grow 40% to $840 million
Feb. 22, 2008 2007 gross merchandise sales at Zappos.com Inc., the web-only retailer of shoes, apparel, bags and accessories, grew 40% to about $840 million, up from $597 in 2006, CEO Tony Hsieh says. Zappos expects to reach over $1 billion in gross merchandise sales this year, he adds. “It looks like 2008 will ...
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Zappos zaps free overnight shipping guarantee and drops price protection
Feb. 20, 2008 Zappos has dropped two of its signature policies: free guaranteed overnight shipping and a promise to refund 110% of the difference between its price and that of a competing shoe retailer. “We decided to remove our price protection policy from Zappos because we didn`t feel it was consistent with our ...
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Zappos expects to top $1 billion in web sales in 2008
Dec. 26, 2007 Online shoe retailer Zappos.com Inc. sees 2008 as the year it will join the $1 billion web sales club. In 2007, Zappos, No. 31 in the Internet Retailer Top 500 Guide, expects e-commerce sales to rise by about 34% to around $800 million from $597 million in 2006. After nearly a decade in business, CEO ...
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Zappos expands merchandising footprint with 6pm.com
Aug. 1, 2007 Online shoppers looking for the same item may react to merchant sites very differently as driven by different needs and preferences. For instance, one shopper may value the speed of the shopping experience and availability of hard-to-find sizes; another may respond to advanced visual merchandising ...
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Repeat customers walk all over Zappos.com
Aug. 1, 2007 Online shoe retailer Zappos Inc. has reached a milestone: six million paying customers. Zappos, which is expecting online sales to total about $800 million in 2007, also says that three-fourths of shoppers who make a purchase each day on Zappos.com are repeat customers. “We continue to grow sales in ...
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Zappos steps up to acquire 6pm.com
July 10, 2007 Zappos.com has agreed to acquire footwear and accessories site 6pm.com from eBags.com, which had launched the site in November 2005. Terms of the acquisition, expected to close within three months, weren’t disclosed. The deal is the first acquisition for Zappos.com, No. 31 in the Internet Retailer ...
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Zappos.com eyes $1 billion in annual web sales
Jun. 6, 2007 Zappos.com is closing in on the $1 billion sales club. In 2007, Zappos, No. 31 in the Internet Retailer Top 500 Guide, expects to generate web sales of $800 million, an increase of 34% over sales of $597 million in 2006. But the retailer also expects to post $1 billion in web sales as soon as 2008 ...
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Zappos.com Makes Payments Easier with Bill Me Later
Apr. 24, 2007 Convenience, Security and Flexible Financing Help Zappos.com Drive Incremental Sales TIMONIUM, Md.-April 24, 2007--I4 Commerce today announced that Zappos.com has enhanced the online shopping experience for its customers with the Bill Me Later payment service. Bill Me Later provides Zappos.com customers ...
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Zappos.com adds eyewear, apparel and free overnight shipping
Jan. 31, 2007 Zappos.com is adding more products and e-commerce tools to help lure customers to its web sites and transition beyond its traditional footwear business. The company tested free overnight shipping during the week before Christmas and has now added the feature to its web site on a permanent basis, says ...
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