/ Marketing

Retailers face new decisions after ICANN OKs non-Latin domain names

While ICANN’s announcement last week that it plans to allow web addresses to be written in non-Latin characters could open up new markets, it also forces Internet retailers to act quickly to secure additional domain names, says MarkMonitor`s Fred Felman.

Posted 11/03/2009Zak StamborPost a comment

/ Technology

Amazon pulls the cork on plans to sell wine

It had wineries lined up to support its entry into wine sales, but Amazon is cancelling those plans. Observers say Amazon’s anticipated wine business likely fell victim to negotiating the patchwork of legislation among states.

Posted 10/28/2009Zak StamborPost a comment

/ Technology

Acquisition target Omniture leads the way as e-commerce stocks soar

Omniture shares shot up 31% for the week after Adobe announced it was buying the analytics provider. That helped the Internet Retailer Online Retail Index of 25 e-commerce stocks advance by 7.4% for the week, well ahead of the stock market as a whole.

Posted 09/21/2009Katie DeatschPost a comment

/ Technology

Feds ask for more financial data from Overstock.com

The U.S. Securities and Exchange Commission is investigating Overstock’s previously announced restatements of its financial statements in 2006 and 2008. The online retailer says it will cooperate with the regulatory agency.

Posted 09/18/2009Katie DeatschPost a comment

/ Technology

Six directors elected to Retail Marketing and Advertising Association board

Executives from J.C. Penney, Lane Bryant, Express, The Bon-Ton Stores and Macy’s will serve up to two three-year terms.

Posted 09/14/2009Katie DeatschPost a comment

/ Technology

E-commerce stocks surge in a strong week on Wall Street

The Internet Retailer Online Retail Index gained 3.6% last week, as all but four of the 25 stocks in the index advanced. The e-commerce index advanced faster than the broader market and is now up nearly 60% for the year.

Posted 09/14/2009Katie DeatschPost a comment

/ Technology

Q2 net income grows 13-fold at e-commerce platform provider ATG

Revenue at e-commerce platform company Art Technology Group Inc. rose 6% year over year to $44.4 million for the second quarter ended June 30, as net income surged 13-fold to $4.6 million, the company says.

Posted 07/31/2009Katie DeatschPost a comment

/ E-Retailers

Golden Gate completes its deal to acquire Eddie Bauer

A month after Eddie Bauer filed for bankruptcy, a court has approved a deal by Golden Gate Capital to acquire the retailer for $286 million in cash. It`s Golden Gate’s second major retail acquisition this summer.

Posted 07/24/2009Don DavisPost a comment

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/ E-Retailers

Foot Locker’s new CEO continues his sprint through the top 500 e-retailers

In August, Ken C. Hicks will become president and CEO of Foot Locker, No. 53 in the Internet Retailer Top 500 Guide. He previously was president and chief merchandising officer at J.C. Penney (No. 15) and president of Payless ShoeSource (No. 302).

Posted 06/29/2009Katie DeatschPost a comment

/ Technology

Social and e-commerce site Scribd to offer Simon & Schuster e-books

Scribd has begun selling nearly 5,000 e-book titles from the book publishing giant. Customers can read the books at Scribd.com, on their computer desktops or on numerous mobile devices. They also can share recommendations through social features.

Posted 06/12/2009Katie DeatschPost a comment