Thursday, February 2, 2012

Facebook files for $5 billion IPO

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February 2, 2012
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News about digital retail commerce

  Top Story 
  • Dillard's invests $4 million in Acumen Brands
    Regional department-store chain Dillard's has made a $4 million investment in Acumen Brands, which operates 12 online specialty stores including HecticGourmet.com and TopSlugger.com. Dillard's expects to tap into the company's expertise to further the chain's online retail efforts, said President Alex Dillard. InternetRetailer.com (2/1) LinkedInFacebookTwitterEmail this Story
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  Online Retail Trends 
 
  • Survey: Millenials value shopping advice from strangers
    One third of baby boomers and 51% of shoppers born between 1977 and 1995 say product reviews by like-minded or knowledgeable strangers are more likely to influence their buying decisions than recommendations from friends or family, according to a survey from Bazaarvoice. "That's a powerful indication that millennials think differently about whose opinions they can trust," says vice president Lisa Pearson. InternetRetailer.com (2/1) LinkedInFacebookTwitterEmail this Story
  • Tips for keeping online transactions secure
    A single data breach can have devastating consequences for an online retailer, both in terms of lost customers and potential costs levied by credit-card companies. A locked-down shopping cart that doesn't store customers' credit-card data is essential to keep transactions secure, experts say. Entrepreneur.com (2/1) LinkedInFacebookTwitterEmail this Story
  • Data: U.K. has the largest group of online shoppers
    About 60% of British consumers shop online for food, clothing and other goods, a larger percentage than any other country in the developed world, according to the Organisation for Economic Co-operation and Development. The average for all OECD member countries is 30%, and Mexico has the smallest group with fewer than 5% of residents shopping online. The Telegraph (London) (2/1) LinkedInFacebookTwitterEmail this Story
 
Consumer Insights Your Brand Needs to Know: Latest Trends in Behavioral Advertising
Learn what brand managers, advertisers, as well as networks, agencies, and publishers need to know about consumer survey insights into behavioral ad serving, also known as interest-based advertising. Learn more today!
  New Media & Technology 
 
  • Consumer demand for NFC technology is expected to build
    Near-field communications-enabled smartphones have been slow to take hold in the U.S., but VDC Research predicts that consumer demand will lead brands to turn increasingly to the technology in hopes of swaying smartphone users' buying decisions. VDC estimates that 100 million NFC-equipped phones will ship globally this year and cited better display technology as one reason for the increased uptake. VDC pointed to a number of companies that have adopted NFC for various uses. MediaPost Communications/Online Media Daily (2/1) LinkedInFacebookTwitterEmail this Story
Top 5 HR Compliance Concerns for Small Business
Small and medium sized companies spend a lot of time focusing on core business issues, but they may overlook one of the most potentially serious and costly issues — regulatory compliance. How do you know what issues to look for in order to protect the company? Download this must-read paper that discusses the top 5 HR compliance issues.
  Companies in the News 
 
  • Facebook files for $5 billion IPO
    Facebook filed to raise $5 billion in an initial public offering, the largest IPO for an Internet company. The social network is aiming for valuation of $75 billion to $100 billion, sources said. Bloomberg (2/2) LinkedInFacebookTwitterEmail this Story
  • Amazon launches shopping site in India
    Amazon launched Junglee.com, its first retail website in India. The site features 12 million products from 14,000 brands, offered by Amazon as well as a network of third-party sellers. Reuters (2/2) LinkedInFacebookTwitterEmail this Story
  • Alibaba establishes environmental-protection foundation
    China's largest e-commerce player created a foundation to support the country's developing environmental-protection organizations. Alibaba Group and its subsidiaries launched the effort with an initial donation of $7.8 million and plans to also provide natural-disaster relief and aid to the poor and disabled. Xinhuanet.com (China) (2/1) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Shop.org Spotlight 
  • How digital will impact the next generation of in-store shopping
    There's no doubt retail marketing has been redefined over the past decade as consumers have set forth increasingly higher expectations in the age of cross-channel. In a recent Shop.org First Look Track session, Bryan Eisenberg shared his thoughts on what the future shopping experience will look like -- as well as how digital retailers can be preparing for the future now. Read more. Shop.org Blog (2/1) LinkedInFacebookTwitterEmail this Story
 
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  SmartQuote 
Vitality shows in not only the ability to persist but the ability to start over."
--F. Scott Fitzgerald,
American author


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