E-Commerce

Best Buy Expands Inventory Exclusive to Internet
March 31, 2011

Best Buy is expanding its online-only assortment in key product categories as a way to clear up some of the static that has clouded its financial picture in recent months. Revenues for the retailer's fourth quarter, which ended February 26, 2011, declined 2 percent (to $16.2 billion) compared to the same period the previous year, while same store sales dropped 4.6 percent.

Gap Opens Online Store In China
March 31, 2011

Gap has opened an online store on China's biggest e-commerce platform Taobao, in an effort to lure savvy Chinese shoppers outside wealthy cities. Gap opened its store on Taobao Mall, alongside the likes of Adidas, Levi Strauss & Co and Japan's Uniqlo.

Likes on Facebook Decline Post-Holiday Season for Some Retailers
March 30, 2011

The more active a brand is on Facebook, the better chance consumers will "Like" it. This was the key finding from a recent study on retailers' growth on Facebook and Twitter conducted by marketing agency Media Logic. However, a follow-up study released this month shows that the majority of brands on Facebook saw their growth on the social media site lose steam as the holiday season came and went.

McClatchy Newspapers Enters Daily-Deal Market
March 30, 2011

After teaming up with Groupon to get daily deals on its websites last summer, McClatchy Co. has decided to get into the business on its own. McClatchy, the third-largest newspaper company, won't be breaking up with Groupon, but will launch its own deals service in April, bringing the two companies head-to-head.

Online Art Marketplace Launches
March 30, 2011

Artspace, an online marketplace for contemporary art, has announced the closing of a $1.2 million round of financing from professional and superangel investors. 

Matchbacks and the Evolving Science of Attribution
March 25, 2011

In what seems like a generation ago — before the internet — catalog orders came in one of two ways: via the mail or phone. Source code capture rates of 85 percent were the norm and it was easy to read the results from each mailing list. Then along came the internet and measuring catalog response rates became complicated. The percentage of online orders continues to grow, making the attribution of orders very complicated. Consumers receive catalogs, emails, online ads and many more advertisements. Knowing which marketing vehicle should get credit for an order is a challenge.

Williams-Sonoma Invests $75M in E-Commerce
March 25, 2011

E-commerce is already the most valuable player on Williams-Sonoma's team, and the retailer is committing major money to keep up its star's winning streak. The multichannel retailer will invest $75 million in e-commerce and the information technology and supply chain solutions to support it in fiscal 2011, with $25 million earmarked specifically for long-term international e-commerce growth.