Friday, January 14, 2011

Groupon could be worth $15 billion in an IPO

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January 14, 2011
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News about digital retail commerce

  Top Story 
 
  • CheckPoints passes the half-million user mark
    Mobile shopping startup CheckPoints signed more than 500,000 users since launching last October and expects to hit the 1 million mark by the end of March. Users use their smartphones to scan bar codes on specific products to win loyalty points and rewards. The company says more than half the scans take place in grocery stores. Mashable (1/13) LinkedInFacebookTwitterEmail this Story
 
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  Online Retail Trends 
 
  • Retailers report double-digit growth in online sales
    Sales shifted from in-store to online over the holiday season for major retailers, especially those who gave Internet shoppers a better online experience. Kohl's online sales were up 66%, Best Buy's 13% and Macy's 28.8%. "Some of the chains are still trying to come to grips with the shift of holiday shoppers spending less time in stores and more time online," a retail consultant said. InternetRetailer.com (1/12) LinkedInFacebookTwitterEmail this Story
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  New Media & Technology 
 
  • 5 tools for keeping tabs on your social influence
    A growing number of tools and widgets help social-media marketers measure the impact of their campaigns and the influence of their followers. Klout is the most widely used, and appears likely to continue to dominate in 2011. Still, it's worth checking out tools such as PeerIndex and Twitalyzer, which offer subtly different approaches to measuring social media impact. CMSWire.com (1/13) LinkedInFacebookTwitterEmail this Story
  • Niche auction site facilitates shoe swaps
    Merchants who list shoes on IfTheShoeDoesntFit.com can set up their footwear for a swap instead of a sale, an innovation by the site's founder, Ellen Simes. She got the idea for her company after failing to find satisfactory places to get rid of about 175 pairs of unwanted shoes from her vast personal collection. AuctionBytes (1/13) LinkedInFacebookTwitterEmail this Story
New 2010 Enterprise VoIP Buyer's Guide
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  Companies in the News 
  • Groupon could be worth $15 billion in an IPO
    Groupon's rejection of Google's $6 billion buyout offer last year set the daily-deal site on the fast track to going public. Recent talks about an initial public offering reportedly put Groupon's value at at least $15 billion. The company hired its first chief financial officer, former Amazon executive Jason Child, in December and announced that it had raised $950 million. NYTimes.com/Dealbook blog (1/13) LinkedInFacebookTwitterEmail this Story
  • Site reaches out to Jewish shoppers
    A new site is hoping to appeal to Jewish shoppers in New York with discounts and promotions such as those found on Groupon. Visitors to jdeal will find offers including kosher food, travel and entertainment, which can be shared via social media. The founders hope to expand the service to other cities in the U.S. and Canada soon. Adweek (1/14) LinkedInFacebookTwitterEmail this Story
  • LivingSocial expands in Europe
    LivingSocial is buying a majority stake in Spain's Let's BonusL as the website for deals expands in Europe. The purchase is the company's first since Amazon took a stake in Washington-based LivingSocial, which competes with Groupon. The Wall Street Journal (1/13) LinkedInFacebookTwitterEmail this Story
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  Featured Content 
 

  Shop.org Spotlight 
  • NRF releases second version of Mobile Retailing Blueprint
    Attendees at Retail's BIG Show were treated to a preview of the second version of NRF's Mobile Retail Blueprint. David Dorf, director of technology for Oracle and subcommittee chairman of the Mobile Retailing Initiative, answered a few questions about what's new in version two, how to invest in the technology and how "omni-channel" is nirvana for the industry. Read more. LinkedInFacebookTwitterEmail this Story
  • Shop.org SmartStat: Jan. 14, 2011
    Primarily store-based multichannel retailers reported average year-over-year growth of 37% in Q4. Source: Shop.org online sales flash survey. LinkedInFacebookTwitterEmail this Story
 
  • Columbia Sportswear, ShopAtHome.com and TJX are hiring
    Shop.org offers a job board for people looking for positions in e-commerce. Recent postings include an e-commerce merchandise buying manager at Columbia Sportswear, a director of online marketing at ShopAtHome.com, and a interactive marketing manager at TJX. Shop.org member companies are invited to post jobs free. Visit the job board. LinkedInFacebookTwitterEmail this Story
Learn more about Shop.org ->Website  |  Events  |  Research  |  Shop.org Blog  |  Join Shop.org

  SmartQuote 
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--George Eliot,
British writer


 
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