Estee Lauder buys Gloss.com site to expand e-commerce business

Article Abstract:

Estee Lauder has bought gloss.com for an undisclosed amount in a leap into the risky realm of online retailing. The cosmetics company is creating customized Web sites for Clinique, Mac and all its 15 brands. Estee Lauder hopes to avoid animosity with its retailers by involving them in marketing efforts.

Toiletries, Toilet Preparation Manufacturing, Toilet preparations, New Electronic Marketing, Cosmetics industry, Estee Lauder Inc., Gloss.com

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The attack of the robots

Article Abstract:

Shopping robots, known as bots, are making comparison shopping on the World Wide Web a snap. These bots are capable of analyzing the content of hundreds of Internet sites and locating the best price on a certain item. On-line retails are wary of these tools. They are concerned that the robots will prompt a price war in cyberspace, and as a result, profit margins will be cut back to razor-thin levels. The Internet has changed the way people shop, and it has empowered consumers with information. Consumers are using the Internet to research products of all types, even ones that they have no intention of buying On-line.

Product information, Usage, Software, Internet, Internet/Web technology application, Technology application, Online searching

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Gateway buys stake in online retailer, plans site

Article Abstract:

Gateway Inc. announced it will join the ranks of computer sellers to go online. To facilitate that, it will buy a stake for $21 million in the innovative online subsidiary of New England Circuit Sales Inc. to operate its new shopping site. The new site is called SpotShop.com, after its trademark Holstein cow spots graphic, and offer 30,000 computer software, peripherals and other products.

Comment:

Online subsidiary gets $21 million stake from Gateway

Electronic computers, Electronic Computer Manufacturing, Asset sales & divestitures, Computers & Auxiliary Equip, Computer industry, Abstract, Gateway Inc., New England Circuit Sales Inc.

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