/ Technology

E-commerce accounted for 7.7% of total retail spending in Q4

A new report from web measurement firm comScore Inc. finds that online purchases accounted for 7.7% of total retail spending in Q4, up from 6.9% in Q3 and relatively flat compared with 7.6% the same period in 2008.

Posted 02/12/2010Zak StamborPost a comment

/ Marketing

A sharper focus helped eBay drive strong Q4 sales, says analysts

EBay Inc.’s clear priority on attracting higher-quality sellers helped boost the value of merchandise sold on its marketplace 24% year over year in the fourth quarter, says analyst Colin Sebastian of Lazard Capital Markets.

Posted 01/21/2010Zak StamborPost a comment

/ Technology

Anatomy of a deal: What Amazon really sees in Zappos.com

Rather than develop any more organic brands, which Amazon tried with Endless.com in 2007, Amazon wanted another way to build critical mass in the $5.5 billion online footwear market. Acquiring Zappos.com was a good alternative.

Posted 07/29/2009Mark BrohanPost a comment

Related Searches:Zappos Competitors | Zappos Sales Growth | Zappos Annual Sales

/ Technology

Zappos posted strong profits in 2008

With Zappos, Amazon is acquiring a profitable company that managed a healthy increase in 2008 net sales, according to a new Amazon filing with the U.S. Securities and Exchange Commission. Zappos’ net sales rose 20.5% in 2008 while net income grew 500%.

Posted 07/28/2009Katie DeatschPost a comment

Related Searches:Zappos Profit

/ Technology

Former Gap exec is named CEO at Evri

Evri, a technology company that develops products to help consumers find and engage with content on the web, has named Will Hunsinger, former head of Gap Online, as CEO.

Posted 07/20/2009Katie DeatschPost a comment

/ Technology

E-retailer stocks soar in giddy day on Wall Street

The Internet Retailer Online Retail Index of 25 e-commerce stocks surged 6.8% Monday as Wall Street celebrated the latest financial rescue plan. Five e-commerce stocks, all web-only retailers, registered double-digit percentage gains in share price.

Posted 03/24/2009Don DavisPost a comment

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