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Borders names a new CEO, as overall holiday sales drop 12%
Borders has brought in former Barnes & Noble executive Ron Marshall to serve as president and CEO, succeeding George Jones. It also reports that overall holiday sales fell 11.7%, as the new Borders.com compiled $20.3 million in sales.
Court ruling backing pop-up ads has limited legal precedent, expert says
A Utah court has ruled that SmartBargains.com’s pop-up ads on Overstock.com were not deceptive because they appeared in distinct browser windows marked with SmartBargains’ logo, says Jeffrey Neuburger, an attorney specializing in e-commerce law.
Data Exchange plugs into online retailing
Data Exchange Corp. is getting into the online consumer electronics business. It has launched eDexdeals.com as a business-to-consumer e-commerce site where visitors can shop for and purchase previously returned computer gear that is tested and certified.
Bargain-hunting shoppers flocked to stores just before and after Christmas
Two surveys show a rush of procrastinating gift buyers to stores in the last few days before the holiday, and another surge just afterwards. Online sales may have been depressed by consumers waiting until the very last minute to get good deals.
UPS fulfills U.S. operations post with internal exec
UPS announced today that Myron Gray has been promoted to senior vice president of U.S. operations. Formerly head of UPS regional operations in Canada and Latin America, Gray replaces Jim Winestock who is retiring after 40 years with the company.
Online shoppers read reviews, but make up their own minds, Forrester says
A negative review won’t necessarily kill a sale, and positive reviews don’t cinch the deal, according to a Forrester Research survey. The results also show consumers consider reviews valuable in many product categories.
Overstock.com offers more bailouts after handing out first $50,000 check
The online retailer will pay $50,000 to creditors of a family in Phoenix who won the initial Family Bailout Sweepstakes launched in November. Overstock will offer a new sweepstakes each month through 2009, paying off $10,000 of debt for each winner.
To many users, the Internet has become a video world, comScore reports
U.S. Internet users’ appetite for videos appears insatiable: Internet users viewed 12.7 billion online videos in November, up 34% from November a year ago, comScore reports. The average user watched 87 videos in November.
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Modern Mommy Gear jumps into e-commerce amid economic storm
The retailer used paid search, social networking, magazine ads, discussion boards and a blog to get the word out about its new e-commerce site. Last month, during its first holiday season, it received 10,000 visitors and reaped a 2% conversion rate.
Traffic spikes at Sortprice.com during the holiday shopping season
Visitors performed 1,103,968 searches on shopping search engine Sortprice.com during the height of the holiday season, an 18% increase from the same period in 2007.
Levitation wand flies off shelf at ThinkGeek thanks to YouTube
A product demonstration video that won a featured spot on YouTube’s home page doubled sales in one day for the product at retailer ThinkGeek.com.
One-third of online shoppers encountered web site glitches over the holiday
36% of web shoppers ran into roadblocks when buying online this holiday season, according to a Guidance research study.
Amazon to roll out video on demand through Roku players
Amazon.com plans to make more than 40,000 movies and TV shows available through Internet streaming via the Roku Digital Video Player. The move will let customers view movies the same day they’re released on DVD, Amazon says.
Google still growing as top search provider, Nielsen Online says
Consumers still use Google the most often to search online, and they are using the search engine even more than last year, Nielsen Online reports. Meanwhile, leading competitors are losing ground.
BooksOnBoard opens shop on iPhones via a downloadable application
Users of Apple’s iPhone and iPod Touch mobile devices who download the free and popular Stanza e-book reader now can purchase titles from BooksOnBoard through a storefront within Stanza.
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If you missed America's Largest E-Retailing Conference last month in Chicago, or would like to revisit the content, conference presentations are now available on a new Multi-Media CD-ROM that brings the conference home to you. All 2,064 PowerPoint slides on this 5-disc set are synchronized with speaker audio. IRCE 2008 attracted more than 5,100 e-retailing merchants during this four-day event on June 9-12 to listen to 133 expert speakers and 74 informative sessions.
Priced at only $349, this new IRCE 2008 Multi-Media CD-ROM provides all the conference content that you would have received by attending all four days of IRCE 2008.
Click here for details.
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