E-Commerce
eBay said most of its sellers would be exempt from a new California law requiring out-of-state retailers to collect sales tax in the state if they deal with California businesses.
Overstock.com is shutting down its Eziba.com daily-deals site, according to an email sent to users, but it provided no reason for the closing.
LivingSocial is meeting with bankers to discuss an initial public offering that would value the company at $10 billion to $15 billion, according to reports. The news follows an IPO filing from rival Groupon earlier this month. Together, Groupon and LivingSocial command 90 percent of the daily-deals market.
Ever wonder what Groupon’s all-time, best-selling promotion was? Research conducted shows that the most successful Groupon ever was a voucher offering “$25 for $50 worth of shoes, apparel, and more at Nordstrom Rack.”
After cutting ties with Illinios and Texas, Amazon is now looking to turn its back on California too, after Governor Jerry Brown signed a bill that would enforce the collection of online sales tax.
DEMCO realized it needed to find new ways to increase overall conversions on its website. The company selected an email service provider to create more sophisticated, automated email campaigns with shopping cart recovery initiatives and new subscriber welcome programs.
Leading bag and case retailer Incase was looking to make significant changes to the online shopping experience it offered to consumers. Enhancing product imagery to provide shoppers with as much information as possible in hopes of motivating them to purchase was at the top of its wish list.
Wal-Mart employs more than 2 million people and controls about 13.4 percent of the consumer market in the U.S. But Amazon controls one-third of e-commerce sales in the U.S. and could put up a fight.
Several major retailers plan to keep opening new stores even as e-commerce gathers steam, arguing that physical locations go hand in hand with their websites.
So many consumers are queuing up to buy lululemon athletica's products that it's squeezing inventories and slowing sales growth. The yoga apparel retailer hopes revamping its website helps solve that problem.