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E-Tailing Report Shows Further E-Commerce Investments

In eCommerce, Industry News, What's New by Accessories StaffLeave a Comment

Chicago–E-commerce is growing, and as a result, merchants will be investing “significantly more” in 2011 compared to 2010, according to the e-tailing group’s 10th Annual Merchant Survey. While the full report is available for purchase, a summary reveals the following: 90% of merchants anticipate Internet revenues will increase over last …

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Walmart to Buy Social Media Company Kosmix

In eCommerce, Industry News, What's New by Accessories StaffLeave a Comment

Bentonville, AR–Walmart has agreed to buy Kosmix, a social media start-up focused on e-commerce, as it looks for new ways to tap into customers via social networking sites and smartphones. “We are expanding our capabilities in today’s rapidly growing social commerce environment,” said Eduardo Castro-Wright, Walmart’s vice chairman. “Social networking …

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A Generation Gap?

In Features, Marketing, What's New by Jeff PrineLeave a Comment

Features

While accessories benefitted from a return to discretionary spending, Marshal Cohen of The NPD Group, Inc. cautions that future growth requires marketing to an entirely new consumer. Jeff Prine dissects the numbers You could almost hear a gasp of relief as fourth quarter sales tallies came in from the U.S. …