Articles by Keith Regan

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Report: Holiday Online Shopping Sales To Reach $11.9B

Online shoppers will spend approximately US$11.9 billion dollars during 2001 holiday season on Web retail and travel -- an 11 percent increase over last year's $10.8 billion dollars, according to a report released on Wednesday by Internet measurement and analysis firm Jupiter Media Metrix (Nasdaq: JMXI). Although growth this season will be slower ...

Airlines Bite the Web that Feeds Them

Continental Airlines sent shudders through the online travel world by saying it would no longer pay commissions for fares sold on certain Web sites. This is not the first time such a declaration has been made by an airline, and the big fear is that it won't be the last....

New Rules for Writing an E-Business Plan

Want to write a plan for an e-business that will impress post-shakeout investors? Start with a business that makes money, experts say, and explore how the Web can help your business succeed. "Treat your e-business like any business startup," Al Napier, a professor of e-business and entrepreneurship at Rice University, told the E-Commerce Times. "Y...

Amazon To Sell Magazines in Bid for Holiday Sales

Amazon.com (Nasdaq: AMZN) has taken its search for a revenue boost to the newsstand, announcing the launch of a magazine subscription store Tuesday. The magazine outlet launch comes just days before the holiday shopping season begins in earnest, later this week.

E-Commerce Software Sector Hits a Financial Glitch

Hard times have come to the e-commerce software industry -- and they've come with a vengeance. Las Vegas, Nevada-based PurchasePro (Nasdaq: PPRO) said October 23rd it was searching for additional financing or a strategic partner, firing half its workforce and cutting senior management pay (*correction).

UK Travel Site Records Operating Profit, $5.5M Loss

London-based travel site Ebookers.com (Nasdaq: EBKR) said Monday it has recorded its first-ever operating profit, a milestone achieved six months ahead of schedule despite the slowdown in business following the September 11th terrorist attacks Ebookers said the first 10 days of September were "the strongest online in Ebookers' trading history." Dur...

NetRatings Buys Jupiter Media Metrix for $71M, Ending Rivalry

NetRatings (Nasdaq: NTRT) said Thursday it will acquire rival Web measurement firm Jupiter Media Metrix (Nasdaq: JMXI) in a stock-and-cash deal worth US$71.2 million The move combines two of the most widely quoted Internet measurement firms and two former rivals. As part of the deal, Jupiter will drop a patent infringement lawsuit it filed against ...

eBay Singapore Joins Web Auctioneer's Empire

Online auction leader eBay (Nasdaq: EBAY) launched a local trading site in Singapore on Wednesday, beefing up a roster of overseas properties that have helped drive growth in recent quarters. eBay Singapore will be an English-language site aimed at both individuals and businesses, the company said.

It Never Rains in eBay Land

eBay CEO Meg Whitman is smiling. And why not? The Internet powerhouse that she leads just reported strong third-quarter earnings. But something tells me that she'd be smiling even if eBay had stumbled badly The eBay (Nasdaq: EBAY) franchise, it turns out, isn't based just on its community or its great tech platform or cool multicolored logo. It's o...

PurchasePro Slashes Staff and Salaries, Searches for Cash

Business-to-business (B2B) marketplace provider PurchasePro (Nasdaq: PPRO) said Tuesday it will cut its workforce in half, slash management salaries and shutter offices amid a search for additional financing or a strategic partner. The Las Vegas, Nevada software and services provider said the moves are part of the second phase of its "turnaround s...

Drugstore.com Trims Loss, Looks To Hang On

Drugstore.com (Nasdaq: DSCM) said Tuesday that sales grew and expenses fell during the third quarter, helping the e-tailer to post a loss of about US$15 million, less than half of the financial loss it recorded for the same period last year. The loss of 23 cents per share beat most Wall Street expectations. Analysts were calling for a loss of 27 t...

Report: Clothing Sales To Drive Strong E-tail Holiday

Surging apparel sales will help fuel a 43 percent rise in online spending this holiday season, Web measurement firm Nielsen//NetRatings (Nasdaq: NTRT) said Monday. Nielsen//NetRatings predicted that US$10 billion will be spent online during the last eight weeks of the year. Clothing will top all other sectors with nearly $2.5 billion in sales, the...

Tech Companies Lose, Measure for Measure

Not long ago, Microsoft (Nasdaq: MSFT) issued a press release arguing that its MSN network had leapfrogged Yahoo! (Nasdaq: YHOO) to become the most popular family of Web sites on the Internet. The news didn't make much of a splash. In fact, it fell so flat that MSN re-issued the release a week later....

Outpost Hangs on as Fry's Merger Deadline Approaches

Outpost.com (Nasdaq: COOL), one of the first big-name pure-play e-tailers, continues to lose money but says it expects to have enough cash to hang on until its proposed merger with Fry's Electronics can be consummated. Outpost's most recent quarterly report, filed with the Securities and Exchange Commission this week, is likely to be its last as a...

Travelocity Reports Record Profit Despite Lower Revenue

Travelocity (Nasdaq: TVLY) reported its largest quarterly profit to date on Wednesday -- US$4.9 million -- despite a decline in revenue attributed to flying fears after the September 11th terrorist attacks. Fort Worth, Texas-based Travelocity said it earned a pro forma profit of 9 cents per share for the third quarter, a nose ahead of the 8 cents ...

Forrester Maintains $11B Estimate for Holiday E-tail

Forrester Research (Nasdaq: FORR) said Tuesday it will stick by its prediction that U.S. consumers will spend US$11 billion online this holiday season. Forrester said the estimate, which calls for a 10 percent increase over 2000 online holiday spending, was revisited in the wake of the September 11th terrorist attacks on the U.S. and the military ...

Yahoo!, Amazon & eBay: Is Imitation Always Flattery?

It's said that imitation is the sincerest form of flattery. If so, there are a lot of wet kisses being blown back and forth between the largest and best-known e-commerce companies. Yahoo! (Nasdaq: YHOO) is the latest to dye its hair the same color as all the others. On Tuesday, the Internet portal unveiled a plan to integrate used items, closeout ...

Yahoo!, Amazon & eBay: Is Imitation Always Flattery?

It's said that imitation is the sincerest form of flattery. If so, there are a lot of wet kisses being blown back and forth between the largest and best-known e-commerce companies. Yahoo! (Nasdaq: YHOO) is the latest to dye its hair the same color as all the others. On Tuesday, the Internet portal unveiled a plan to integrate used items, closeout ...

Yahoo!, Amazon & eBay: Is Imitation Always Flattery?

It's said that imitation is the sincerest form of flattery. If so, there are a lot of wet kisses being blown back and forth between the largest and best-known e-commerce companies. Yahoo! (Nasdaq: YHOO) is the latest to dye its hair the same color as all the others. On Tuesday, the Internet portal unveiled a plan to integrate used items, closeout ...

Study: News Sites, Pop-Ups Dominate Web in September

While news sites dominated Internet use during September, one e-commerce company used a pop-up ad campaign to propel itself into the top tier of most-visited sites for the first time, according to data released Monday by Jupiter Media Metrix (Nasdaq: JMXI). As they searched for the latest reports regarding the September 11th terrorist attacks on t...

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