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BARGAINS AWAIT WEB CUSTOMERS; RETAILERS OFFERING ONLINE SALES.


Byline: Rachel Beck Rachel Beck is an American reporter for the Lebanon Express in Lebanon, Oregon. Born 5 April, 1982, she was raised in Sisters, Oregon. In 2000, she graduated from Sisters High School[1]. She graduated from Vassar College with the class of 2004.  Associated Press Associated Press: see news agency.
Associated Press (AP)

Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world.
 

Coming soon to cyberspace Coined by William Gibson in his 1984 novel "Neuromancer," it is a futuristic computer network that people use by plugging their minds into it! The term now refers to the Internet or to the online or digital world in general. See Internet and virtual reality. Contrast with meatspace. : clearance racks.

Right after Christmas, prices online will drop on everything from chenille che·nille  
n.
1. A soft tufted cord of silk, cotton, or worsted used in embroidery or for fringing.

2. Fabric made of this cord, commonly used for bedspreads or rugs.
 sweaters at Nordstrom to Victoria's Secret For the Sonata Arctica single, see Victoria's Secret (song)

Victoria's Secret is an American retailer of high quality lingerie and beauty products.[2]
 underwear, and in some cases, there will be discounts on merchandise you can't even find at the stores.

It's the first sign of widespread discounting online, which will likely please shoppers who have complained of inflated prices on the Web.

``How can a sale be bad, especially on the Internet?'' said Helene Chlopan, a Lexington, Ky., resident who is anxious to check out the post-holiday bargains. ``If there are things that I normally want and they are at reduced prices, I admit I'll probably buy them.''

While shoppers relish the convenience of the Internet, many believe they are paying for it.

More than 77 percent of online shoppers and 64 percent of those who haven't shopped online said that deeper discounts would inspire them to buy more on the Internet, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a recent survey by research firm Jupiter Communications.

Concern about price, not security, was the factor most often cited as the thing that held them back from making purchases online.

These cyber-shoppers yearn for deeper price cuts on name-brand merchandise, and they want more than just the limited sales some retailers offer periodically through the year. Amazon.com, for instance, runs weekly specials on certain books, but most of its online store isn't on sale.

Paul Robichaux, of Huntsville, Ala., bought about three-quarters of his holiday gifts online this year, but said he spent a lot of time searching for good prices.

But finally, big bargains - many running as high as 75 percent off - by well-known retailers are coming to cyberspace.

``More and more, price is a very important factor when a shopper decides whether to buy online, and retailers are starting to see the potential of running sales online,'' said Nicole Vanderbilt, who tracks online commerce for New York-based Jupiter.

At Eddie Bauer Eddie Bauer (NASDAQ: EBHI) is a clothing store chain. Headquartered in Bellevue, Washington, and a subsidiary of Eddie Bauer Holdings (formerly Spiegel, Inc.), the company was founded in Seattle in 1920 as "Eddie Bauer's Sport Shop" by its namesake, Eddie Bauer (1899 – , shoppers will find the same down parkas and fleece fleece, mat of wool formed by shearing a sheep in one continuous operation. The average fleece weighs from 5 to 10 lb (2.3–4.5 kg); in highbred wool sheep such as the American Merinos a ram's fleece may reach 30 lb (13.6 kg).  tops on sale online as in its stores. In addition, Web shoppers will find deals on special-size items - petite and tall - that won't be offered in most stores.

``We do a very brisk business after Christmas, so why not offer the same deals on the Internet?'' said Judy Neuman, vice president of interactive media at Eddie Bauer.

Part of the reason shoppers will find such an assortment of bargains online is that they have choices like never before. Many mainstream retailers have only recently opened Web sites.

Victoria's Secret, for instance, only introduced www.victoriassecret.com after Thanksgiving, but it is already offering the same discounts that are found at its stores. Its annual bra and underwear sale begins simultaneously at stores and the Internet site on Saturday.

For catalog retailers, the Internet permits them to start slashing slash·ing  
adj.
1. Bitingly critical or satiric: slashing wit.

2. Dashing; pelting: a slashing hailstorm.

3.
 prices even before their clearance catalogs arrive at shoppers' homes.

Lands' End
For other uses, see Land's End (disambiguation)
Lands' End is a clothing retailer based in Dodgeville, Wisconsin, that specializes in casual clothing, luggage, and home furnishings.
 already is discounting winter merchandise online, while its year-end catalog has yet to be mailed.

But not everyone is playing the pricing game on the Internet. While Macy's will slash prices at its stores, there won't be markdowns on its Web site.
COPYRIGHT 1998 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:BUSINESS
Publication:Daily News (Los Angeles, CA)
Date:Dec 26, 1998
Words:525
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