Tuesday, July 12, 2011

Google dives into e-reader market

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July 12, 2011
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5 Reasons to Monitor Competitors’ Pricing
Regular and accurate pricing, promotion, and assortment monitoring helps you know your competition and stay ahead of them when in the planning stage, ensures you are meeting your seasonal goals, and provides you with the information you need to... Learn More
  Online Retail Trends 
 
  • Global "power shoppers" fuel online shopping boom
    In more markets around the globe, "power shoppers" who outspend the majority of their fellow consumers are proving a lucrative new customer segment for U.S. e-commerce companies. Global e-commerce is forecast to reach $680 this year, a 20% increase over 2010, according to data from J.P. Morgan. The Business Insider (7/11) LinkedInFacebookTwitterEmail this Story
  • Miami ranks No. 1 for online shopping expenditures
    Consumers in Miami, Fla., spend more on online shopping than their counterparts in other U.S. cities, according to new data from Bundle.com. Residents spend 5.6% more on online purchases and complete five times as many transactions as the average American in other cities, the study found. The Business Insider (7/11) LinkedInFacebookTwitterEmail this Story
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  Companies in the News 
 
  • Google dives into e-reader market
    Google is introducing its own e-reader this weekend at Target stores, the first e-ink device that can access the book titles available through Google. The $139.99 device, the iRiver Story HD, has Wi-Fi connectivity and a physical keyboard and apparently targets Amazon's similar Kindle device. Los Angeles Times/Technology blog (7/11) LinkedInFacebookTwitterEmail this Story
  • NCR to pay $1.13 billion for Radiant Systems
    NCR Corp. announced a deal Monday to acquire payment-system maker Radiant Systems in a deal valued at $1.13 billion. Radiant focuses on making systems for the retail and hospitality industry, and NCR said the company's expertise will complement its core banking and self-service businesses, while furthering the company's goal of diversifying its offerings. The Wall Street Journal (tiered subscription model) (7/11) LinkedInFacebookTwitterEmail this Story
  • Amazon expands MyHabit to 50 countries
    Amazon said its flash-sale fashion site MyHabit has begun shipping to 50 countries in Europe, Asia and the Americas. MyHabit launched in early May as a rival to members-only fashion sites including Gilt Groupe and HauteLook. InternetRetailer.com (7/11) LinkedInFacebookTwitterEmail this Story
  • Apple tells another firm to drop "app store"
    A law firm representing Apple sent a cease-and-desist letter telling wireless-application seller GetJar to stop using the phrase "app store." Apple, which filed to trademark the phrase in 2008, sued Amazon after the online retailer launched its Appstore for Android this year. Last week, a judge denied Apple's request for an injunction to force Amazon to stop using the name. The Wall Street Journal (tiered subscription model) (7/11) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Interactive Advertising 
 
  • Trying to create a Facebook strategy? Don't bother
    Facebook is losing its charm for many marketers, argues Kevin Allen, so it's probably not worth creating a specific marketing strategy for the site. The social network's revamped algorithms downplay branded pages, and there's little sign that Facebook drives real-world or online sales. "Don't get me wrong, Facebook has a potential role to play for most brands," Allen writes. "But just like putting your dollars into television, it's an easy option, not necessarily the best option." Forbes/Ignite Something blog (7/12) LinkedInFacebookTwitterEmail this Story
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  Legislative & Regulatory 
  • Amazon pushes to put Calif. sales-tax issue to popular vote
    Amazon supports a petition in California to let voters decide whether to overturn a law on online sales tax, passed recently by state legislators. "At a time when businesses are leaving California, it is important to enact policies that attract and encourage business, not drive it away," said Paul Misener, Amazon's vice president of public policy. NPR.org/The Associated Press (7/11) LinkedInFacebookTwitterEmail this Story
  Shop.org Spotlight 
  • Want to win a free pass to Shop.org's Annual Summit?
    Shop.org's popular regional dinners are heading to Boston and New York in August. These free, retailer-only dinners offer executives an opportunity to network with their peers and share best practices. At the end of each dinner, Shop.org will raffle off one full conference pass to the Shop.org Annual Summit, this September in Boston (up to an $1,800 value). Read more. LinkedInFacebookTwitterEmail this Story
 
Learn more about Shop.org ->Website  |  Events  |  Research  |  Shop.org Blog  |  Join Shop.org

  SmartQuote 
Ask five economists and you'll get five different explanations -- six if one went to Harvard."
--Edgar R. Fiedler,
American economist


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