E-Commerce
Online home goods giant Wayfair (formerly CSN Stores) today announced that it's acquired Australian online home goods retailer Buyster.com.au. Wayfair already owned 50 percent of the company, but has now purchased the remaining 50 percent stake from technology investment firm, Netus.
After conquering online retail in diapers, soaps, beauty products and most recently pet supplies, Amazon-owned Quidsi is moving into its next vertical โ toys. Quidsi is debuting YoYo.com, a toy e-commerce site that aims to provide recommendations and discovery tools to make kids toy shopping easy and fun.
Online sales of luxury goods may climb 20 percent a year by 2015 as producers build networks of potential customers on social media websites such as Facebook, according to a study published today.
Patagonia, a designer and distributor of technical outdoor clothing, has announced the appointment of Dmitri Siegel as the company's new vice president of global e-commerce. As vice president of e-commerce, Siegel will provide strategic vision, leadership and operational expertise in directing Patagonia's e-commerce strategies both domestically and abroad, the company reported.
While dozens of e-commerce firms have recently sprung up to capitalize on India's growing internet use, they have a problem. Indians are not yet comfortable with shopping on the web, while many of them remain unwilling to use credit cards online. Therefore the Indian retailers have gone to great lengths to gain customers. Customers may pay in cash on delivery, and the company fields delivery squads to ensure shipments get to customers quickly.
Columbia Sportswear has been in existence since 1938, but by 2008 execs at the company were afraid that growth had stagnated. Worse, there was fear that Columbia wasnโt a brand that tapped into young consumers. Can a brand be โmiddle-agedโ?
Ever since Amazon launched its toy store and opened it to third-party sellers in July 2006 after Toys"R"Us exited the platform, it's restricted third-party sales in its toys and games category to preapproved sellers during the holiday shopping season. Third-party sellers on Amazon received their notices this week.
More than 20,000 Missoni for Target items have been posted for sale on eBay less than 24 hours since becoming available. Some of the most expensive items to turn up on the internet auction site were the Missoni bike, a tea set, and a comforter/sham set.
Now that California and Amazon have called a truce of sorts in their tax fight, what will become of the 10,000 affiliates caught in the middle that were unceremoniously booted from online marketing affiliate programs? Chances are they should be making a comeback.
There's Black Friday, then there's Target Tuesday. In a scene that was reminiscent of the shopping frenzy that typically comes the day after Thanksgiving, Target's website crashed several times throughout the day yesterday. More than a hundred shoppers lined up at many of its stores early in the morning on Sept. 13 for a sale of limited offerings of its Missoni for Target collection of bikes, luggage, clothes and housewares.