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		<title>Behind the Scenes at Groupon's Tech Headquarters as It Prepares to Report First Public Earnings</title>
		<link>http://allthingsd.com/20120208/behind-the-scenes-at-groupons-tech-headquarters-as-it-prepares-to-report-earnings/</link>
		<comments>http://allthingsd.com/20120208/behind-the-scenes-at-groupons-tech-headquarters-as-it-prepares-to-report-earnings/#comments</comments>
		<pubDate>Wed, 08 Feb 2012 14:00:33 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Adku]]></category>
		<category><![CDATA[Amazon]]></category>
		<category><![CDATA[Andrew Mason]]></category>
		<category><![CDATA[Campfire]]></category>
		<category><![CDATA[Carlos Whitt]]></category>
		<category><![CDATA[Clever Sense]]></category>
		<category><![CDATA[daily deals]]></category>
		<category><![CDATA[Danger]]></category>
		<category><![CDATA[DreamWorks]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[entrepreneur]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Gowalla]]></category>
		<category><![CDATA[Groupon]]></category>
		<category><![CDATA[Groupon Now]]></category>
		<category><![CDATA[Groupon Rewards]]></category>
		<category><![CDATA[LivingSocial]]></category>
		<category><![CDATA[local commerce]]></category>
		<category><![CDATA[M&A]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[merchants]]></category>
		<category><![CDATA[Mihir Shah]]></category>
		<category><![CDATA[Mob.ly]]></category>
		<category><![CDATA[Q4]]></category>
		<category><![CDATA[retailers]]></category>
		<category><![CDATA[T-Mobile Sidekick]]></category>
		<category><![CDATA[travel]]></category>
		<category><![CDATA[Zappedy]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=172207</guid>
		<description><![CDATA[Groupon is slowly building out its technology prowess in Palo Alto, Calif., 2,000 miles away from its headquarters -- one acquisition at a time.]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-medium wp-image-172261" title="Groupon's Palo Alto offices" src="http://allthingsd.com/files/2012/02/IMG_5700-380x253.jpg" alt="" width="380" height="253" /></p>
<p>In a three-story building in Palo Alto, Calif. &#8212; formerly occupied by Danger, the developer behind the T-Mobile Sidekick &#8212; Groupon has been trying to build out a Silicon Valley technology center, one acquisition at a time.</p>
<p>The pursuit was kicked off two years ago with the purchase of mobile app development shop Mob.ly. Mihir Shah, the company&#8217;s CEO, started recruiting for the social buying company, and then became the Groupon&#8217;s VP of mobile.</p>
<p>Since then, there has been a hodgepodge of acquisitions, including <a href="http://allthingsd.com/20111228/groupon-acquires-campfire-labs-to-jumpstart-social-products/">Campfire</a>, which builds chat, calendar and media-sharing tools, as well as <a href="http://allthingsd.com/20110726/groupon-buys-zappedy-for-10-3-million/">Zappedy</a>, which makes a platform for merchants to redeem Internet-based offers more easily. </p>
<p>Last week, it continued with Adku, a low-profile San Francisco start-up that helps e-commerce retailers fine-tune their recommendation engines using external factors, such as whether it is hot or cold outside.</p>
<p><img class="alignleft size-medium wp-image-172262" title="Groupon's office in Palo Alto." src="http://allthingsd.com/files/2012/02/IMG_5696-380x253.jpg" alt="" width="380" height="253" /></p>
<p>None of the teams have been extremely big or expensive, but Groupon insists that they already are having a major impact on the company.</p>
<p>That may be hard to believe in a company of more than 10,000 employees, most of which are salespeople who are not working on technology.</p>
<p>But Adku&#8217;s co-founder Carlos Whitt, who is joining the company along with five others from his team, said the entrepreneurial vibe in the building is &#8220;ridiculously exciting.&#8221;</p>
<p>&#8220;The opportunity, the innovation and entrepreneurs are all there,&#8221; he said. &#8220;It&#8217;s a good intersection.&#8221;</p>
<p>Still, Groupon has not been able to attract every entrepreneur it pursues. It had been actively <a href="http://allthingsd.com/20111228/groupon-acquires-campfire-labs-to-jumpstart-social-products/">trying to buy other social start-ups</a>, such as Gowalla. That particular deal <a href="http://allthingsd.com/20111205/yup-its-an-acqhire-facebook-gets-gowalla-for-its-people/">went to Facebook</a>. Another would-be Groupon acquisition target, Clever Sense, <a href="http://allthingsd.com/20111213/google-buys-alfred-restaurant-recommendation-app-for-local-team/">was won by Google</a>.</p>
<p><img class="alignright size-medium wp-image-172268" title="Groupon's stocked kitchen in Palo Alto." src="http://allthingsd.com/files/2012/02/IMG_5692-380x253.jpg" alt="" width="380" height="253" /></p>
<p>No matter, according to Mob.ly&#8217;s Shah, who said Groupon is actively evolving beyond a daily deals service into a company that builds a set of key marketing tools for local merchants that increases sales, cuts costs and boosts productivity.</p>
<p>Some of the early tools include online calendars to make it easy for spas or gyms to book appointments online, and rewards programs that allow merchants to identify loyal customers who return and spend a lot of money.</p>
<p>Groupon also recently revamped its merchant center, where its customers can manage their daily deals and other programs in an online dashboard.</p>
<p>Shah said the idea is to create a marketing suite that makes small businesses more efficient and productive.</p>
<p>&#8220;We never want to stand still and be a big company,&#8221; he said.</p>
<p>But the big question is whether those tools will be sticky enough to keep merchants coming back to offer new deals, which is where Groupon gets all of its revenue from. That&#8217;s because most of the new tools are expected to be given away for free and not generate any additional income &#8212; at least for now.</p>
<p><img class="alignleft size-medium wp-image-172273" title="Groupon Monkeys in Palo Alto" src="http://allthingsd.com/files/2012/02/IMG_5697-190x285.jpg" alt="" width="190" height="285" /></p>
<p>It will also have to be enough to keep away other close competitors, such as LivingSocial, Google and Amazon.</p>
<p>The ability to spur innovation and keep ahead of rivals will be on the minds of analysts when Groupon reports its first financial results as a publicly held company this afternoon.</p>
<p>Wall Street is expecting the company to report three cents per share profit on revenue of $475 million in its fourth quarter earnings, according to Thomson Reuters.</p>
<p>That&#8217;s up from $430 million in revenues in the third quarter and will be Groupon&#8217;s first profitable quarter in nearly two years</p>
<p>In particular, analysts will be listening for updates on some of the company&#8217;s core programs, such as Groupon Now, which is its mobile product that allows consumers to purchase deals minutes or hours before redeeming them based on their location. Other metrics may be shared regarding loyalty and retention programs.</p>
<p>This is also Groupon CEO Andrew Mason&#8217;s first big chance to speak to the investment community since the end of the company&#8217;s quiet period (<a href="http://allthingsd.com/20110927/the-groupon-conundrum-the-ipo-goes-on-but-when-will-the-drama-stop/">which he wasn&#8217;t really good at keeping, anyway</a>).</p>
<p>Groupon&#8217;s stock increased nearly three percent yesterday to close at $24.19, which is just above its IPO price of $20 a share.</p>
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		<title>Amazon Grew Twice as Fast as the Overall E-Commerce Market in Q4</title>
		<link>http://allthingsd.com/20120207/amazon-grew-twice-as-fast-as-the-overall-e-commerce-market-in-q4/</link>
		<comments>http://allthingsd.com/20120207/amazon-grew-twice-as-fast-as-the-overall-e-commerce-market-in-q4/#comments</comments>
		<pubDate>Tue, 07 Feb 2012 16:27:44 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Amazon]]></category>
		<category><![CDATA[comScore]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[free shipping]]></category>
		<category><![CDATA[holiday shopping]]></category>
		<category><![CDATA[U.S. spending]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=172031</guid>
		<description><![CDATA[Amazon's growth of 35 percent in the fourth quarter ended up clocking in at more than twice the overall market's growth, according to comScore, which released new data yesterday.]]></description>
			<content:encoded><![CDATA[<p>Amazon&#8217;s growth of 35 percent in the fourth quarter ended up clocking in at more than twice the overall market&#8217;s growth, according to comScore, which released new data yesterday.</p>
<p><img class="alignright size-medium wp-image-172032" title="Amazon_bezos_time_man_of_year" src="http://allthingsd.com/files/2012/02/Amazon_bezos_time_man_of_year-217x285.gif" alt="" width="217" height="285" />In the fourth quarter, <a href="http://www.comscore.com/Press_Events/Press_Releases/2012/2/comScore_Reports_Q4_2011_U.S._Retail_E-Commerce_Spending">comScore said</a>, U.S. retail spending was up 14 percent &#8212; to nearly $50 billion &#8212; compared to a year ago.</p>
<p>Of course, Amazon&#8217;s results include international sales, as well as purchases made from mobile phones, which comScore does not track, so the comparison isn&#8217;t exactly fair.</p>
<p>Still, despite Amazon&#8217;s exuberant performance compared to the market as a whole, it fell short of Wall Street estimates, which had expected sales to rise by more than 40 percent from the fourth quarter in 2010.</p>
<p>Last week, the earnings news led to <a href="http://allthingsd.com/20120131/amazons-stock-fizzles-as-holiday-sales-fail-to-catch-fire/">Amazon’s stock tumbling in after-hours trading</a> by nearly 10 percent, to $175.50. Since then, the stock has partially recovered, and is currently trading at $184.74 a share.</p>
<p><strong>More findings from comScore&#8217;s fourth-quarter and year-end reports:</strong></p>
<ul>
<li>The fourth quarter represented the ninth consecutive quarter of positive year-over-year growth, and fifth consecutive quarter of double-digit growth rates.</li>
<li>For the entire year 2011, U.S. retail e-commerce spending reached a record $161.5 billion, marking a 13 percent increase from 2010.</li>
<li>The categories that grew by at least 18 percent year over year: Digital content and subscriptions, jewelry and watches, consumer electronics, toys and hobbies, and computer software.</li>
<li>10 days in Q4 surpassed $1 billion in online spending.</li>
<li>52 percent of e-commerce transactions included free shipping, representing an all-time high.</li>
</ul>
]]></content:encoded>
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		<title>Yahoo Starts Making Wish List, as Asian Deal Huffs to Finish Line and Board Changes Readied</title>
		<link>http://allthingsd.com/20120206/yahoo-starts-making-wish-list-as-asian-deal-huffs-to-finish-line-and-board-changes-readied/</link>
		<comments>http://allthingsd.com/20120206/yahoo-starts-making-wish-list-as-asian-deal-huffs-to-finish-line-and-board-changes-readied/#comments</comments>
		<pubDate>Mon, 06 Feb 2012 13:45:26 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[activist]]></category>
		<category><![CDATA[advertising]]></category>
		<category><![CDATA[agreement]]></category>
		<category><![CDATA[Alibaba Group]]></category>
		<category><![CDATA[Alibaba.com]]></category>
		<category><![CDATA[Asian]]></category>
		<category><![CDATA[asset]]></category>
		<category><![CDATA[board]]></category>
		<category><![CDATA[cash-rich split-off]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Daniel Loeb]]></category>
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		<category><![CDATA[dealmaker]]></category>
		<category><![CDATA[Digg]]></category>
		<category><![CDATA[director]]></category>
		<category><![CDATA[e-commerce]]></category>
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		<category><![CDATA[Jack Ma]]></category>
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		<category><![CDATA[Joe Tsai]]></category>
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		<category><![CDATA[Masa Son]]></category>
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		<category><![CDATA[Netflix]]></category>
		<category><![CDATA[private letter ruling]]></category>
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		<category><![CDATA[Scott Thompson]]></category>
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		<category><![CDATA[The Wall Street Journal]]></category>
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		<category><![CDATA[Yahoo]]></category>
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		<category><![CDATA[Yahoo Japan]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=170888</guid>
		<description><![CDATA[Here's a big, honking update on the Silicon Valley Internet giant's various machinations for you!]]></description>
			<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20120206/yahoo-starts-making-wish-list-as-asian-deal-huffs-to-finish-line-and-board-changes-readied/images-17/" rel="attachment wp-att-171612"><img src="http://allthingsd.com/files/2012/02/images.png" alt="" title="images" width="283" height="178" class="alignright size-full wp-image-171612" /></a></p>
<p>Let&#8217;s be clear on the much-awaited Asian deal that Yahoo and its Asian partners have been working on: While it is certainly still moving forward, once signed, it will not actually officially close until next year.</p>
<p>Yes, that&#8217;s right &#8212; <em>2013</em>!</p>
<p>Still, what everyone and his investor is waiting for is the splashy announcement of the agreement, which involves the Silicon Valley Internet giant, China&#8217;s Alibaba Group and SoftBank, a large shareholder in Yahoo Japan.</p>
<p>Yahoo leadership has been hoping that could happen before Feb. 24, an <a href="http://allthingsd.com/20120109/come-west-daniel-loeb-a-silicon-valley-visit-as-as-yahoos-activist-shareholder-mulls-proxy-fight/">important date after which activist shareholder Daniel Loeb</a> could begin to mount a proxy fight against the current board.</p>
<p>And while the definitive agreement &#8212; involving the sale of Yahoo&#8217;s 33 percent stake in Alibaba and 35 percent stake in Yahoo Japan &#8212; has been moving back and forth among the dealmakers, one source said its completion might take a little longer than that, perhaps even into mid-March.</p>
<p>&#8220;It is one of the most complicated cross-border transactions in a long time,&#8221; said one person close to the situation. &#8220;It&#8217;s three different languages, three time zones and three companies that have not always seen eye to eye.&#8221;</p>
<p>It&#8217;s not that the companies don&#8217;t have the top talent on the effort. For Yahoo, it is CFO Tim Morse (who most recently also warmed the CEO seat, until Scott Thompson&#8217;s recent appointment); for Alibaba, it&#8217;s CEO Jack Ma and CFO Joe Tsai; and, for SoftBank, it is top man Masa Son and his top man Ron Fisher.</p>
<p>To make things even more complex, at the same time as the negotiating is going on, the trio also has to pay mind to how the Internal Revenue Service in the U.S. is going to view the whole deal. </p>
<p><a href="http://allthingsd.com/20120206/yahoo-starts-making-wish-list-as-asian-deal-huffs-to-finish-line-and-board-changes-readied/mk-br479a_cashr_d_20120105182116-2/" rel="attachment wp-att-171215"><img src="http://allthingsd.com/files/2012/02/MK-BR479A_CASHR_D_20120105182116.png" alt="" title="MK-BR479A_CASHR_D_20120105182116" width="262" height="396" class="alignleft size-full wp-image-171215" /></a></p>
<p>As you can see here from a <a href="http://online.wsj.com/article/SB10001424052970204331304577143121744990212.html">Wall Street Journal chart</a>, it&#8217;s a pretty complicated &#8220;cash-rich split-off&#8221; to avoid taxes.</p>
<p>While the IRS cannot take an application for a <a href="http://en.wikipedia.org/wiki/Private_letter_ruling">&#8220;private letter ruling&#8221;</a> until it has an actual agreement in hand, and will not issue one on a hypothetical transaction, the agreement still must be crafted so it is most likely to pass muster.</p>
<p>And only then can anyone move on to the many billions of dollars that Yahoo will instruct Alibaba and SoftBank to pay or contribute in kind for the asset part of the arrangement.</p>
<p>As the Journal noted, in more clarity than I ever could: &#8220;A key part of satisfying tax-code requirements is that the company shedding its shares get assets, not just cash, in exchange for them. Cash can&#8217;t account for more than two-thirds of the transferred value, tax rules say. This restriction was adopted in 2005 to limit misuse of the provision.&#8221;</p>
<p>While Yahoo&#8217;s execs have met about the various possibilities, it is more considering now than anything else.</p>
<p>And although a lot of names have been bandied about &#8212; Weather Channel, WebMD, as well as Glam Media and even Digg &#8212; the more likely direction Yahoo will go in will be different, according to many sources.</p>
<p>First, said sources, the key criteria for the purchase will be to diversify revenue streams, a theme Thompson sounded in his <a href="http://allthingsd.com/20120124/so-new-yahoo-ceo-scott-thompson-how-bad-is-it/">first earnings report</a> recently. That could mean more online commerce, perhaps, rather than advertising or media assets.</p>
<p>Second, said sources, international properties might be more valuable to Yahoo than owning more U.S.-based ones, which opens up a range of interesting possibilities.</p>
<p>This could even include some already held by Alibaba, for example, such as garnering a big stake in its publicly-traded Alibaba.com. Technically, via Alibaba, Yahoo already owns some of the e-commerce giant, but not directly. Another possibility is to get back the Yahoo China business, also now owned by Alibaba. </p>
<p>Third, U.S. companies that Yahoo might look at could be unusual and even bold. Two names brought up in recent internal meetings, for example, were Netflix (before its stock revived) and Yelp (which is prepping for an IPO, and which Yahoo once tried to buy already).</p>
<p>And if things were not already needlessly complex in fixing its Asia problem, expect a change in the Yahoo board composition, too, as early as this week. </p>
<p>As I previously reported, at least <a href="http://allthingsd.com/20120117/sources-four-more-board-members-will-be-following-yang-out-the-door/">four directors are expected to move on</a>. More to the point, there will also be replacements announced at the same time.</p>
<p>To stave off Loeb and even give him a perceptible win, sources said the company is considering announcing the changes sooner than later, with the hope that fresh new members will placate other shareholders.</p>
<p>Lastly, with Thompson starting to take the reins after a month there, I would also expect he&#8217;ll weigh in on some significant restructuring (his word, not mine!) at Yahoo soon enough, too.</p>
<p>Complicated? Sure is! Perplexing even? And how! But until Asian and board resolutions, the real work of fixing Yahoo can&#8217;t really begin.</p>
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		<title>A Look at Walmart's Plans for Making Commerce High-Tech (Video)</title>
		<link>http://allthingsd.com/20120203/a-look-at-wal-marts-plans-for-making-commerce-high-tech-video/</link>
		<comments>http://allthingsd.com/20120203/a-look-at-wal-marts-plans-for-making-commerce-high-tech-video/#comments</comments>
		<pubDate>Fri, 03 Feb 2012 14:00:20 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[@WalmartLabs]]></category>
		<category><![CDATA[Anand Rajaraman]]></category>
		<category><![CDATA[bricks and mortar stores]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[everyday low prices]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Get on the Shelf]]></category>
		<category><![CDATA[Kosmix]]></category>
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		<category><![CDATA[offline]]></category>
		<category><![CDATA[online]]></category>
		<category><![CDATA[research]]></category>
		<category><![CDATA[retail stores]]></category>
		<category><![CDATA[shopping]]></category>
		<category><![CDATA[Shopycat]]></category>
		<category><![CDATA[social commerce]]></category>
		<category><![CDATA[Venky Harinarayan]]></category>
		<category><![CDATA[video]]></category>
		<category><![CDATA[Wal-Mart]]></category>
		<category><![CDATA[Walmart.com]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=171033</guid>
		<description><![CDATA[Walmart is typically associated with its everyday low prices, not with technology. But the mega-retailer is trying to change that by building a tech center just south of San Francisco.]]></description>
			<content:encoded><![CDATA[<p>Walmart is typically associated with its everyday low prices, not with technology.</p>
<p><img class="alignright size-medium wp-image-87188" title="walmart_truck" src="http://allthingsd.com/files/2011/06/walmart_truck-380x251.jpg" alt="" width="380" height="251" />But the mega-retailer is trying to change that by building a tech center in San Bruno, Calif., just south of San Francisco, which houses Walmart.com and a growing team of researchers.</p>
<p>The mission of @WalmartLabs is to study how mobile and social platforms are changing commerce, and how the line is increasingly blurring between online and offline shopping.</p>
<p>The lab, which now has a headcount of around 200, was founded about a year ago, when the Bentonville, Ark.-based company <a href="http://allthingsd.com/20110615/what-wal-mart-has-in-store-for-making-commerce-social/">purchased Bay Area start-up Kosmix</a>.</p>
<p>In an interview last week, SVP of global e-commerce Anand Rajaraman, who founded Kosmix along with Venky Harinarayan, said the group has had near-autonomy in trying out several experiments, some of which you might have thought would be taboo for such a large physical retailer.</p>
<p>For instance, <a href="http://allthingsd.com/20111130/dont-trust-your-instincts-wal-mart-uses-algorithms-to-find-gifts-people-want/">the team rolled out Shopycat</a> over the holidays on Facebook, which recommended gifts based on a friend&#8217;s interests.</p>
<p>The notable part was that the gifts did not necessarily come only from Walmart, but other retailers, as well. &#8220;It was the first time we sent traffic to a non-Walmart site,&#8221; Rajaraman said. &#8220;But if we want to be a place to find gifts, we thought the right thing to do was to include other retailers.&#8221;</p>
<p>More recently, the lab launched a contest called &#8220;Get on the Shelf,&#8221; which allowed small businesses to submit a video featuring a product they had invented. Starting on March 7, visitors to <a href="http://getontheshelf.com/">GetOntheShelf.com</a> will be able to vote on those products they think deserve shelf space. Among the submissions is a product called &#8220;the Catcher,&#8221; which, as it implies, can be used to catch your dog&#8217;s poop before it hits the ground.</p>
<p>In the interview video below, Rajaraman also addresses another unfavorable topic among large brick-and-mortars &#8212; the shift from buying offline to online. It is a trend that Walmart&#8217;s big Internet competitor, Amazon, is benefiting from.</p>
<p>Today, retailers are fighting hard not to become showrooms, places where consumers go to decide what to buy before then making the purchase online. But Rajaraman suggested that maybe the concept can be embraced, and physical locations will indeed become showrooms, where shoppers pick up items that were ordered online, or try out products that are ultimately shipped to their homes.</p>
<p>And perhaps Rajaraman will help invent the technology that will make it all happen.</p>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=046158E0-32D5-463F-9314-8B294AF1748C&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={046158E0-32D5-463F-9314-8B294AF1748C}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object></p>
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		<title>Amazon Starts Selling Sports Memorabilia; Babe Ruth Cards Only $35,000!</title>
		<link>http://allthingsd.com/20120202/amazon-starts-selling-sports-memorabilia-babe-ruth-cards-only-35000/</link>
		<comments>http://allthingsd.com/20120202/amazon-starts-selling-sports-memorabilia-babe-ruth-cards-only-35000/#comments</comments>
		<pubDate>Thu, 02 Feb 2012 15:49:46 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Amazon]]></category>
		<category><![CDATA[Babe Ruth]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[Quidsi]]></category>
		<category><![CDATA[sports]]></category>
		<category><![CDATA[sports collectibles]]></category>
		<category><![CDATA[trading cards]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=170785</guid>
		<description><![CDATA[From a $4 Wayne Gretzky trading card to a $34,950 Babe Ruth autographed baseball, Amazon has started to offer more than two million items in a new Sports Collectibles Store launched today. The store's emphasis will be on authenticity, with professionals vouching for the source and condition of products. The e-commerce giant was rumored to be setting foot into the sports category, but this doesn't seem to be it. Possibly on Amazon, or through its Quidsi division, the retailer is also planning to get into outdoor-sports apparel and merchandise.]]></description>
			<content:encoded><![CDATA[<p>From a $4 Wayne Gretzky trading card to a $34,950 Babe Ruth autographed baseball, <a href="http://phx.corporate-ir.net/phoenix.zhtml?c=176060&amp;p=irol-newsArticle&amp;ID=1655926&amp;highlight=">Amazon has started</a> to offer more than two million items in a new <a href="www.amazon.com/sportscollectibles">Sports Collectibles Store</a> launched today. The store&#8217;s emphasis will be on authenticity, with professionals vouching for the source and condition of products. The e-commerce giant was rumored to be setting foot into the sports category, but this doesn&#8217;t seem to be it. Possibly on Amazon, or through its Quidsi division, the retailer <a href="http://www.geekwire.com/2012/amazoncom-outdoorsy-rei-job-posts-sports-site">is also planning to get into outdoor-sports apparel and merchandise</a>.</p>
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		<title>Amazon Sees No Reason to Slow Its Spending</title>
		<link>http://allthingsd.com/20120201/amazon-sees-no-reason-to-slow-its-spending/</link>
		<comments>http://allthingsd.com/20120201/amazon-sees-no-reason-to-slow-its-spending/#comments</comments>
		<pubDate>Wed, 01 Feb 2012 11:40:15 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Amazon]]></category>
		<category><![CDATA[Amazon Prime]]></category>
		<category><![CDATA[Amazon Web Services]]></category>
		<category><![CDATA[analysts]]></category>
		<category><![CDATA[Charles Munster]]></category>
		<category><![CDATA[clothing]]></category>
		<category><![CDATA[conference call]]></category>
		<category><![CDATA[consumables]]></category>
		<category><![CDATA[consumer electronics]]></category>
		<category><![CDATA[digital content]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[earnings]]></category>
		<category><![CDATA[employees]]></category>
		<category><![CDATA[fourth quarter]]></category>
		<category><![CDATA[fulfillment center]]></category>
		<category><![CDATA[headcount]]></category>
		<category><![CDATA[investing]]></category>
		<category><![CDATA[Kindle]]></category>
		<category><![CDATA[Kindle Fire]]></category>
		<category><![CDATA[margins]]></category>
		<category><![CDATA[Piper Jaffray]]></category>
		<category><![CDATA[profits]]></category>
		<category><![CDATA[Q4]]></category>
		<category><![CDATA[retail]]></category>
		<category><![CDATA[Tom Szkutak]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=170021</guid>
		<description><![CDATA[Amazon defended its free-spending habits yesterday in a call with analysts, arguing that it continues to see new opportunities and will invest accordingly.]]></description>
			<content:encoded><![CDATA[<p>Amazon defended its free-spending habits yesterday in a call with analysts, arguing that it continues to see new opportunities and will invest accordingly.</p>
<p><img class="alignright size-medium wp-image-91808" title="jeff bezos amazon" src="http://allthingsd.com/files/2011/06/jeff-bezos-amazon-380x252.jpg" alt="" width="380" height="252" />The comments follow <a href="http://allthingsd.com/20120131/amazons-stock-fizzles-as-holiday-sales-fail-to-catch-fire/">a less than stellar fourth-quarter performance</a> in which the gigantic e-commerce provider spent nearly as much money as it brought in the door &#8212; even during its busiest quarter of the year.</p>
<p>Profits for the quarter fell 58 percent, while annual earnings were cut nearly in half.</p>
<p>Some analysts were hoping that the end of the year would be a low point for margins and that Amazon would start growing in 2012 as it benefited from the steep investments made the prior year.</p>
<p>But that&#8217;s not part of the plan.</p>
<p>&#8220;We&#8217;re incredibly optimistic about the opportunity that we have, and that&#8217;s why we have invested the way we have and why we&#8217;re continuing to invest in the business,&#8221; said Amazon&#8217;s CFO Tom Szkutak in a conference call with analysts.</p>
<p>For clarity, Piper Jaffray analyst Charles Munster asked again: &#8220;So, your outlook in terms of investment philosophy hasn&#8217;t changed versus last quarter going forward?&#8221;</p>
<p>&#8220;No, no,&#8221; Szkutak said. &#8220;We are continuing to look as we always do. We learn every week, month and quarter about customer adoption. We are looking at a lot of positive things across the business in terms of adoption, specifically Kindle growth from a device standpoint and content that&#8217;s following that.&#8221;</p>
<p>Other categories seeing growth, he said, include clothing, consumables, consumer electronics and Amazon Web Services.</p>
<p>&#8220;There&#8217;s a lot of interesting opportunities that we continue to invest in. So we are pleased with the performance in Q4 and what it means going forward for us.&#8221;</p>
<p>Over the past year, Amazon has invested heavily in infrastructure, including 17 fulfillment centers around the globe. At the end of the year, it had 56,200 employees, up 67 percent year over year, with most of the hiring coming in operations and customer service.</p>
<p>It has also invested heavily in the digital content business, including the Kindle.</p>
<p>It&#8217;s widely assumed that Amazon is breaking even or taking a slight loss on the sale of each Kindle Fire. It&#8217;s also securing expensive partnerships with content companies across music, video and books, and giving some of that content away as part of the $80 Prime membership, which also includes free two-day shipping.</p>
<p>All of those are bets that Amazon is hoping will reap profits over the long term, as customers continue to consume after they purchase an e-reader or tablet or sign up for Prime.</p>
<p>So far, it&#8217;s too early to see how the investment is faring, especially when it comes to new categories.</p>
<p>&#8220;It&#8217;s very, very early,&#8221; Szkutak said, &#8220;but so far, we like what we see, so that&#8217;s why we are continuing down the path of adding more content and making Prime better. &#8230; Because we are investing a lot, we are making sure we understand it very well.&#8221;</p>
<p>A lot of details, like Kindle sales numbers, are still being kept under wraps, but he promised Amazon will someday share more about how it is doing.</p>
<p>Unfortunately, the market isn&#8217;t as patient. In after-hours trading, the stock was down almost 10 percent at one point. During the session, it ended up down, 8.7 percent, or nearly $17 , to close at $177.50 a share.</p>
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		<title>An Online Marketplace for Everyday Household Items Snags $3.6 Million</title>
		<link>http://allthingsd.com/20120131/an-online-marketplace-for-everyday-household-items-snags-3-6-million/</link>
		<comments>http://allthingsd.com/20120131/an-online-marketplace-for-everyday-household-items-snags-3-6-million/#comments</comments>
		<pubDate>Tue, 31 Jan 2012 17:00:17 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Alice.com]]></category>
		<category><![CDATA[Alice.es]]></category>
		<category><![CDATA[Amazon]]></category>
		<category><![CDATA[consumers]]></category>
		<category><![CDATA[coupons]]></category>
		<category><![CDATA[diapers]]></category>
		<category><![CDATA[Diapers.com]]></category>
		<category><![CDATA[dog food]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[household goods]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[shopping]]></category>
		<category><![CDATA[toothpaste]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=169032</guid>
		<description><![CDATA[Alice.com, an online marketplace for household goods ranging from diapers to dog food to toothpaste, has raised $3.6 million in funding. A bit like Amazon-owned Diapers.com, the Middleton, Wis.-based company allows big brands to use the platform to connect with consumers and offer coupons. The round, coming from a group of Spanish investors, closely follows Alice's expansion to Europe through Alice.es. The company has raised $18.2 million to date.]]></description>
			<content:encoded><![CDATA[<p>Alice.com, an online marketplace for household goods ranging from diapers to dog food to toothpaste, has raised $3.6 million in funding. A bit like Amazon-owned Diapers.com, the Middleton, Wis.-based company allows big brands to use the platform to connect with consumers and offer coupons. The round, coming from a group of Spanish investors, closely follows Alice&#8217;s expansion to Europe through Alice.es. The company has raised $18.2 million to date.</p>
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		<title>Visa Places Bet on New Approach to Payments With Rare Investment in TrialPay</title>
		<link>http://allthingsd.com/20120131/visa-places-bet-on-new-approach-to-payments-with-rare-investment-in-trialpay/</link>
		<comments>http://allthingsd.com/20120131/visa-places-bet-on-new-approach-to-payments-with-rare-investment-in-trialpay/#comments</comments>
		<pubDate>Tue, 31 Jan 2012 15:00:11 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Alex Rampell]]></category>
		<category><![CDATA[CyberSource]]></category>
		<category><![CDATA[DAG Ventures]]></category>
		<category><![CDATA[DFJ Growth]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[Fandango]]></category>
		<category><![CDATA[Fundamo]]></category>
		<category><![CDATA[Greylock Partners]]></category>
		<category><![CDATA[local]]></category>
		<category><![CDATA[McDonald's]]></category>
		<category><![CDATA[merchants]]></category>
		<category><![CDATA[Netflix]]></category>
		<category><![CDATA[offline retailer]]></category>
		<category><![CDATA[online]]></category>
		<category><![CDATA[online retailer]]></category>
		<category><![CDATA[PlaySpan]]></category>
		<category><![CDATA[QuestMark Partners]]></category>
		<category><![CDATA[Reid Hoffman]]></category>
		<category><![CDATA[Square]]></category>
		<category><![CDATA[Starbucks]]></category>
		<category><![CDATA[T. Rowe Price]]></category>
		<category><![CDATA[TrialPay]]></category>
		<category><![CDATA[Valentine's Day]]></category>
		<category><![CDATA[VC]]></category>
		<category><![CDATA[virtual goods]]></category>
		<category><![CDATA[visa]]></category>
		<category><![CDATA[Zynga]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=169026</guid>
		<description><![CDATA[Visa, Greylock's Reid Hoffman and others are pouring $40 million into TrialPay, which helps companies like Facebook, Gap and Fandango increase sales through the use of incentives.]]></description>
			<content:encoded><![CDATA[<p>Visa, Greylock&#8217;s Reid Hoffman and others are pouring $40 million into TrialPay, which helps companies like Facebook, Gap and Fandango increase sales through the use of incentives.</p>
<p><img class="alignright size-medium wp-image-169074" title="trialpay_alexrampell" src="http://allthingsd.com/files/2012/01/trialpay_alexrampell-380x283.png" alt="" width="380" height="283" />The Mountain View, Calif.-based company tries to boost online companies&#8217; revenue by placing targeted promotions and offering incentives at the point of checkout.</p>
<p>It&#8217;s a bit similar to how grocery stores try to boost sales by strategically placing tabloid magazines, gum and candy bars at the register to spur last-minute impulse buys.</p>
<p>Instead, TrialPay makes last-minute offers to give people incentive to make a purchase when they are on the fence.</p>
<p>As an example, TrialPay&#8217;s CEO Alex Rampell said that when people visit Fandango&#8217;s site, they may get an offer for a free movie ticket if they sign up for Netflix. Or, in a Zynga game, you might be offered a virtual bouquet for free, in return for purchasing real flowers on Valentine&#8217;s Day.</p>
<p>Visa&#8217;s participation in the investment, which is being announced later this morning, is rare. Over the years, the payments company has made a few acquisitions, including PlaySpan, CyberSource and Fundamo, but Visa&#8217;s only investment in recent memory <a href="http://allthingsd.com/20110427/visa-invests-in-mobile-payment-company-square/">was in payments darling Square</a>, which allows anyone to accept payments using a cellphone.</p>
<p>Rampell said that with Visa&#8217;s help, TrialPay will be able to expand to offline merchants from working exclusively with online retailers, by giving it a way to track if a person visited a store and made a purchase.</p>
<p>&#8220;The question is, how do we send traffic to Starbucks or McDonald&#8217;s or any other offline merchant?&#8221; Rampell said. &#8220;We already have access to people online who are buying or thinking about buying something. It would be great if we could could give you 20 virtual coins if you shopped at McDonald&#8217;s. But how do we close that redemption loop?&#8221;</p>
<p>Today, TrialPay, which has 130 employees, reaches more than 70 million monthly active users worldwide. In 2011, Rampell said, revenues more than doubled; he declined to offer specifics.</p>
<p>Rampell also declined to provide details about potential partnerships with Visa. Visa also declined to comment.</p>
<p>Investors in the company&#8217;s fourth round included new investors Greylock Partners, Visa Inc., T. Rowe Price, DAG Ventures, DFJ Growth and QuestMark Partners. Existing investors also participated. To date, it has raised roughly $70 million.</p>
<p>For more of Rampell&#8217;s opinions on how the payments space will evolve, check out his Web 2.0 speech from October:</p>
<p><object width="560" height="315" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/Vsgvo68inZ8?version=3&amp;hl=en_US" /><param name="allowfullscreen" value="true" /><embed width="560" height="315" type="application/x-shockwave-flash" src="http://www.youtube.com/v/Vsgvo68inZ8?version=3&amp;hl=en_US" allowFullScreen="true" allowscriptaccess="always" allowfullscreen="true" /></object></p>
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		<title>Japan's Rakuten Set to Challenge Amazon With Help From Kobo</title>
		<link>http://allthingsd.com/20120127/japans-rakuten-set-to-challenge-amazon-with-help-from-kobo/</link>
		<comments>http://allthingsd.com/20120127/japans-rakuten-set-to-challenge-amazon-with-help-from-kobo/#comments</comments>
		<pubDate>Fri, 27 Jan 2012 19:40:13 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Amazon]]></category>
		<category><![CDATA[Barnes & Noble]]></category>
		<category><![CDATA[digital content]]></category>
		<category><![CDATA[e-books]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[e-readers]]></category>
		<category><![CDATA[eBay]]></category>
		<category><![CDATA[international]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[Kindle]]></category>
		<category><![CDATA[Kobo]]></category>
		<category><![CDATA[market capitalization]]></category>
		<category><![CDATA[merchants]]></category>
		<category><![CDATA[Michael Serbinis]]></category>
		<category><![CDATA[mp3s]]></category>
		<category><![CDATA[music]]></category>
		<category><![CDATA[Neel Grover]]></category>
		<category><![CDATA[Rakuten]]></category>
		<category><![CDATA[ranking]]></category>
		<category><![CDATA[retailers]]></category>
		<category><![CDATA[strategy]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=167008</guid>
		<description><![CDATA[Who is Amazon's biggest competitor? It may be a Japanese-based company you've never heard of.]]></description>
			<content:encoded><![CDATA[<p>Who is Amazon&#8217;s biggest competitor? It may be a Japanese company you&#8217;ve never heard of.</p>
<p><img class="alignright size-medium wp-image-168327" title="buy_neel" src="http://allthingsd.com/files/2012/01/buy_neel-209x285.png" alt="" width="209" height="285" />Rakuten is set on challenging Amazon&#8217;s global dominance by appealing to the third-party merchants Amazon works with today and by growing it&#8217;s digital content business to compete with the Kindle.</p>
<p>We recently learned about the company&#8217;s strategy through the eyes of Neel Grover, the CEO of Buy.com, Rakuten&#8217;s online shopping subsidiary in the U.S.</p>
<p>For now, Rakuten is admittedly Amazon&#8217;s much smaller competitor, though it is dominant in Japan.</p>
<p>The publicly held company is worth $14.5 billion compared to Amazon&#8217;s $85 billion market capitalization, and it pales in comparison to Amazon&#8217;s mass in the U.S. Buy.com is ranked 410th here versus Amazon&#8217;s sixth-place standing, according to Compete.</p>
<p>But Grover said Rakuten has a two-part plan for going up against Amazon.</p>
<p>First, it will target and partner with third-party resellers and merchants.</p>
<p>Amazon does this, too, but often ends up competing with the merchants because it has its own warehouses and products that it is selling, he said.</p>
<p>&#8220;Oftentimes Amazon will compete with the retailer. [Third-party merchants] teach Amazon what to buy and sell, which is ultimately not good for the merchant,&#8221; he said.</p>
<p>Rakuten, on the other hand, does not own any warehouses or any inventory itself and instead gives retailers &#8212; brick and mortar or e-commerce &#8212; the tools and traffic to support their own businesses.</p>
<p>In May 2010, Rakuten acquired Buy.com.</p>
<p><img class="alignleft size-medium wp-image-167026" title="rakuten2" src="http://allthingsd.com/files/2012/01/rakuten2-380x253.png" alt="" width="380" height="253" />&#8220;I sought out Rakuten. &#8230; I thought their model was one that would give us a unique differentiator in the U.S. and we could learn and bring their model to our site and customers,&#8221; Grover said. &#8220;We are still in the final stages of transforming, and it&#8217;s taken a bit of time to get it transformed.&#8221;</p>
<p>But, he confidently added, &#8220;It will win out in the long-term.&#8221;</p>
<p>A similar approach is being taken by eBay, another e-commerce giant in the U.S.</p>
<p>The second part of Rakuten&#8217;s plan is to go after Amazon&#8217;s growing digital business, spanning music, e-books and other content.</p>
<p>In November, the Japanese company purchased Kobo, a runner-up in the e-reader race behind the Kindle and Barnes &amp; Noble’s Nook. It paid $315 million in cash for the Canadian company.</p>
<p>Rakuten is banking on the Kobo in assisting with its move into providing downloadable media to consumers, starting with e-books.</p>
<p>At the time of the acquisition, <a href="http://allthingsd.com/20111108/kobo-e-reader-acquired-for-315-million-by-rakuten/">Kobo CEO Michael Serbinis told <strong>All Things D</strong></a> that Rakuten will give Kobo the financial backing to grow internationally, as well as compete in the U.S.</p>
<p>“The U.S. is absolutely important. It’s fundamental. We have millions of U.S. users today, and we plan to grow that substantially, and internationally it represents a big opportunity as well,” he said.</p>
<p>Earlier this month, Buy.com started linking to Kobo from its site, so that consumers have the option of buying a physical copy of a book or a digital version. Other integration efforts are also under way.</p>
<p>It also wants to get into other digital content, like music. Back in 1999, Buy.com was one of the original sites to have a digital music store, but Grover said it was a pretty poor experience because of all the restrictions that record labels were mandating. A lot of that has now changed.</p>
<p>&#8220;We are definitely looking as a group at all digital content. &#8230; We are looking at different solutions, but today we have not continued on with our initial music store,&#8221; he said.</p>
<p>As with Kobo and Buy.com, acquisitions are always an option, he said.</p>
<p>&#8220;We&#8217;ll continue to look at everything that would make our business better. It hasn&#8217;t been shy over the past two years. We have a global vision to create an e-commerce marketplace offering all goods, and we continue to see that grow.&#8221;</p>
<p>And going up against Amazon, some serious growth is what Rakuten and Buy.com will need.</p>
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		<title>Google's Head of Consumer Payments, Vikas Gupta, Resigns</title>
		<link>http://allthingsd.com/20120126/googles-head-of-consumer-payments-vikas-gupta-resigns/</link>
		<comments>http://allthingsd.com/20120126/googles-head-of-consumer-payments-vikas-gupta-resigns/#comments</comments>
		<pubDate>Fri, 27 Jan 2012 01:35:15 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Amazon]]></category>
		<category><![CDATA[Android Market]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Google Checkout]]></category>
		<category><![CDATA[Google Offers]]></category>
		<category><![CDATA[Google Wallet]]></category>
		<category><![CDATA[Google+ Games]]></category>
		<category><![CDATA[Isis]]></category>
		<category><![CDATA[Jambool]]></category>
		<category><![CDATA[M&A]]></category>
		<category><![CDATA[merchants]]></category>
		<category><![CDATA[mobile payments]]></category>
		<category><![CDATA[mobile wallet]]></category>
		<category><![CDATA[near-field communications]]></category>
		<category><![CDATA[NFC]]></category>
		<category><![CDATA[Osama Bedier]]></category>
		<category><![CDATA[restructuring]]></category>
		<category><![CDATA[retailers]]></category>
		<category><![CDATA[Social Gold]]></category>
		<category><![CDATA[Stephanie Tilenius]]></category>
		<category><![CDATA[Verizon Wireless]]></category>
		<category><![CDATA[Vikas Gupta]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=167966</guid>
		<description><![CDATA[Vikas Gupta joined Google 18 months ago after it acquired Jambool, the virtual goods payment platform where he was a founder and CEO.]]></description>
			<content:encoded><![CDATA[<p>Google&#8217;s head of consumer payments Vikas Gupta has resigned, <strong>AllThingsD</strong> has confirmed.</p>
<p><img class="alignright size-medium wp-image-167981" title="Vikas Gupta" src="http://allthingsd.com/files/2012/01/Vikas-Gupta-285x285.png" alt="" width="285" height="285" />Gupta joined the company 18 months ago after Google acquired Jambool, a virtual goods payment platform where he was a founder and CEO. More recently, he&#8217;d been one of the leaders on the payments team, overseeing Google Wallet and reporting to Osama Bedier, Google’s VP of Payments.</p>
<p>&#8220;I can confirm that Vikas has left Google and we wish him all the best in his future endeavors,&#8221; a spokesman said.</p>
<p>Jambool&#8217;s product, Social Gold, was rolled into Google&#8217;s payment products and is being used for in-app purchases on both Android Market and Google+ Games.</p>
<p><a href="http://www.linkedin.com/profile/view?id=2277038&amp;locale=en_US&amp;trk=tyah2">According to Gupta&#8217;s LinkedIn page</a>, he joined Google in August 2010 and held the title of head of consumer payments. Jambool reportedly was purchased for $55 million before any additional earn-outs. Prior to founding Jambool, Gupta worked at Amazon.</p>
<p>Gupta&#8217;s departure is the second management move made in the Google Wallet ranks over the past week.</p>
<p><img class="alignleft size-medium wp-image-122745" title="Google Wallet" src="http://allthingsd.com/files/2011/09/PJ-BC825_DSOLUT_DV_20110920195016-189x285.png" alt="" width="189" height="285" />A spokesperson declined to say if the division was undergoing a wider restructuring, but last week, I reported that Google&#8217;s VP of Commerce Stephanie Tilenius <a href="http://allthingsd.com/20120118/googles-vp-of-commerce-stephanie-tilenius-moves-into-global-role/">was moving into a more global position</a>. And, as part of that, Bedier will be taking on a larger role within Google Wallet, though his title will not be changing.</p>
<p>The Wallet is Google&#8217;s mobile payments strategy that allows users to tap their phone at the register to pay using near field communication technology. The company has already successfully formed alliances with both banks and retailers, and is leveraging its vast install base of Android users.</p>
<p>Today, it is live with some merchants, although it does face some challenges.</p>
<p>Currently, it only works on one phone from Sprint, and both consumers and merchants will most likely have to upgrade their hardware for it to work. Additionally, some carriers, such as Verizon Wireless, have decided to disable Google Wallet on phones they are shipping. Other carriers, which are part of a mobile wallet joint venture called ISIS, are expected to follow suit, effectively limiting access for many U.S. consumers.</p>
<p>More than six months after hosting a flashy launch event, the business may be getting a lot harder than it originally looked.</p>
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		<title>Honest: Jessica Alba's Now an E-Commerce Geek (Video)</title>
		<link>http://allthingsd.com/20120125/honest-jessica-albas-now-an-e-commerce-geek-video/</link>
		<comments>http://allthingsd.com/20120125/honest-jessica-albas-now-an-e-commerce-geek-video/#comments</comments>
		<pubDate>Wed, 25 Jan 2012 18:05:48 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[baby]]></category>
		<category><![CDATA[Bath]]></category>
		<category><![CDATA[Ben Affleck]]></category>
		<category><![CDATA[biodegradable]]></category>
		<category><![CDATA[Blogger]]></category>
		<category><![CDATA[Brian Lee]]></category>
		<category><![CDATA[bundle]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[care]]></category>
		<category><![CDATA[celebrity]]></category>
		<category><![CDATA[Christopher Gavigan]]></category>
		<category><![CDATA[cleaning]]></category>
		<category><![CDATA[customer]]></category>
		<category><![CDATA[diaper]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[eco-friendly]]></category>
		<category><![CDATA[entrepreneur]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[geek]]></category>
		<category><![CDATA[GOOP]]></category>
		<category><![CDATA[green]]></category>
		<category><![CDATA[Gwyneth Paltrow]]></category>
		<category><![CDATA[Healthy Child Healthy World]]></category>
		<category><![CDATA[hipster]]></category>
		<category><![CDATA[Honest Company]]></category>
		<category><![CDATA[interview]]></category>
		<category><![CDATA[Jessica Alba]]></category>
		<category><![CDATA[Justin Timberlake]]></category>
		<category><![CDATA[LegalZoom]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[Matt Damon]]></category>
		<category><![CDATA[model]]></category>
		<category><![CDATA[mommy]]></category>
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		<category><![CDATA[non-toxic]]></category>
		<category><![CDATA[organic]]></category>
		<category><![CDATA[private label]]></category>
		<category><![CDATA[product]]></category>
		<category><![CDATA[recommendation]]></category>
		<category><![CDATA[salt & nectar]]></category>
		<category><![CDATA[Santa Monica]]></category>
		<category><![CDATA[ShoeDazzle]]></category>
		<category><![CDATA[skin]]></category>
		<category><![CDATA[subscription]]></category>
		<category><![CDATA[Twitter]]></category>
		<category><![CDATA[viral]]></category>
		<category><![CDATA[wipes]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=167303</guid>
		<description><![CDATA[Can a Hollywood star sell online consumers on a healthier lifestyle for them and their kids?]]></description>
			<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20120125/honest-jessica-albas-now-an-e-commerce-geek-video/the-honest-company-logo/" rel="attachment wp-att-167305"><img src="http://allthingsd.com/files/2012/01/the-honest-company-logo-285x285.png" alt="" title="the-honest-company-logo" width="285" height="285" class="alignright size-medium wp-image-167305" /></a></p>
<p>From the Web 1.0 Matt Damon-Ben Affleck debacle to the stunt-casting of Justin Timberlake as a Myspace impresario and everything in between, I have been more than dubious about any online effort by a celebrity. </p>
<p>Not surprisingly, it is usually a lot of special effects but little in the way of substance, from an entrepreneurial point of view.</p>
<p>So it was nice to be actually impressed by actress Jessica Alba&#8217;s fledgling effort to break into online commerce, via a new site called the <a href="http://www.honest.com">Honest Company</a>.</p>
<p>Using an interesting online subscription model and aimed at the modern mom, Honest sells its own private-label, eco-friendly and hipster baby diapers and biodegradable wipes, as well as organic bath/skin care and green cleaning products.</p>
<p>Alba, who is Honest&#8217;s president and one of its co-founders, was inspired to bootstrap the start-up after having kids and being confused as to how to find nontoxic products for them in a marketplace of questionable offerings.</p>
<p>Thus, she and Christopher Gavigan, author of &#8220;Healthy Child Healthy World,&#8221; hooked up with an experienced entrepreneur &#8212; Brian Lee, co-founder of ShoeDazzle and LegalZoom &#8212; to create Honest, which just launched.</p>
<p>Selling its own products using a monthly &#8220;bundle&#8221; model differentiates Honest from comparable sites, such as Gwyneth Paltrow&#8217;s GOOP, which focuses on classy recommendations of a wide variety of similar fare.</p>
<p>Right now, the online-only Honest effort is using Alba&#8217;s high profile and online clout &#8212; many millions of fans and followers on social sites like Facebook and Twitter, for example; and also viral marketing, via mommy bloggers &#8212; to get noticed.</p>
<p>But the proof will be if Honest can keep its customers coming back every month for more, as it expands its line. (So far, the reviews of the products have been raves, such as <a href="http://saltandnectar.squarespace.com/theblog/2012/1/24/the-goods-an-honest-review-of-the-honest-company-products.html">this one from salt &#038; nectar</a>.) </p>
<p>Here&#8217;s Alba talking about Honest with Lee, in a video interview at the company&#8217;s Santa Monica, Calif., HQ:</p>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=BE0ECDC9-7711-47AA-B885-03DCE0873054&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={BE0ECDC9-7711-47AA-B885-03DCE0873054}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object> </p>
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		<title>Meet Mulu, a Pinterest-Like Site for E-Commerce -- With a Cause</title>
		<link>http://allthingsd.com/20120124/meet-mulu-a-pinterest-like-site-for-e-commerce-with-a-cause/</link>
		<comments>http://allthingsd.com/20120124/meet-mulu-a-pinterest-like-site-for-e-commerce-with-a-cause/#comments</comments>
		<pubDate>Tue, 24 Jan 2012 13:59:20 +0000</pubDate>
		<dc:creator>Lauren Goode</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[Amaryllis Fox]]></category>
		<category><![CDATA[Amazon]]></category>
		<category><![CDATA[BestBuy]]></category>
		<category><![CDATA[buying]]></category>
		<category><![CDATA[cause]]></category>
		<category><![CDATA[charity]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[Ivanka Trump]]></category>
		<category><![CDATA[Jonathan Franzen]]></category>
		<category><![CDATA[Mulu]]></category>
		<category><![CDATA[Mulu.me]]></category>
		<category><![CDATA[OpenSky]]></category>
		<category><![CDATA[Pete Wentz]]></category>
		<category><![CDATA[recommendation]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=166830</guid>
		<description><![CDATA[Mulu.me blends e-commerce with boldfaced names to push products -- but also ties buying to charitable giving.]]></description>
			<content:encoded><![CDATA[<p>What do businesswoman Ivanka Trump, author Jonathan Franzen and former Fall Out Boy bassist Pete Wentz all have in common?</p>
<p>Not a whole lot, except they’re all featured users on Mulu.me, a Pinterest-like e-commerce site that helps users generate money for their favorite causes. <a href="http://allthingsd.com/files/2012/01/Mulu2.png"><img src="http://allthingsd.com/files/2012/01/Mulu2-380x221.png" alt="" title="Mulu2" width="380" height="221" class="alignright size-medium wp-image-166835" /></a></p>
<p>The site opens to the public today, after having been in beta mode since early December.</p>
<p>Mulu.me, which was created by San Francisco-based entrepreneur Amaryllis Fox, is an online retail space through which “regular” people, retailers and more recognizable names can recommend Web pages &#8212; whether a YouTube video, a link to an item of clothing, even a pair of airline tickets &#8212; all for the purpose of driving purchases. On their profiles, users can identify charities for which they&#8217;re raising money.</p>
<p>Here&#8217;s how it works: Mulu generates revenue from affiliate program fees, then splits it with the “curator,” and the curator decides what percentage of that goes to his or her charity of choice.</p>
<p>So if a Mulu user were to drive a buyer to a product available on Amazon.com, Mulu would get a cut of that purchase &#8212; 4 percent to 8 percent &#8212; of which the person who originally posted the product would get a revenue share of 2 percent to 4 percent.</p>
<p>Ultimately, this can leave little left over for charity &#8212; and there’s no mandate saying users have to give to one &#8212; but for some, tying buying to a cause is a motivating factor.</p>
<p>One thing that sets Mulu apart from other curation sites, or even a site like Pinterest, is its question-and-answer element. Users can post a question to the boards, just as they would an image, Web site link or video, and receive answers from other Mulu members.</p>
<p>Around New Year’s Eve, for example, I asked for recommendations about affordable but good champagnes, and received two answers (from people I didn’t know) from the Mulu community. The answers were helpful; what wasn’t as helpful was that the subsequent email notifications simply said I had received an answer, but didn’t include any other content. This is great for Mulu, as it drives people back to the site to see what the answers are, but it can be irksome for users. The company says it is considering changing the notification system.</p>
<p>Aside from a few other features that set Mulu apart &#8212; its curator “guru points,” for instance &#8212; the site works a bit like <a href="http://allthingsd.com/20111024/opensky-raises-30-million-for-twitter-inspired-shopping-site/">OpenSky</a>, an e-commerce site that features celebrities as curators and splits the gross profits with them. OpenSky, which launched in 2009, started out as an e-commerce platform for bloggers, but gained little traction; the company later changed its direction and became a straight shopping site, with “influencers” pushing the products (OpenSky holds inventory; Mulu does not). It’s a newish twist on e-commerce that challenges the traditional recommendation systems.</p>
<p>“It’s not like an Amazon.com or Best Buy recommendation for a digital camera &#8212; it’s a professional photographer’s recommendation for a camera,” Fox said. “We’re moving toward a grassroots curation of product discovery online.”</p>
<p>Mulu.me is fun to browse and slightly addictive, regardless of whether the stream is filled with famous people, friends or people you might not even know. </p>
<p>The company is planning a more formal launch around the SXSW Interactive festival in March, which will also include the introduction of a Mulu iPhone app. </p>
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		<title>Home Decor Flash Sales Site LuxeYard Raises $3.5 Million in Capital</title>
		<link>http://allthingsd.com/20120123/home-decor-flash-sales-site-luxeyard-raises-3-5-million-in-capital/</link>
		<comments>http://allthingsd.com/20120123/home-decor-flash-sales-site-luxeyard-raises-3-5-million-in-capital/#comments</comments>
		<pubDate>Tue, 24 Jan 2012 05:01:51 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[Fab.com]]></category>
		<category><![CDATA[flash sales]]></category>
		<category><![CDATA[Gilt Groupe]]></category>
		<category><![CDATA[group buying]]></category>
		<category><![CDATA[home decor]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[LuxeYard]]></category>
		<category><![CDATA[One Kings Lane]]></category>
		<category><![CDATA[Rue La La]]></category>
		<category><![CDATA[social networks]]></category>
		<category><![CDATA[VC]]></category>
		<category><![CDATA[venture capital]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=166711</guid>
		<description><![CDATA[LuxeYard, a home decor flash sales and group-buying site, has secured $3.5 million in new capital from undisclosed investors. The Los Angeles company is also unveiling a redesigned site that allows members to participate in two new ways: First, members can post photos of items that they would like to purchase at a discount; and second, they can drive prices down by encouraging others to buy the product on social networks. The more people who buy it, the less expensive it becomes. LuxeYard will be competing against Gilt Groupe, Rue La La, One Kings Lane, Fab.com and other similar sites.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.luxeyard.com/">LuxeYard</a>, a home decor flash sales and group-buying site, has secured $3.5 million in new capital from undisclosed investors. The Los Angeles company is also unveiling a redesigned site that allows members to participate in two new ways: First, members can post photos of items that they would like to purchase at a discount; and second, they can drive prices down by encouraging others to buy the product on social networks. The more people who buy it, the less expensive it becomes. LuxeYard will be competing against Gilt Groupe, Rue La La, One Kings Lane, Fab.com and other similar sites.</p>
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		<title>Gilt Groupe Cuts Include 10 Percent of Employees and Two Executives</title>
		<link>http://allthingsd.com/20120123/gilt-groupe-cuts-include-10-percent-of-employees-and-two-executives/</link>
		<comments>http://allthingsd.com/20120123/gilt-groupe-cuts-include-10-percent-of-employees-and-two-executives/#comments</comments>
		<pubDate>Mon, 23 Jan 2012 18:04:25 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[BloomSpot]]></category>
		<category><![CDATA[BuyWithMe]]></category>
		<category><![CDATA[daily deals]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[flash sales]]></category>
		<category><![CDATA[Gilt City]]></category>
		<category><![CDATA[Gilt Groupe]]></category>
		<category><![CDATA[Gilt Taste]]></category>
		<category><![CDATA[Groupon]]></category>
		<category><![CDATA[IPO]]></category>
		<category><![CDATA[John Auerbach]]></category>
		<category><![CDATA[Kevin Ryan]]></category>
		<category><![CDATA[layoffs]]></category>
		<category><![CDATA[LivingSocial]]></category>
		<category><![CDATA[Nathan Richardson]]></category>
		<category><![CDATA[Park & Bond]]></category>
		<category><![CDATA[restructuring]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=166411</guid>
		<description><![CDATA[The luxury e-commerce and flash sales site has trimmed roughly 10 percent -- as many as 90 -- of its employees, including some of its management team.]]></description>
			<content:encoded><![CDATA[<p>Gilt Groupe, a luxury e-commerce and flash sales site, has trimmed roughly 10 percent &#8212; as many as 90 &#8212; of its employees, including some of its management team.</p>
<p><img class="alignright size-medium wp-image-162813" title="giltgroupe" src="http://allthingsd.com/files/2012/01/giltgroupe-352x285.png" alt="" width="352" height="285" />Earlier this month, <a href="http://allthingsd.com/20120111/gilt-groupe-ceo-restructuring-rumors-overblown-ipo-still-on-track/">Gilt Groupe CEO Kevin Ryan downplayed rumors</a> that the New York-based company was undergoing a massive restructuring.</p>
<p>He said that nearly all of Gilt Groupe&#8217;s 900 employees and business units would remain intact, despite <a href="http://www.betabeat.com/2012/01/11/layoffs-gilt-groupe-restructuring-gilt-taste-gilt-city-jetsetter-park-and-bond-01112012/">reports that painted</a> a fairly grim picture of the situation.</p>
<p>Today, Ryan confirmed that the final tally ended up being from 80 to 90 people, and that John Auerbach, who headed Park &amp; Bond, its men&#8217;s full-priced apparel site, and Nathan Richardson, who ran Gilt City, would both be leaving, after a transition period.</p>
<p>All of the cuts are designed to get the company to cash flow positive by the second quarter, and profitable by the fourth quarter, Ryan said.</p>
<p>Additionally, Ryan said that Richardson and Auerbach, who was Gilt&#8217;s fifth employee, are leaving because both are better suited for running start-ups.</p>
<p>&#8220;I will be their No. 1 reference,&#8221; he said.</p>
<p>An internal memo announcing the departures is expected to be sent around later this afternoon.</p>
<p>On Friday, the cuts focused on Gilt City, the company&#8217;s daily deals site that, despite its high-end focus, was competing head to head with others, such as Groupon, LivingSocial and the many other clones in the market.</p>
<p>Ryan said there will be a lot of consolidation in the daily deals space going forward, but that in certain markets it remains a good business for the company, including New York, which is its most profitable division.</p>
<p>&#8220;I think you&#8217;ll end up with a smaller group of companies. There will be a couple of high-end players, like ourselves and Bloomspot, and then there will be a couple of verticals, like restaurants or kids, and that&#8217;s it,&#8221; he said.</p>
<p>As part of Friday&#8217;s cuts, the company confirmed that it will no longer have offices in Seattle, Dallas and Atlanta. Additional offices it gained through the acquisition of BuyWithMe, including San Diego, Houston and Philadelphia, will also close.</p>
<p>Customers in those markets will receive national deals, but only local deals that are sourced through a centralized sales team. Going forward, Gilt will have offices in New York, San Francisco, Los Angeles, Boston, Chicago, Miami and Washington, D.C.</p>
<p>Earlier this month, Ryan had said he had only expected to lay off about 50 staffers, much less than the rumored 170.</p>
<p>On Friday, <a href="http://nymag.com/daily/fashion/2012/01/reports-gilt-laid-off-more-than-a-hundred-today.html#comments">New York Magazine reported</a> that more than 100 people were laid off, naming both Richardson and Auerbach as departing executives. It also reported that staffers, who once received a fridge full of snacks, would no longer have a daily supply of fruit, yogurt, cheese and Pellegrino water.</p>
<p>Over the past year, the company expanded quickly beyond its roots as a flash sales site, adding Park &amp; Bond, Gilt City and Gilt Taste, a high-end grocery site. It continues to be in about seven businesses.</p>
<p>Some of the areas that were also restructured were the newer sites, like Gilt Taste and Park &amp; Bond, which Ryan said took more resources to get up and running than it took to run on a day-to-day basis.</p>
<p>Gilt, which raised $138 million in capital last May, is on track for an IPO, perhaps as early as the fourth quarter, but more likely in 2013, Ryan added.</p>
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		<title>Online Commerce Trend: More Spending, Smaller Purchases</title>
		<link>http://allthingsd.com/20120120/online-commerce-trend-more-spending-smaller-purchases/</link>
		<comments>http://allthingsd.com/20120120/online-commerce-trend-more-spending-smaller-purchases/#comments</comments>
		<pubDate>Fri, 20 Jan 2012 20:22:03 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Amazon]]></category>
		<category><![CDATA[apps]]></category>
		<category><![CDATA[Chase Paymentech]]></category>
		<category><![CDATA[Checkout]]></category>
		<category><![CDATA[Christmas]]></category>
		<category><![CDATA[digital content]]></category>
		<category><![CDATA[digital goods]]></category>
		<category><![CDATA[e-books]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[eBay]]></category>
		<category><![CDATA[games]]></category>
		<category><![CDATA[holiday spending]]></category>
		<category><![CDATA[John Donahoe]]></category>
		<category><![CDATA[Kindle]]></category>
		<category><![CDATA[magazines]]></category>
		<category><![CDATA[merchants]]></category>
		<category><![CDATA[mobile payments]]></category>
		<category><![CDATA[mp3s]]></category>
		<category><![CDATA[music]]></category>
		<category><![CDATA[PayPal]]></category>
		<category><![CDATA[retailers]]></category>
		<category><![CDATA[shopping]]></category>
		<category><![CDATA[transactions]]></category>
		<category><![CDATA[TV]]></category>
		<category><![CDATA[Zong]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=165905</guid>
		<description><![CDATA[The average checkout size is shrinking, even though more people spent more money online. Why? Here are three reasons.]]></description>
			<content:encoded><![CDATA[<p>The average checkout size is shrinking, even though more people spent more money online this holiday season.</p>
<p><img class="alignright size-medium wp-image-150281" title="amazonboxes_thisisbossi" src="http://allthingsd.com/files/2011/12/amazonboxes_thisisbossi-380x285.png" alt="" width="380" height="285" />In November and December, the number of online transactions increased by 37 percent, and overall sales jumped by 25 percent. But the average ticket size declined by 9 percent, according to Chase Paymentech, which analyzes information across the top 50 e-commerce retailers.</p>
<p>As it turns out, more consumers are turning to e-commerce for more of their everyday spending, rather than reserving online purchases for big-ticket items.</p>
<p>Here are Chase&#8217;s three reasons for the decline:</p>
<ul>
<li>More consumers are purchasing digital media, which has a lower price point than most physical goods &#8212; MP3s cost less than CDs, e-books cost less than paperbacks, and apps cost less than game cartridges.</li>
<li>Prices for popular electronics, such as tablets, e-readers and TVs, are falling.</li>
<li>More retailers are offering free shipping, which eliminates the incentive to fill carts to reach a free-shipping threshold.</li>
</ul>
<p><img class="aligncenter size-full wp-image-165906" title="chasepaymentech_average ticket" src="http://allthingsd.com/files/2012/01/chasepaymentech_average-ticket.png" alt="" width="553" height="268" /></p>
<p>EBay, which is the first major e-commerce provider to report Q4 results, confirmed it was also seeing the trend. The company&#8217;s payments division, PayPal, reported smaller transactions during the fourth quarter across the merchants it serves.</p>
<p>John Donahoe, eBay&#8217;s CEO, explained in an interview that the biggest driver of that trend was eBay&#8217;s acquisition of Zong, a mobile payments provider that powers the sale of digital goods. In addition, Donahoe said retailers, including eBay, heavily discounted products in order to drive more purchases this holiday.</p>
<p>Amazon, which is the leading e-commerce provider, also said that it is selling a lot of low-priced digital goods, ranging from e-books to MP3s.</p>
<p>Historically, the company has said that Christmas is the largest day of digital sales on Amazon.com, followed by Dec. 26. In 2010, from Christmas Eve through Dec. 30, Amazon customers purchased three times more digital content &#8212; including Kindle books, magazines, movies, TV shows, music and digital games &#8212; compared to the weekly average for the year.</p>
<p>Despite transactions declining overall, Chase identified two exceptions: Apparel and footwear rose 6 percent; toys rose 10 percent year over year.</p>
<p>(Amazon photo courtesy of <a href="http://www.flickr.com/photos/thisisbossi/">thisisbossi</a>)</p>
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		<title>eBay's John Donahoe Literally Starts Hammering Out the Plan for Mobile Payments</title>
		<link>http://allthingsd.com/20120119/ebays-john-donahoe-literally-starts-hammering-out-the-plan-for-mobile-payments/</link>
		<comments>http://allthingsd.com/20120119/ebays-john-donahoe-literally-starts-hammering-out-the-plan-for-mobile-payments/#comments</comments>
		<pubDate>Thu, 19 Jan 2012 14:00:33 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[acquisitions]]></category>
		<category><![CDATA[Atlanta]]></category>
		<category><![CDATA[Bay Area]]></category>
		<category><![CDATA[credit cards]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[eBay]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[hammer]]></category>
		<category><![CDATA[Home Depot]]></category>
		<category><![CDATA[John Donahoe]]></category>
		<category><![CDATA[loyalty cards]]></category>
		<category><![CDATA[M&A]]></category>
		<category><![CDATA[MasterCard]]></category>
		<category><![CDATA[mobile payments]]></category>
		<category><![CDATA[mobile wallet]]></category>
		<category><![CDATA[Omaha]]></category>
		<category><![CDATA[payments]]></category>
		<category><![CDATA[PayPal]]></category>
		<category><![CDATA[retail]]></category>
		<category><![CDATA[revenues]]></category>
		<category><![CDATA[tape measure]]></category>
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		<category><![CDATA[wireless carriers]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=165133</guid>
		<description><![CDATA[In an interview, eBay's CEO provides a few details about the company's mobile payments trial with Home Depot, and how it would expand from five to 51 stores across the country over the next week.]]></description>
			<content:encoded><![CDATA[<p>John Donahoe has a hammer, and he&#8217;s not afraid to use it.</p>
<p><img class="alignright size-medium wp-image-165142" title="ebay_hammer" src="http://allthingsd.com/files/2012/01/ebay_hammer-213x285.png" alt="" width="213" height="285" />The yellow-handled hammer, which the eBay CEO purchased at Home Depot using PayPal, signals that the company&#8217;s plans for entering the mobile payments business has entered the construction phase.</p>
<p>In an interview yesterday, Donahoe provided a few details about the company&#8217;s Home Depot trial and how it would expand from five to 51 stores across the country over the next week.</p>
<p>He also talked about his own experience of buying the tool earlier that morning. (Seen at right: Donahoe wielding his hammer.)</p>
<p>The company also announced fourth-quarter results yesterday, solidly beating both <a href="http://allthingsd.com/20120118/ebay-reports-better-than-expected-revenues-for-holiday-quarter/">the company&#8217;s internal guidance and analyst expectations</a>.</p>
<p><img class="alignleft size-medium wp-image-160315" title="887638139_2v9nZ-L" src="http://allthingsd.com/files/2012/01/887638139_2v9nZ-L-380x253.png" alt="" width="380" height="253" /></p>
<p>One of eBay&#8217;s big initiatives over the past year has been to find ways to work more closely with physical retailers by providing them with the technology they need to operate more efficiently online and offline. Over the past year, that has included buying 13 companies, for a total investment of $3.4 billion.</p>
<p>&#8220;We are right at the intersection of something that&#8217;s really cool,&#8221; Donahoe said. &#8220;This isn&#8217;t something that everyone sees, like social networking three years into it, when only the early people knew about it.&#8221;</p>
<p>What everyone is not seeing, he explains, is how retail and payments are two massive industries that are &#8220;at an inflection point where they will go through dramatic change.&#8221;</p>
<p>One major opportunity is payments being made at the cash register, and arguably many others see it, too, including Google, Visa, MasterCard and the wireless carriers, which are all working on their own solutions.</p>
<p>Interestingly, Donahoe was willing to put a price on it &#8212; and it&#8217;s huge.</p>
<p>If eBay is able to capture just 2 percent of the sales occurring at the point of sale, it will be able to double PayPal&#8217;s $70 billion business today. If they capture 4 percent, they&#8217;ll triple it.</p>
<p>Of course, that will take some time.</p>
<p>This year, eBay is focused on learning and testing out the technology in several trials; then, in 2013, it will begin to scale the business. In 2012, the company is not even factoring in a lift from point of sales in eBay&#8217;s revenue guidance.</p>
<p>The company&#8217;s big test will start later this week, when it expands its trial with Home Depot from five stores in the Bay Area to 51 stores in the Bay Area, Atlanta and Omaha.</p>
<p>Everything continues to be on track, despite the unexpected departure of PayPal President Scott Thompson. <a href="http://allthingsd.com/20120104/ebays-john-donahoe-shocked-by-executives-departure-to-yahoo-internal-memo/">Thompson shocked Donahoe</a> right after the New Year with the announcement that he was leaving to become CEO of Yahoo.</p>
<p>Donahoe declined to give an update on his plans to replace Thompson, saying that he was fine with serving the interim role in the meantime, and relying on the rest of the team PayPal has in place.</p>
<p>So far, Donahoe said, the mobile payments technology works flawlessly, based on his own experiences, but there&#8217;s still some additional scenarios they will have to consider.</p>
<p>Yesterday morning, he drove to a store in San Jose, where he consciously left his wallet and phone in the car.</p>
<p>He walked through the aisles to find a hammer and tape measure, and then went to check out, where the terminal gave him the option of checking out with PayPal. He entered his mobile phone number and PIN, and the transaction was completed, with the receipts sent to his phone and email.</p>
<p>&#8220;It was faster than swiping the card,&#8221; Donahoe said. &#8220;This is an advantage that PayPal has. No one else can do it with a mobile number and PIN. There was no fancy whiz-bang technology.&#8221;</p>
<p>Customers will also be given the option of paying with a PayPal credit card.</p>
<p>But not all the pieces are in place yet.</p>
<p>Coming soon: Users will be able to store their loyalty cards in their PayPal wallet, and will be able to receive personalized offers based on their shopping habits.</p>
<p>Also, it&#8217;s worth noting that while Donahoe checked out easily, there will be a learning curve for others. In advance of going to the store, users will have to associate a phone number and PIN with their account, and enable their account for in-store checkout.</p>
<p>Right now, there&#8217;s no contingency plans for if a person doesn&#8217;t have a PayPal account, or if it&#8217;s not set up. In fact, a very small percentage of the more than 100 million PayPal users have likely done that.</p>
<p>&#8220;That&#8217;s exactly why I say this is the year for trialing and learning,&#8221; Donahoe said, appropriately adjourning the interview with a bang of the hammer.</p>
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		<title>eBay Reports Better Than Expected Revenues for Holiday Quarter</title>
		<link>http://allthingsd.com/20120118/ebay-reports-better-than-expected-revenues-for-holiday-quarter/</link>
		<comments>http://allthingsd.com/20120118/ebay-reports-better-than-expected-revenues-for-holiday-quarter/#comments</comments>
		<pubDate>Wed, 18 Jan 2012 21:55:25 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Amazon]]></category>
		<category><![CDATA[analysts]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[earnings]]></category>
		<category><![CDATA[eBay]]></category>
		<category><![CDATA[holiday]]></category>
		<category><![CDATA[mobile commerce]]></category>
		<category><![CDATA[PayPal]]></category>
		<category><![CDATA[retail]]></category>
		<category><![CDATA[Scott Thompson]]></category>
		<category><![CDATA[shopping]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=164894</guid>
		<description><![CDATA[EBay, the e-commerce and digital payments giant, exceeded analyst expectations in the fourth-quarter with revenues totaling $3.4 billion, or 35 percent higher than the year ago period.]]></description>
			<content:encoded><![CDATA[<p>EBay, the e-commerce and digital payments giant, exceeded expectations in the fourth quarter with revenues totaling $3.4 billion, or 35 percent higher than the year-ago period.</p>
<p><img class="alignright size-medium wp-image-134276" title="Three of eBay's four major business divisions" src="http://allthingsd.com/files/2011/10/ebay-major-groups-380x214.png" alt="" width="380" height="214" />The results beat both the company&#8217;s own revenue forecast of $3.35 billion and analysts&#8217; estimates of $3.32 billion.</p>
<p>In after-hours trading, the company&#8217;s stock was up 66 cents, or 2.2 percent, to trade at $31 a share.</p>
<p>The rebound is perhaps a relief since the company&#8217;s stock had been trading somewhat lower since it announced earlier this month that Scott Thompson, the president of PayPal, <a href="http://allthingsd.com/20120104/ebays-john-donahoe-shocked-by-executives-departure-to-yahoo-internal-memo/">was leaving the company to become the CEO of Yahoo</a>.</p>
<p>The company&#8217;s earnings also exceeded expectations. Its non-GAAP earnings of 60 cents a share, which excludes some non-cash items, beat analysts&#8217; expectations of 57 cents a share. Internally, the company had forecast non-GAAP earnings between 55 and 58 cents a share.</p>
<p>On a GAAP basis, the company reported $2 billion, or $1.51 a share, in the fourth quarter, bolstered by a gain on the sale of the company&#8217;s investment in Skype.</p>
<p>Retailers during the holiday quarter can often report mixed results, depending on consumer demand during the business shopping season. EBay&#8217;s results are perhaps a good signal for the overall market since it is one of the first e-commerce providers to report year-end results.</p>
<p>Amazon, the e-commerce leader, will report Q4 results on Jan. 31.</p>
<p>For the full-year, eBay said revenue increased 27 percent to $11.7 billion and net income totaled $3.2 billion, up 79 percent over the prior year.</p>
<p>PayPal, one of eBay&#8217;s fastest-growing businesses, also reported a strong quarter.</p>
<p>The payments division said revenues in Q4 totaled $1.2 billion, up 28 percent from the year-ago period. A lot of that was driven by new accounts and the adoption of mobile payments.</p>
<p><a href="http://allthingsd.com/20120112/ebay-predicts-mobile-commerce-will-grow-60-percent-in-2012/">As previously announced</a>, the company said its mobile payment volume reached $4 billion in 2011, more than five times the mobile payment volume in the prior year. It also said that it added one million new accounts on average each month of the year.</p>
<p>EBay said its forecast for the first quarter will not be as robust, which typically happens as spending levels go back to normal. It expects revenues of up to $3.15 billion, with non-GAAP earnings per share of up to 51 cents a share.</p>
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		<title>Former CBS Interactive Head Neil Ashe to Lead Wal-Mart's Global Online Commerce  Biz</title>
		<link>http://allthingsd.com/20120116/former-cbs-interactive-head-neil-ashe-to-lead-walmarts-global-online-commerce-biz/</link>
		<comments>http://allthingsd.com/20120116/former-cbs-interactive-head-neil-ashe-to-lead-walmarts-global-online-commerce-biz/#comments</comments>
		<pubDate>Mon, 16 Jan 2012 22:45:11 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[Media]]></category>
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		<category><![CDATA[Kosmix]]></category>
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		<category><![CDATA[Neil Ashe]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=164025</guid>
		<description><![CDATA[Can he give the retail giant the oomph it has yet to find online?]]></description>
			<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20120116/former-cbs-interactive-head-neil-ashe-to-lead-walmarts-global-online-commerce-biz/livingsocial_ashe/" rel="attachment wp-att-164036"><img src="http://allthingsd.com/files/2012/01/livingsocial_ashe.png" alt="" title="livingsocial_ashe" width="150" height="200" class="alignright size-full wp-image-164036" /></a></p>
<p>Neil Ashe, who <a href="http://allthingsd.com/20101208/cnets-neil-ashe-stepping-down/">left his job running CBS Interactive</a> in late 2010, has taken a job helming Wal-Mart Stores&#8217; global online commerce unit.</p>
<p>The retail behemoth said that Ashe will become president and CEO of its Global eCommerce division, replacing the retiring Eduardo Castro-Wright. He will operate out of Wal-Mart&#8217;s Silicon Valley office in San Bruno, Calif., but will likely make a lot of trips to the company&#8217;s HQ in Bentonville, Ark. (Ashe does not have the U.S.-based e-commerce business; Walmart.com is run by Joel Anderson, who reports up through the Wal-Mart U.S. stores business.)</p>
<p>In an interview earlier today, Ashe said that he was &#8220;impressed by the company&#8217;s realization that the consumer is changing &#8230; and the commitment to global e-commerce.&#8221;</p>
<p>Noting that Wal-Mart stores see 200 million customers a week, he said the goal was to make the online experience as compelling as the offline one.</p>
<p>&#8220;There has to be almost an indifference between physical stores and e-commerce,&#8221; said Ashe. &#8220;The whole company committed to winning on the Internet.&#8221;</p>
<p>Since he left CBS, Ashe has been advising a variety of Web start-ups, including LivingSocial. Ashe <a href="http://allthingsd.com/20110404/livingsocial-adds-former-cbs-president-neil-ashe-to-board/">joined the board</a> of the Washington, D.C.-based social buying company last spring.</p>
<p>The job at Wal-Mart is a big one, especially given its up-and-down history in the online space. That includes the recent decision to <a href="http://allthingsd.com/20110809/wal-mart-shutters-digital-music-store-you-didnt-know-existed/">stop selling MP3s</a> from its Web site.</p>
<p>It has also stepped up its efforts, including a number of small acquisitions, such as mobile advertising start-up <a href="http://allthingsd.com/20110913/walmart-acquires-social-ad-targeting-start-up-oneriot/">OneRiot</a> and mobile app company <a href="http://allthingsd.com/20120104/wal-mart-acquires-small-mobile-agency-to-beef-up-tech-team/">Small Society</a>.</p>
<p>But it did pay big bucks &#8212; reportedly $300 million &#8212; for social media platform <a href="http://allthingsd.com/20110418/exclusive-wal-mart-paid-300-million-plus-for-kosmix/">Kosmix</a>. </p>
<p>Ashe noted that Wal-Mart is indeed still dwarfed online by online dominator Amazon. &#8220;They are very innovative and strategically adept,&#8221; he said.</p>
<p>With 59 million monthly visitors to its U.S. Web site and an aim to go global, how Ashe navigates Wal-Mart&#8217;s path in the next years will be interesting to watch.</p>
<p>Here&#8217;s the official press release:</p>
<blockquote class="memo"><p><strong>Walmart Selects Neil Ashe to Lead Global eCommerce</p>
<p>San Bruno, Calif., Jan. 16, 2012 &#8211;</strong> Wal-Mart Stores, Inc. (NYSE: WMT) today announced that Neil Ashe, 44, is the new president and CEO of the company’s Global eCommerce business, beginning today. Ashe was most recently president of CBS Interactive, where he led all online properties and also drove development of new ways to distribute programming produced by the media giant and its subsidiaries. Websites included CBS.com, CNET.com, CBSNews.com, and CBSSports.com, among others.</p>
<p>Ashe is replacing Eduardo Castro-Wright who announced his pending retirement in September and will assist in the transition.</p>
<p>&#8220;E-commerce is a great opportunity for us and we have a long-term vision to win,&#8221; said Mike Duke, Walmart&#8217;s president and CEO. &#8220;We are on track to create the next generation of E-commerce, combining the latest in online innovations with physical stores to give our customers a unique and seamless shopping experience.&#8221; </p>
<p>&#8220;We have an understanding of what these customers want, a trusted brand, 200 million weekly shoppers, more than 10,000 stores around the world, and the ability to make significant investments in talent and technology. We also have successful online businesses, including in the U.S., the U.K., Canada and Brazil. With all of this, it is clear that Walmart is the best- positioned retailer to deliver this multi-channel experience to consumers, many of whom are already connected to the world through smart phones and social media.&#8221;</p>
<p>Duke continued, &#8220;With his strong personal leadership skills, financial background and experience in successfully working within a major corporation to lead its Internet division, Neil is the ideal leader to help us build this business. He has led companies through all stages of growth and maturity. He also has a deep understanding of the interactive space and how to attract and convert online customers. Perhaps most importantly, much of Neil&#8217;s professional success has come through close collaboration and shared goals with his peers &#8212; a key attribute as we continue to integrate our online businesses across the company and with our physical stores.&#8221;</p>
<p>&#8220;Walmart is a special company,&#8221; said Ashe. &#8220;Growing up in East Tennessee, I have seen first-hand the difference it can make in the lives of its customers. E-commerce gives us a huge opportunity to expand and bring savings to many more people around the world. We have great things ahead of us and I am eager to get started and join the talented team already in place.&#8221;</p>
<p>As president of CBS Interactive, based in San Francisco, Ashe led the interactive content business with operations in the U.S., Europe and China. After leading the successful integration of CNET Networks with CBS, he and his team leveraged existing company assets to ramp up CBS entertainment content distribution online, including making CBS.com the largest television network site in the industry. </p>
<p>Prior to this, Ashe was CEO of CNET Networks, initially best known for providing technology-related information, product reviews and price comparisons through CNET.com. He also oversaw dramatic development in the company’s China division, taking it from a small magazine and events operator to a highly profitable, fast-growing online business. During his tenure, the company&#8217;s value increased from $100 million to $1.8 billion. Ultimately, Ashe led the sale of the company to CBS and became president of CBS Interactive at that time.</p>
<p>Earlier, Ashe founded a company focused on using the Internet to improve K-12 education in the U.S. Prior to this, he was a partner and managing director at private investment firm Crest Communications Holdings and, before that, was an associate at Smith Barney, the investment bank now part of Citigroup. </p>
<p>Ashe has an M.B.A. from the Harvard Business School and a B.S. in Business Administration, with a major in Finance, from Georgetown University. He serves on the boards of LivingSocial, AMC Networks and the Georgetown University Board of Regents.</p>
<p>Over the past year, Walmart has made investments in capabilities and talent as it continues to build Global eCommerce. It has also further strengthened its position through the acquisition of small Internet specialty companies and continues to expand in new markets such as China and Brazil, including a minority stake in Chinese Internet retailer Yihaodian.</p></blockquote>
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		<title>Americans Vote One T-Shirt and Bumper Sticker at a Time -- And Here Are the Early Results</title>
		<link>http://allthingsd.com/20120115/americans-vote-one-t-shirt-and-bumper-sticker-at-a-time-and-heres-the-early-results/</link>
		<comments>http://allthingsd.com/20120115/americans-vote-one-t-shirt-and-bumper-sticker-at-a-time-and-heres-the-early-results/#comments</comments>
		<pubDate>Sun, 15 Jan 2012 22:39:28 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Barack Obama]]></category>
		<category><![CDATA[bumper stickers]]></category>
		<category><![CDATA[buttons]]></category>
		<category><![CDATA[caucus]]></category>
		<category><![CDATA[Democratic]]></category>
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		<category><![CDATA[Iowa]]></category>
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		<category><![CDATA[Mitt Romney]]></category>
		<category><![CDATA[mouse pads]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[Republican]]></category>
		<category><![CDATA[Rick Santorum]]></category>
		<category><![CDATA[skateboard]]></category>
		<category><![CDATA[Super Tuesday]]></category>
		<category><![CDATA[T-shirts]]></category>
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		<category><![CDATA[Zazzle]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=163882</guid>
		<description><![CDATA[The sale and creation of bumper stickers, t-shirts, mugs and other political gear may be a better indication of which candidates Americans like than some of the primaries.]]></description>
			<content:encoded><![CDATA[<p>The sale and creation of bumper stickers, T-shirts, mugs, buttons and other political gear may be an indication of which candidates Americans like the most &#8212; better, in fact, than some of the primaries.</p>
<p><img class="alignright size-medium wp-image-163885" title="zazzle_rick santorum" src="http://allthingsd.com/files/2012/01/zazzle_rick-santorum-285x285.png" alt="" width="285" height="285" />Consider this: The Republican winner of the Iowa Caucus race won by only eight votes. Mitt Romney received 24.55 percent of the total, while former Senator Rick Santorum took home 24.54 percent &#8212; a very narrow victory.</p>
<p>In the New Hampshire primary last week, Mitt Romney also won, this time by a larger margin.</p>
<p>But on Zazzle, where customers get to design customized products and sell them on its marketplace, U.S. voters are voting with their pocketbooks.</p>
<p>For example, interest in Rick Santorum exploded in January. The number of people searching for his apparel and other merchandise is already five times greater than it was during the entire month of December.</p>
<p>Some of his popular apparel includes a &#8220;Rick Santorum has a raging clue,&#8221; T-shirt, and the more straightforward &#8220;Rick Santorum 2012&#8243; coffee mug.</p>
<p>Meanwhile, searches for Mitt Romney&#8217;s products are only three times higher over the same time period. A popular button for Romney declares. &#8220;Mitt is Legit.&#8221;</p>
<p><img class="alignleft size-full wp-image-163886" title="zazzle_obama tie" src="http://allthingsd.com/files/2012/01/zazzle_obama-tie.png" alt="" width="156" height="158" />President Barack Obama has a little more diversity of products on offer, probably because he&#8217;s been in the spotlight for longer. There&#8217;s the regular assortment of T-shirts and pins, of course, and also mouse pads, iPhone covers, skateboard art and ties.</p>
<p>Not all of the gear is always positive; some items might reflect how much someone dislikes a candidate.</p>
<p>Every year, the Iowa caucus is used to gauge which candidates U.S. voters prefer at the time, even if the outcome does not result in the selection of a national delegate.</p>
<p>Similarly, Redwood City, Calif.-based Zazzle believes it has a big enough forum to conduct a meaningful poll of its own. Tomorrow, the company will kick off a poll that will analyze design and purchasing behavior up until the day before Super Tuesday, which falls on March 6 this election year.</p>
<p>In the past, Zazzle has often been used by Americans to cast their vote. On the site, more than 2.5 million custom political designs, and one million political clothing items have been sold to date.</p>
<p><img class="alignright size-medium wp-image-163887" title="zazzle_mittislegit" src="http://allthingsd.com/files/2012/01/zazzle_mittislegit-285x285.png" alt="" width="285" height="285" />“Whereas Twitter and Facebook reflect consumer opinions through text, sites like Zazzle are where the physical manifestation of ideas and opinions take place. This has been an accurate form of pre-determining political stories since the 2008 election,” said Josh Neuman, Zazzle’s head of political merchandising and analyses, in a statement.</p>
<p>For instance, the year before Barack Obama took office in 2008, 21,099 items Obama-related items were created on Zazzle, 73 percent percent of which were positive.</p>
<p>The final poll won&#8217;t be unveiled until March, but in the meantime, here are some other recent trends Zazzle has witnessed:</p>
<ul>
<li>Interest in Santorum has exploded. The number of people searching for Santorum merchandise in January is already five times greater than during the whole month of December.</li>
<li>Romney is seeing three times as much traffic.</li>
<li>In January, there’s been a dramatic surge in merchandise sales for Ron Paul, who currently outsells Obama by nearly three times.</li>
<li>Obama merchandise continues to be a top seller, but 60 percent of the items are anti-Obama themed.</li>
<li>People are still buying merchandise for dropped-out candidates, including Herman Cain and Michele Bachmann. The sales for either of these candidates are higher than those for Gary Johnson, who is still in the race.</li>
</ul>
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		<title>HomeAway Hopes Golden Globes Ad Can Fix Super Bowl Blunder</title>
		<link>http://allthingsd.com/20120115/homeaway-packs-a-more-subtle-message-in-new-ad-campaign/</link>
		<comments>http://allthingsd.com/20120115/homeaway-packs-a-more-subtle-message-in-new-ad-campaign/#comments</comments>
		<pubDate>Sun, 15 Jan 2012 14:00:13 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[advertising]]></category>
		<category><![CDATA[Al Green]]></category>
		<category><![CDATA[campaign]]></category>
		<category><![CDATA[commercial]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[Food Network]]></category>
		<category><![CDATA[Golden Globe Awards]]></category>
		<category><![CDATA[Grammys]]></category>
		<category><![CDATA[HGTV]]></category>
		<category><![CDATA[HomeAway]]></category>
		<category><![CDATA[hotels]]></category>
		<category><![CDATA[marketplace]]></category>
		<category><![CDATA[Super Bowl]]></category>
		<category><![CDATA[travel]]></category>
		<category><![CDATA[Travel Channel]]></category>
		<category><![CDATA[vacation rentals]]></category>
		<category><![CDATA[VacationRentals.com]]></category>
		<category><![CDATA[VRBO.com]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=163804</guid>
		<description><![CDATA[The new campaign -- set to the tune of "Let's Stay Together," by Al Green -- is much more subtle than last year's ad.]]></description>
			<content:encoded><![CDATA[<p>HomeAway hopes its new commercial, airing during today&#8217;s Golden Globes broadcast, will make its Super Bowl blunder a thing of the past.</p>
<p><img class="alignright size-medium wp-image-163825" title="homeaway-hi-Fishing" src="http://allthingsd.com/files/2012/01/homeaway-hi-Fishing-380x213.png" alt="" width="380" height="213" />The new campaign &#8212; set to the tune of &#8220;Let&#8217;s Stay Together,&#8221; by Al Green &#8212; is much more tame than last year&#8217;s ad. The 30-second spot focuses on creating family memories around campfires, swimming holes and hiking trails; memories that often can be made in or near homes &#8212; not in hotels.</p>
<p>HomeAway, which operates vacation-rentals marketplaces, including HomeAway.com, VRBO.com and VacationRentals.com, went out on a limb for its Super Bowl commercial last year. If the point was to generate buzz <a href="http://allthingsd.com/20110311/vacation-rental-site-homeaway-files-for-230-million-ipo/">before filing for its initial public offering</a>, it was a success.</p>
<p><img class="alignleft size-full wp-image-163816" title="homeaway_baby-150x131" src="http://allthingsd.com/files/2012/01/homeaway_baby-150x131.png" alt="" width="150" height="131" />But the Austin, Texas-based company ended up having to yank the ad after drawing criticism over a particularly disturbing image: In the commercial, a doll &#8212; which was obviously not a child &#8212; was thrown against a wall to demonstrate how cramped hotel rooms can be, compared to more spacious rental houses.</p>
<p>The updated &#8212; and more subtle &#8212; campaign will air in select markets during NBC&#8217;s broadcast of the 69th Golden Globe Awards. Following its debut, the spot will air on the Travel Channel, the Food Network, HGTV and other special promotions, including the Grammy Awards on Feb. 12, the Academy Awards on Feb. 26 and the &#8220;Survivor&#8221; finale.</p>
<p>Second time&#8217;s the charm?</p>
<p><object width="560" height="315" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/yHaYNgYzgMw?version=3&amp;hl=en_US" /><param name="allowfullscreen" value="true" /><embed width="560" height="315" type="application/x-shockwave-flash" src="http://www.youtube.com/v/yHaYNgYzgMw?version=3&amp;hl=en_US" allowFullScreen="true" allowscriptaccess="always" allowfullscreen="true" /></object></p>
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		<title>Fab.com Acquires FashionStake After Seven Months of Rapid Growth</title>
		<link>http://allthingsd.com/20120113/fab-com-acquires-fashionstake-after-seven-months-of-rapid-growth/</link>
		<comments>http://allthingsd.com/20120113/fab-com-acquires-fashionstake-after-seven-months-of-rapid-growth/#comments</comments>
		<pubDate>Fri, 13 Jan 2012 14:00:29 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Alexis Maybank]]></category>
		<category><![CDATA[Andreessen Horowitz]]></category>
		<category><![CDATA[apparel]]></category>
		<category><![CDATA[artists]]></category>
		<category><![CDATA[Battery Ventures]]></category>
		<category><![CDATA[Daniel Gulati]]></category>
		<category><![CDATA[designer]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[Fab.com]]></category>
		<category><![CDATA[fashion]]></category>
		<category><![CDATA[FashionStake]]></category>
		<category><![CDATA[Forerunner Ventures]]></category>
		<category><![CDATA[Gilt Groupe]]></category>
		<category><![CDATA[home decore]]></category>
		<category><![CDATA[Jason Goldberg]]></category>
		<category><![CDATA[M&A]]></category>
		<category><![CDATA[marketplace]]></category>
		<category><![CDATA[retail]]></category>
		<category><![CDATA[Vivian Weng]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=163467</guid>
		<description><![CDATA[Fab.com, a New York-based flash sales site known for selling home decor, apparel and other items from independent designers, has acquired FashionStake.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.fab.com">Fab.com</a>, a New York-based flash sales site known for selling home decor, apparel and other items from independent designers, has acquired <a href="http://www.fashionstake.com/">FashionStake</a>.</p>
<p><img class="alignright size-medium wp-image-163482" title="fab + fashionstake" src="http://allthingsd.com/files/2012/01/fab-+-fashionstake-371x285.png" alt="" width="371" height="285" />In the past seven months, Fab has grown rapidly, registering 1.65 million users, who have purchased 750,000 products.</p>
<p>It now plans to grow even faster, with the help of this acquisition.</p>
<p>Both companies have a similar mission: To bring independent artists and craftsmen, who make aesthetically appealing and sometimes out-of-the ordinary items, to a large marketplace.</p>
<p>Fab.com does this mostly for home decor, and New York-based FashionStake does it mostly for fashion and apparel. The sites have the flavor of a Gilt Groupe, which sells high-end fashion at a discount, except they offer more undiscovered brands, at more reasonable prices.</p>
<p>In a blog post, Fab CEO Jason Goldberg said FashionStake co-founders Vivian Weng and Daniel Gulati will join the Fab company.</p>
<p>Goldberg did not disclose terms of the deal, but it&#8217;s possible that he tapped into a large cash reserve, which includes a $40 million round of capital raised last month from Andreessen Horowitz and others.</p>
<p>FashionStake, which launched in September 2010, has received investments from a number of players, including Battery Ventures, Forerunner Ventures and Gilt Groupe co-founder Alexis Maybank.</p>
<p>Last year, <a href="http://shop.moxsie.com/">FashionStake acquired Moxsie</a>, another retailer of independent fashion.</p>
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		<title>Gilt Groupe CEO: Restructuring Rumors Overblown, IPO Still on Track</title>
		<link>http://allthingsd.com/20120111/gilt-groupe-ceo-restructuring-rumors-overblown-ipo-still-on-track/</link>
		<comments>http://allthingsd.com/20120111/gilt-groupe-ceo-restructuring-rumors-overblown-ipo-still-on-track/#comments</comments>
		<pubDate>Wed, 11 Jan 2012 17:58:07 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[apparel]]></category>
		<category><![CDATA[Betabeat]]></category>
		<category><![CDATA[cash flow positive]]></category>
		<category><![CDATA[daily deals]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[employees]]></category>
		<category><![CDATA[flash sales]]></category>
		<category><![CDATA[Gilt City]]></category>
		<category><![CDATA[Gilt Groupe]]></category>
		<category><![CDATA[Gilt Taste]]></category>
		<category><![CDATA[groceries]]></category>
		<category><![CDATA[IPO]]></category>
		<category><![CDATA[Jetsetter]]></category>
		<category><![CDATA[John Auerbach]]></category>
		<category><![CDATA[Kevin Ryan]]></category>
		<category><![CDATA[layoffs]]></category>
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		<category><![CDATA[restructuring]]></category>
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		<guid isPermaLink="false">http://allthingsd.com/?p=162784</guid>
		<description><![CDATA[Kevin Ryan is denying rumors this morning that the luxury e-commerce company is undergoing a massive restructuring; nearly all of its 900 employees and business units remain intact.]]></description>
			<content:encoded><![CDATA[<p>Gilt Groupe CEO Kevin Ryan is denying rumors that the luxury e-commerce company is undergoing a massive restructuring, and said nearly all of its 900 employees and business units will remain intact.</p>
<p><img class="alignright size-medium wp-image-162808" title="Gilt-Groupe-CEO-Kevin-Ryan" src="http://allthingsd.com/files/2012/01/Gilt-Groupe-CEO-Kevin-Ryan-227x285.png" alt="" width="227" height="285" />Ryan called <strong>AllThingsD</strong> this morning to clear the air after <a href="http://www.betabeat.com/2012/01/11/layoffs-gilt-groupe-restructuring-gilt-taste-gilt-city-jetsetter-park-and-bond-01112012/">a report in BetaBeat</a> painted a fairly grim picture of the situation.</p>
<p>BetaBeat reported this morning that as many as 170 employees would be laid off today; that Gilt Taste, <a href="http://allthingsd.com/20110518/gilt-groupe-launches-high-end-grocery-two-steaks-for-180-anyone/">the company&#8217;s high-end grocery site</a>, was likely to be closed down; and that Jetsetter, its travel operations, was likely to be merged with Gilt City, its daily deal division.</p>
<p>On pretty much all accounts, Ryan declared not guilty.</p>
<p>&#8220;We are not closing down any businesses. We are not closing down Gilt Taste, and we aren&#8217;t merging Gilt City and Jetsetter,&#8221; he said.</p>
<p>Additionally, another new division, Park &amp; Bond, which sells full-priced men&#8217;s clothing, is also doing well. &#8220;In its fifth month of business, Park &amp; Bond did more revenue than any other business in its fifth month,&#8221; Ryan added.</p>
<p>The one grain of truth in all of it, he said, is that over the next couple of months, he expects to selectively trim staff by roughly 50 employees.</p>
<p>But for emphasis, he added, the company will still end up having more employees by the end of March than it does now.</p>
<p>&#8220;It&#8217;s pretty minimal in the scheme of having 900 employees,&#8221; he said. &#8220;Not only will we do that [have cutbacks], but we will continue to do that. What Gilt needs to be, and is doing, is to create a fantastic consumer experience while running an efficient company.&#8221;</p>
<p>He said the company achieved its goal of generating $500 million in June and now is setting its sights on transitioning the business from a money-losing organization to cash-flow break even this year.</p>
<p><img class="alignleft size-medium wp-image-162813" title="giltgroupe" src="http://allthingsd.com/files/2012/01/giltgroupe-352x285.png" alt="" width="352" height="285" />He also said that Gilt Groupe, <a href="http://allthingsd.com/20110508/gilt-groupe-raises-138-million-from-softbank-and-others-for-growth-acquisitions/">which raised $138 million in capital last May</a>, is on track for an IPO, perhaps as early as the fourth quarter, but more likely in 2013.</p>
<p>&#8220;The timing feels about right, and we are on a steady progression,&#8221; said Ryan, who declined to give revenue estimates for this year because the company is in the sensitive lead-up to a public offering.</p>
<p>Ryan named two divisions that may see cuts over the next couple of months: Gilt Taste and Gilt City.</p>
<p>In October, <a href="http://allthingsd.com/20111028/luxury-daily-deals-site-gilt-city-picks-up-buywithme-at-a-discount/">Gilt City purchased BuyWithMe</a>, and although it hired only 20-25 of the deal provider&#8217;s 190 employees, Ryan said they probably don&#8217;t need that many going forward now that the integration has been completed.</p>
<p>Additionally, he said there are some inefficiencies within Gilt Taste.</p>
<p>Ryan characterized the site as &#8220;doing great,&#8221; but said it will need fewer staffers now that it is up and running. At first, it needed to negotiate deals with dozens of vendors and shoot photos of the more than 1,000 products on the site.</p>
<p>Now that they&#8217;ve hit a baseline of items, they&#8217;ll probably add only a couple hundred new products a year, reducing the need for so much staff.</p>
<p>&#8220;There&#8217;s much less work to do there,&#8221; Ryan said. &#8220;With flash sales, you have to do that process every week, but in the full-priced business, there&#8217;s greater start-up costs. That&#8217;s part of the business.&#8221;</p>
<p>In particular, BetaBeat said Park &amp; Bond President John Auerbach was likely to leave the company.</p>
<p>Ryan said there&#8217;s always the chance one of the top 15 executives could leave, whether it was their decision or the company&#8217;s, but that Auerbach is still working there as of now.</p>
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		<title>10 of the Days Before Christmas Hit $1 Billion in Online Spending</title>
		<link>http://allthingsd.com/20120105/10-of-the-days-before-christmas-hit-1-billion-in-online-spending/</link>
		<comments>http://allthingsd.com/20120105/10-of-the-days-before-christmas-hit-1-billion-in-online-spending/#comments</comments>
		<pubDate>Thu, 05 Jan 2012 17:33:13 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[Mobile]]></category>
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		<category><![CDATA[Amazon]]></category>
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		<category><![CDATA[Chase Paymentech]]></category>
		<category><![CDATA[Christmas]]></category>
		<category><![CDATA[comScore]]></category>
		<category><![CDATA[consumer confidence]]></category>
		<category><![CDATA[Cyber Holiday Pulse Index]]></category>
		<category><![CDATA[Cyber Monday]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[Free Shipping Day]]></category>
		<category><![CDATA[Gian Fulgoni]]></category>
		<category><![CDATA[Green Monday]]></category>
		<category><![CDATA[holiday shopping]]></category>
		<category><![CDATA[merchants]]></category>
		<category><![CDATA[mobile commerce]]></category>
		<category><![CDATA[online spending]]></category>
		<category><![CDATA[retail]]></category>
		<category><![CDATA[Shopping cart]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=160475</guid>
		<description><![CDATA[For the second straight year, Cyber Monday was the biggest online shopping day of the year, hitting $1.25 billion in the U.S.]]></description>
			<content:encoded><![CDATA[<p>For the second year in a row, Cyber Monday was the biggest online shopping day of the year, hitting $1.25 billion in the U.S.</p>
<p><img class="alignright size-full wp-image-147565" title="e-commerce_art" src="http://allthingsd.com/files/2011/11/e-commerce_art.png" alt="" width="380" height="285" />Although the season kicked off with a bang, there were fears that consumer confidence would fall as the end of the year approached. That did not happen, with people continuing to fill their virtual shopping carts until the very last minute; 10 individual days surpassed $1 billion in spending.</p>
<p><a href="http://www.comscore.com/Press_Events/Press_Releases/2012/1/U.S._Online_Holiday_Shopping_Season_Reaches_Record_37.2_Billion_for_November-December_Period">According to comScore</a>, the final tally for online spending for the months of November and December was $37.2 billion, representing a 15 percent increase over last year.</p>
<p>ComScore tracks purchases made on Web sites from a fixed Internet connection, excluding spending done via mobile phones and tablets, so presumably the numbers could be higher.</p>
<p>While the numbers being reported sound positive, some analysts worry if they were enough to give giants like Amazon the growth rates needed to hit expectations. <a href="http://allthingsd.com/20111229/amazon-may-miss-q4-estimates-despite-selling-more-than-one-million-kindles-a-week/">Wall Street analysts are expecting</a> Amazon to post a fourth-quarter growth rate of 38 percent, which would mean it would have to be growing twice as fast as the average market.</p>
<p>But Chase Paymentech&#8217;s annual Cyber Holiday Pulse Index painted a rosier picture of the holiday season. Based on tracking 50 of the leading online merchants in the U.S., the report found that during the final two months of the year, transactions were up 37 percent and sales rose 25 percent.</p>
<p>One of the reasons for the huge gains, it said, was because Christmas fell on a Sunday this year, allowing merchants to guarantee shipping much later into the week and giving consumers more time to make online transactions.</p>
<p>To be sure, the increase in online shopping is coming from somewhere &#8212; most likely at the expense of traditional retail, which is expected to report a less impressive 4 percent growth rate this year.</p>
<p>&#8220;It’s clear that e-commerce continues to gain market share from traditional retail due to the attractiveness of the Internet’s convenience and lower prices,&#8221; said comScore Chairman Gian Fulgoni. &#8220;Consumers were especially attracted to the deals and discounts available through digital channels -– particularly free shipping, which occurred on well over half of transactions this season.&#8221;</p>
<p>The most impressive finding of the season was that 10 individual days surpassed $1 billion in spending, compared to only one day in 2010.</p>
<p>Here is a list of the 10 biggest online shopping days in 2011, led by Cyber Monday:</p>
<p><img class="aligncenter size-full wp-image-160485" title="comscore_10billiondollardays2011" src="http://allthingsd.com/files/2012/01/comscore_10billiondollardays2011.png" alt="" width="330" height="414" /></p>
<p>(Image credit: <a href="http://www.istockphoto.com/">iStockphoto.com</a>/<a href="http://www.istockphoto.com/user_view.php?id=3694922">mbortolino</a>)</p>
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		<title>The Best Retail Ads of the Holiday Season Get the Ugly Sweater Treatment</title>
		<link>http://allthingsd.com/20120102/the-best-retail-ads-of-the-holiday-season-get-the-ugly-sweater-treatment/</link>
		<comments>http://allthingsd.com/20120102/the-best-retail-ads-of-the-holiday-season-get-the-ugly-sweater-treatment/#comments</comments>
		<pubDate>Mon, 02 Jan 2012 14:00:02 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[advertising]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Best Buy]]></category>
		<category><![CDATA[Black Friday]]></category>
		<category><![CDATA[Christmas]]></category>
		<category><![CDATA[commercials]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[eBay]]></category>
		<category><![CDATA[holidays]]></category>
		<category><![CDATA[mobile commerce]]></category>
		<category><![CDATA[retail]]></category>
		<category><![CDATA[Santa Claus]]></category>
		<category><![CDATA[shopping]]></category>
		<category><![CDATA[Target]]></category>
		<category><![CDATA[Wal-Mart]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=158779</guid>
		<description><![CDATA[Here are some of the best retail spots of the holiday season, the ones that motivated throngs of people to shop and spend record amounts online.]]></description>
			<content:encoded><![CDATA[<p>Here are some of the best retail spots of the holiday season, the ones that motivated throngs of people to shop and <a href="http://allthingsd.com/20111228/holy-cow-you-spent-35-3-billion-online-this-holiday-season/">spend record amounts online</a>.</p>
<p>The list is based on my own taste, and in no particular order, so feel free to share the ones that made you snicker the most.</p>
<p>Admittedly, they are much more bearable to watch now that the holidays are over and they no longer serve as a reminder for all of the things you have left to do.</p>
<p>So, sit back and enjoy!</p>
<p><strong>Wal-Mart makes fun of the ugly Christmas sweater:</strong></p>
<p><object width="560" height="315" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/1e5pAVe6cps?version=3&amp;hl=en_US" /><param name="allowfullscreen" value="true" /><embed width="560" height="315" type="application/x-shockwave-flash" src="http://www.youtube.com/v/1e5pAVe6cps?version=3&amp;hl=en_US" allowFullScreen="true" allowscriptaccess="always" allowfullscreen="true" /></object></p>
<p><strong>Target gets you into shape for fighting the crowds in its Black Friday commercial:</strong></p>
<p><object width="420" height="315" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/Fgbz7oZbCuw?version=3&amp;hl=en_US" /><param name="allowfullscreen" value="true" /><embed width="420" height="315" type="application/x-shockwave-flash" src="http://www.youtube.com/v/Fgbz7oZbCuw?version=3&amp;hl=en_US" allowFullScreen="true" allowscriptaccess="always" allowfullscreen="true" /></object></p>
<p><strong>Apple, <a href="http://allthingsd.com/20111128/apple-nipping-at-targets-heels-for-fourth-most-visited-site-on-black-friday/">which was one of the biggest retail winners this holiday</a>, demonstrated how Santa would use Siri:</strong></p>
<p><object width="560" height="315" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/5qcmCUsw4EQ?version=3&amp;hl=en_US" /><param name="allowfullscreen" value="true" /><embed width="560" height="315" type="application/x-shockwave-flash" src="http://www.youtube.com/v/5qcmCUsw4EQ?version=3&amp;hl=en_US" allowFullScreen="true" allowscriptaccess="always" allowfullscreen="true" /></object></p>
<p><strong>EBay showed how its mobile application could avoid awkward gifting:</strong></p>
<p><object width="420" height="315" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/k_XfV3qfmG0?version=3&amp;hl=en_US" /><param name="allowfullscreen" value="true" /><embed width="420" height="315" type="application/x-shockwave-flash" src="http://www.youtube.com/v/k_XfV3qfmG0?version=3&amp;hl=en_US" allowFullScreen="true" allowscriptaccess="always" allowfullscreen="true" /></object></p>
<p><strong>Best Buy fueled people&#8217;s competitive spirit in a game of Mom versus Santa:</strong></p>
<p><object width="560" height="315" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/Qeg6Z4jhZWY?version=3&amp;hl=en_US" /><param name="allowfullscreen" value="true" /><embed width="560" height="315" type="application/x-shockwave-flash" src="http://www.youtube.com/v/Qeg6Z4jhZWY?version=3&amp;hl=en_US" allowFullScreen="true" allowscriptaccess="always" allowfullscreen="true" /></object></p>
<p><strong>And, finally, Amazon says it&#8217;s better to receive than give:</strong></p>
<p><object width="560" height="315" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="src" value="http://www.youtube.com/v/j3iuj1jmpyU?version=3&amp;hl=en_US" /><param name="allowfullscreen" value="true" /><embed width="560" height="315" type="application/x-shockwave-flash" src="http://www.youtube.com/v/j3iuj1jmpyU?version=3&amp;hl=en_US" allowFullScreen="true" allowscriptaccess="always" allowfullscreen="true" /></object></p>
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		<title>Lowe's Hardware Remodels Offerings by Acquiring Online Retailer</title>
		<link>http://allthingsd.com/20111229/lowes-hardware-remodels-offerings-by-acquiring-online-retailer/</link>
		<comments>http://allthingsd.com/20111229/lowes-hardware-remodels-offerings-by-acquiring-online-retailer/#comments</comments>
		<pubDate>Thu, 29 Dec 2011 23:41:51 +0000</pubDate>
		<dc:creator>Tricia Duryee</dc:creator>
				<category><![CDATA[Commerce]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[acquisition]]></category>
		<category><![CDATA[ATG Stores]]></category>
		<category><![CDATA[branding]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[HandandPowerToolShop.com]]></category>
		<category><![CDATA[LightingUniverse.com]]></category>
		<category><![CDATA[Lowe's]]></category>
		<category><![CDATA[M&A]]></category>
		<category><![CDATA[merchandising]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=158240</guid>
		<description><![CDATA[In order to expand its offerings online, Lowe’s has acquired ATG Stores, a Kirkland, Wash.-based home improvement retailer that operates more than 500 Web sites, ranging from LightingUniverse.com to HandandPowerToolShop.com. Terms of the deal were not disclosed. Lowe's said the 12-year-old company will continue to maintain separate branding and independent merchandising.]]></description>
			<content:encoded><![CDATA[<p>In order to expand its offerings online, Lowe’s <a href="http://www.businesswire.com/news/home/20111229005272/en/Lowe%E2%80%99s-Companies-Announces-Acquisition-ATG-Stores">has acquired</a> ATG Stores, a Kirkland, Wash.-based home improvement retailer that operates more than 500 Web sites, ranging from <a href="http://www.lightinguniverse.com/">LightingUniverse.com</a> to <a href="http://www.handandpowertoolshop.com/">HandandPowerToolShop.com</a>. Terms of the deal were not disclosed. Lowe&#8217;s said the 12-year-old company will continue to maintain separate branding and independent merchandising.</p>
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