/ Technology

ideeli.com fashions a business model to support fast growth

Members-only retail site ideeli.com, which does all its business through special sale events, has recorded surging revenue growth since launching with e-commerce in May 2007, says CEO and founder Paul Hurley.

Posted 02/12/2009Paul DemeryPost a comment

/ E-Retailers

To stay above the economic timber line, Black Forest Décor will expand

While web sales at Black Forest Décor LLC dropped by about 5% in 2008, the online retailer of rustic gifts and home furnishings isn’t backing away from growing the company. In the works are more product videos, niche sites and targeted e-mail marketing.

Posted 01/07/2009Bill BriggsPost a comment

/ E-Retailers

1800Flowers.com sales and profit wilt in the fourth quarter

Acquisition costs, changes in financial reporting and a tougher economic climate caused web sales for 1800Flowers.com to drop 5.2% in the fourth quarter and finish flat for the company’s 2008 fiscal year.

Posted 08/13/2008Bill BriggsPost a comment

/ E-Retailers

Amazon posts 35% sales growth in North America and raises 2008 forecast

Growth was strong in electronics and general merchandise, which grew 52%, while books, music and other media grew 25% in Q2. Amazon’s growth far exceeded the 13% estimate of Q2 growth for e-commerce as a whole.

Posted 07/24/2008Katie DeatschPost a comment

/ Technology

PC Universe in talks with IBM over financing default

PC Universe is in talks with IBM Credit in hopes of renegotiating terms of a financing agreement. IBM notified the online computer retailer late in 2007 that it was in default of loan repayment terms, says PC Universe president Tom Livia.

Posted 06/06/2008Bill BriggsPost a comment

/ E-Retailers

The web leads the way in sales growth for J. Crew in 2007

For the year, web sales rose by 24.3% while total sales rose 13% and comparable store sales grew by 6%. E-commerce now accounts for about 20% of total revenue.

Posted 03/12/2008Mark BrohanPost a comment

/ E-Retailers

Steady web traffic helped L.L. Bean grow the top line in 2007

L.L. Bean turned in slightly higher total sales in 2007, but also reported a steady increase in traffic to LLBean.com. The number of visits to LLBean.com increased by 14% in 2007, to 81 million visits from 70 million visits in 2006.

Posted 03/12/2008Mark BrohanPost a comment

How IAC/InterActive`s Barry Diller sees the future

Retailers should be concerned with keeping the Internet open and not pour all of their ad dollars into search engine marketing and social networking, IAC/InterActiveCorp CEO Barry Diller said at Shop.org.

Posted 09/15/2005Mark BrohanPost a comment