Tag Archives : Online Retailers

One of the foremost and highly successful members only online retailers for luxury brands, the Gilt Groupe has reportedly raise a whopping $15 million in venture capital from debt financing firm, TriplePoint Capital in effort to help Gilt Groupe create an equilibrium between the company’ demand and supply ratio. The deal between thee two entities [...]

It seems that the consumer bases in the U.S, luxury and otherwise is finally bouncing back from the immense repercussions that were posed the 2009 global recession, where in the U.S economy was nearly crippled, leading to thousands of people losing their homes and jobs. For the 2010 holiday season, the U.S spending alone has reached and incredible $16.8 [...]

It’s the holiday yet again and with Christmas and the New Year’s Eve just a month away, the Black Friday shopping season is in full swing. This is the time of joy that encompasses the entire month of November and December, staring off with ‘Thanksgiving Day’. The holiday season is not only a time for reveling in mouthwatering treats and dishes, [...]

One of the most revered and respected daily newspaper editions in the world, The New York Times has now announced its plans of publishing a list of the e-book bestsellers, that will encompass both fiction and non fiction work and will be published online as well in print media in the year 2011. The New York Times was established in the year 1851 and [...]

One of the biggest and foremost online retail chains on the Internet, Amazon Inc. has reportedly acquired another online retail store, Woot, for $110 million. Woot shot to fame and became an instant sensation in the online shopping arena, as this service provided the users with an opportunity to buy mostly electronic gadgets at incredible discounted [...]

It’s the online retail sector that’s now paying the price of the economic meltdown. Online sales have dampened this season, and it is the worse since 1999. Analysts are of the view that the forecast for the online sales would be close to 9 percent this year as compared to 19 percent in 2007. The ripple effect of the economic downturn is [...]