
E-Commerce

BIA/Kelsey released a new forecast on U.S. consumer spending on deal-a-day offers, which the firm expects will grow from $873 million in 2010 to $3.9 billion in 2015, representing a 35.1 percent compound annual growth rate.
Macy's reported an impressive 30.9 percent gain in sales at its Macy's and Bloomingdales' websites last month. That growth contributed to the department store's ability to outpace analysts' estimates for February, with a 5.8 percent gain in the company's same-store sales.
Search “e-commerce solution” today and an overwhelming number of options come up. Sabir Semerkant remembers when there was only one option if you wanted to create an online store: do all the programming yourself.
In a fast-paced session at the opening day of the NEMOA directXchange conference in Boston, Ken Burke, chairman, founder and chief evangelist of MarketLive, an e-commerce software platform and service provider, and Kelly Goldsmith, e-commerce manager at Title Nine, a cross-channel retailer of women's athletic apparel, tackled the question all retailers want an answer to: How can I make money via social media?
Microsoft is aiming to capitalize on the same local deals fever driving the popularity of Groupon and similar websites, with a new Bing “Deals” tab that lets mobile users access daily discounts in their particular area. Desktop Bing users have also been given the means to scan for local deals.
With more than 600 million active users on Facebook, the world’s largest social network is no longer just about liking brands when it comes to marketing. Today, Facebook users span various demographics and demand immediate value in return for demonstrating loyalty and joining new Facebook communities.
Kawasaki Motors U.K. has partnered with retail-integrated e-commerce provider Shopatron to launch a new online store stocked with the very latest Kawasaki branded clothing and merchandise.
Levi Strauss has opened an internet store on China's largest retail website Taobao as it seeks to grab a share of the fast-growing online consumer market. Levi's launched its flagship online store in China on the Taobao Mall platform.
Publishers HMV, HarperCollins, Penguin, and Random House are financing a new “social retail” service aiming to help readers find, buy and share books.