| Taobao.com launches online shopping mall
Taobao.com, China's most popular auction site, will launch a new platform for eligible major domestic and overseas consumer product makers and retailers to sell directly to Chinese buyers.
The new system - to complement the existing public site - has been established to win customers from offline store chains such as Wal-Mart and B&Q.
The Taobao Shopping Mall, to be online in March, will charge retailers based on their transaction volume. The Website, which has beat eBay Inc in China for its free service, is trying to be profitable and pave the way for going public.
"We want to make it a source of quality products for buyers of good taste, like traditional department stores, with guaranteed quality, good compensation policies and more convenient payment methods," an official with Taobao said yesterday.
Police search for man who stole truck in Deerfield Twp.
DEERFIELD TWP. — Police continue to look for the suspect who stole a Loveland man's truck this morning. The truck owner was shopping at 5 a.m. Thursday at the Wal-Mart Supercenter on Mason-Montgomery Road in Deerfield Twp. and left the vehicle's engine running, according to the Warren County Sheriff's Office. .
Obama gets lift with Kennedy backing
So strong is the Kennedy family's hold on some Democrats that as word spread on Sunday about the elder Kennedy's plans, Clinton announced that she had the backing of Kathleen Kennedy Townsend. A daughter of Robert F. Kennedy, Townsend lost the gubernatorial election in Maryland five years ago.In his remarks, Kennedy methodically sought to rebut many of the arguments leveled by Obama's critics.''I know he's ready to be president on day one,'' Kennedy said, taking on one of Bill Clinton's frequent talking points.''From the beginning, he opposed the war in Iraq. And let no one deny that truth,'' he said, an apparent reference to the former president's statement that Obama's early anti-war stance was a ''fairy tale.''''With Barack Obama, we will turn the page on the old politics of misrepresentation and distortion.''With Barack Obama we will close the book on the old politics of race against race, gender against gender, ethnic group against ethnic group, and straight against gay,'' Kennedy said.The Massachusetts senator had remained on the sideline of the presidential campaign for months, saying he was friends with Obama, Clinton and former North Carolina Sen.
3-storeyed structure at risk
An upcoming commercial complex is threatening a three-storeyed residential-cum-commercial building in the neighbourhood as cracks have started appearing in it. Holes have appeared in the wall of the building and its very foundation has been threatened as the owner of the upcoming building has not left the necessary area between the two buildings. D.P. Singh, owner of the three-storeyed house, said the commercial complex, belonging to the kin of a police official posted in the district, had left area on three sides, not an inch had been left on the fourth side adjoining his house. He said they would start digging the basement of the commercial complex soon and his structure would face a threat. I have asked them a number of times to leave a little space on my side.
Retailers, banks spark holiday cheer
Nov. 23 - Wall Street surged in post-holiday trade as investors look for a strong shopping season for the retailers and hopes rise the banking sector will help ease the credit crunch. In an abbreviated session, The Dow jumped 181 points to 12,980. The S&P 500 rose 23 points to 1,440. The Nasdaq gained 34 points to 2,596. Crude oil prices jumped above $98 a barrel. Speaker: Terry Lundgren, chief executive, Macy's Inc. Conway G. Gittens reports from New York. .
Retailer and manufacturer Tommy Bahama launches new e-commerce site
Apparel manufacturer and retailer Tommy Bahama has launched a new web site incorporating advanced imaging and shopping features as well as web 2.0 technology. The new Tommybahama.com was the result of several months of research and development aimed at building an online shopping experience that bridges the gap between traditional brand-focused sites and those that rely heavily on e-commerce applications, according to its developers. For example, the new site offers a magnifying glass function shoppers can drag over any product image to show details as small as the thread color on a pocket seam. The site is built on extensive Flash development as well as detailed, customized templates to facilitate easy movement throughout, Web 2.0 elements that streamline and facilitate product views.
|
