Posted by Mark J. Miller on November 14, 2011 06:06 PM
Amazon is ready to lose a whole lot of dough — potentially, millions of dollars — on its Prime loyalty service in order to beat the likes of Apple and Walmart in the same marketplace, according to the Wall Street Journal.
The short-term loss for long-gain strategy appears to be the plan, as the Journal reports Amazon will be adding more titles and features to the service that costs $79 annually to the consumer.
As it battles Apples iTunes and app stores, Prime now offers on-demand movies and a lending library for Kindle owners in addition to the shipping discounts it started with, the Journal notes.Continue reading...
Posted by Dale Buss on November 14, 2011 09:05 AM
Amazon ships Kindle Fire and Kindle Touch early.
Apple searches for next retailing genius, recalls first-generation iPod Nano devices.
Audi A7 wins car of the year nod.
Barbie links with Stardoll for premium collection.
BMW promotes sustainability with China roadshow.
Boeing cements wide-body lead over Airbus with biggest ever deal, with Emirates.
Borders demise parsed by Bloomberg Businessweek.
Call of Duty: Modern Warfare 3 launch smashes records.
China 'ready' to allow foreign companies to issue stock.
Chevrolet woos Sonic buyers with perks program, while GM slows Chevrolet Cruze production.
Citrus Australia introduces new seal of authenticity.
Crowne Plaza tilts makeover toward young travelers.
Deutsche Boerse defends NYSE Euronext deal.
Disney buys Babble.com for $40M to reach 'hipster parents.'
Estee Lauder co-founder Evelyn Lauder dies, lauded for launching Pink Ribbon campaign for breast cancer research.
Facebook nears U.S. privacy settlement that would make public sharing opt-in, not opt-out.Continue reading...
Posted by Shirley Brady on November 7, 2011 06:21 PM
If you've noticed that Barnes & Noble has been clearing away books to make room for the NOOK, get ready for more redecorating on the selling floor as the bookseller takes aim on Amazon's $199 Kindle Fire this holiday season with its just-revealed NOOK Tablet.
Also, of course, looking to nibble at the iPad's market share, NOOK Tablet is described by B&N as "Our fastest, lightest tablet with the best in HD entertainment & more!" (including more than 2.5 million books, magazines, newspapers and other titles), the NOOK Tablet is selling for slightly more, at $249.
"With the Nook Tablet we are delivering the best media device ever created in a portable form factor," said Barnes & Noble CEO William Lynch at a launch event in New York today.Continue reading...
Posted by Barry Silverstein on October 14, 2011 04:06 PM
The stagnant world economy continues to be a drag on consumer demand, even as the 2011 holiday season approaches. The growth rate for the upcoming holiday season will be 2.8 percent in total retail sales -- half of last year's 5.6 percent actual growth -- according to London-based Kantar Retail, a division of Kantar Group, the insight and consulting arm of WPP, the world's largest communications group.
The breakdown of where sales will come from is a true sign of the times -- and a warning to traditional retailers. Kantar predicts that U.S. online sales from October through December will rise 13.5 percent, to $60.4 billion from $53.2 billion last year. While this is lower than the percentage increase from 2009 to 2010, it speaks to the continuing growth in market share of online shopping. Continue reading...
Posted by Dale Buss on October 5, 2011 09:00 AM
Apple could lure customers with pricing despite lack of iPhone 5, even as its new iPhone 4S fails to wow. AT&T, meanwhile, claims its iPhone 4S will be the fastest, while Samsung moves to ban the device in France and Italy.
Amazon Kindle Fire pre-orders top 2,000 per hour.
BNY Mellon gets sued by feds, state of New York.
Coca-Cola Amatil eyes Foster's assets in Australia.
Diageo to open "Happy Hour" on ESPN in two languages.
Disney gets 3-D fever.
Estee Lauder launches breast cancer awareness Facebook app.
Friendly's files for bankruptcy.Continue reading...
Posted by Sheila Shayon on September 28, 2011 03:13 PM
Amazon today unveiled "Found new Kindles, four amazing price points," but it was the top-end of the range that's garnering the most attention.
The $199 Kindle Fire (available Nov. 15) is burning up Twitter and Facebook, with consumers poring over the just-released details of the tablet computer seen as a direct shot across the bow of Apple’s iPad.
More than 'just' an e-reader, the smaller and cheaper-than-an-iPad Kindle Fire has a 7-inch display, Wi-Fi connectivity, (but not 3G access) comes with a 30-day free trial of Amazon Prime and runs on Google’s Android software.
Announced at a press event in New York, Amazon CEO Jeff Bezos sees Kindle Fire — the flagship device in its newly expanded Kindle line — as more than just a tablet — it's a digital hub and services platform that leads right to his store.Continue reading...
Posted by Shirley Brady on September 28, 2011 10:45 AM
Here's the new Amazon commercial for Kindle Fire, the $199 tablet Jeff Bezos revealed today in New York to take on the iPad. The description: "Meet the all-new Kindle Fire — a Kindle for movies, music, apps, games, reading & more. Only $199."
Below, watch the commercials for the new lower-priced ($79) Kindle, whose pricing drew gasps from the reporters at the press conference; Silk, Amazon's new cloud-based browser; plus Kindle customer testimonials taped two weeks ago ... and let us know what you think of it all in the comments below!Continue reading...
Posted by Shirley Brady on September 26, 2011 05:59 PM
Amazon is set to unveil the Kindle Fire e-reader on Wednesday, with Conde Nast, Hearst and Meredith on board, but Time Inc. negotiations going down to the wire.
Boeing confident about Dreamliner output as All Nippon Airways prepares for aircraft's first commercial flight.
Chrysler lets car buyers track production and delivery.
Coca-Cola CEO is "cautiously pleased" with company outlook.
Jay-Z announces the New Jersey Nets will be renamed the Brooklyn Nets, and that he'll kick off the NBA team's new home at the Barclays Center with an eight-concert series in Sept. 2012.
John Hancock extends "Who Knew?" campaign.Continue reading...