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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.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 7, 2001
Words:204
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