Harvey Norman set to finally launch online store
Australian retail veteran Gerry Harvey has finally admitted plans to move into online retail, in the latest move by a bricks-and-mortar giant to jump on the internet bandwagon.The move comes as Harvey and a suite of bricks-and-mortar retailers including David Jones and Myer have continued to
Wednesday, 30 March 2011
eBay Acquires GSI: What It Means | Forrester Blogs
The eCommerce technology and services marketplace awoke to some interesting news today. eBay announced today that it will acquire GSI Commerce. The deal has a number of implications for GSI’s customers, partners, and competitors and also changes eBay’s position as a services provider and partner within the industry. It’s a big deal*, with eBay paying $29.25 a share, or approximately $2.4 billion.Why did eBay buy GSI, what’s in it for them?
Monday, 28 March 2011
Buffett cautions social-networking investors by Steven Musil
Warren Buffett is warning investors to be careful about which social networks they friend with their investment dollars.Buffett, the chief executive of the Berkshire Hathaway investment empire, warned investors Friday at a conference in New Delhi to be wary of social networks such as Facebook and Twitter--a sector that has recently generated great interest and anticipation on Wall Street.Buffett cautions social-networking investors | Digital Media - CNET News
Cloud enables Catchoftheday to reel in sales - e-commerce, Cloud hosting, Catchofthday - CIO
An ailing server that could not cope with traffic spikes on its e-commerce websites lead Victorian-based company Catchofthday to investigate Cloud hosting.
Chief technology officer, Vijay Bala, told CIO Australia that its expansion plans for general goods website Catchoftheday and experiences, such as restaurant dining, website Scoopon were being stymied by system crashes. The company also operates a site called Wine.Catchoftheday which offers specials on wine.
Tuesday, 1 March 2011
Myer launches new China-based website, but online competitors not impressed
Department store giant Myer has put up its long awaited Chinese-based website online in a "soft" launch, but so far the competition isn't too afraid – or impressed.Chief executive of kitchenware retailer Everton Online, Hal Pritchard, says the myfind.com store doesn't seem to be posing a credible threat to online retailers anytime soon.