ADVISORY/Expert Available to Discuss the Rebound in E-retail; Consumers flocking online in search of holiday bargains!Assignment Editors/Hi-Tech Writers ADVISORY... --(BUSINESS WIRE) WHAT: Brick and mortar retailers predict flat Christmas sales this season, while experts predict that online spending may rise more than 40% over last year. As experts say that the U.S. economy is edging closer to a recession, these questions are on everyone's minds: -- Why is e-commerce thriving? -- Why are consumers going online instead of going to the malls? -- How has the fear of anthrax affected consumers' willingness to receive goods through the mail? -- What are consumers spending their money on in these times of uncertainty? WHO: Carl Rosendorf, President and CEO of SmartBargains.com, is available discuss the state of e-commerce. SmartBargains.com features brand name items in categories ranging from home goods and electronics to women's and men's apparel, at prices up to 80% off retail. Recently, the company announced more than a 300% increase in August traffic according to Jupiter Media Metrix. SmartBargains launched in October 2000, and Rosendorf joined in June 2001 from BarnesandNoble.com. A veteran of online commerce, Rosendorf founded the nation's first cyber-cafe chain in 1994. WHEN: Carl Rosendorf, President and CEO of SmartBargains.com, will be available for interviews beginning Tuesday, November 6, 2001. Interviews available by appointment. |
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