Buyitnow.com and The Cosmetics Plus Group Join in Strategic Partnership to Form Online Cosmetics Retailer: Cosmeticsplus.com.TULSA, Okla.--(BUSINESS WIRE)--Sept. 29, 1999-- BuyItNow.com Inc., a leading online retailer of brand-name products, and The Cosmetics Plus Group Ltd., the premier New York-based cosmetics and fragrance innovator and retailer, Wednesday announced that they have joined in a strategic partnership to launch Cosmeticsplus.com L.L.C., an online cosmetics and fragrance retailer. Cosmeticsplus.com is scheduled to launch its Web site by the end of October 1999. Cosmeticsplus.com will offer full merchandise assortments in fragrance, cosmetics, professional haircare accessories, and bath and personal care products, with information on the latest fashion and beauty trends and product information to consumers worldwide. The site will provide detailed and user-friendly information on a wide variety of products, as well as application tips, health-related issues and trend-breaking news. In addition, the Web site will link a toll free "Ask Ingrid" help line to handle consumer questions and concerns. "Ask Ingrid" is a weekly column currently running in the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Times and is followed by thousands of readers. Customers will have the opportunity to access the Web site at the www.buyitnow.com "Web Plaza(R)" or directly at www.cosmeticsplus.com. Eric R. Weiss, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Buyitnow.com L.L.C., said: "We are very pleased to partner with The Cosmetics Plus Group Ltd. Cosmetics Plus brings over 25 years of retailing expertise, the industry's best selection of brand-name products and tremendous visibility to consumers throughout the world due to their attractive, high-profile storefronts in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . With this launch, Buyitnow.com continues to expand our already broad base of stores in high-margin categories." Ron Scharman, COO of The Cosmetics Plus Group, said: "Recognizing the power of online shopping into the new millennium, a relationship between Buyitnow.com and The Cosmetics Plus Group is a natural win-win situation for both companies and our customers. "By creating online accessibility to our products and combining them with BuyItNow's reputation for superserving its customers through its unique `e-rep' program, we will be able to offer our customers a smart and affordable shopping alternative." Randy Jo Wilcox, president and COO of Buyitnow.com, said, "We feel the Cosmetics Plus brand name, broad selection and value pricing For the strategic management concept, see . In public roads and transport, value pricing or road pricing is the practice of raising funds by charging users directly rather than via taxation. will make a great addition to our `Web Plaza(R)' and attract the growing number of women who shop online." About Buyitnow.com Buyitnow.com, housed at www.buyitnow.com, features thousands of brand-name products as well as unique, hard-to-find items. Twelve stores are currently open, with five additional stores to be launched systematically over the next few months. The site is particularly acclaimed for its customer-friendly online experience, which allows live chats with "e-reps," who are highly trained personal shopping assistants Personal shopping assistants are employees in some retail stores that can help busy people shop. Many times, a customer can call a personal shopping assistant and the shopping assistant will have a selection of products already lined up when they enter the store. . All stores are linked through real-time fulfillment and a unified shopping cart. Buyitnow.com L.L.C. is 48.7 percent owned by e4L Inc. (NYSE NYSE See: New York Stock Exchange :ETV ETV abbr. educational television ETV n abbr (US) (= Educational Television) → televisión escolar ETV n abbr (US) (= Educational Television ), the world's largest publicly held direct-response television company selling consumer products via television, radio and the Internet. Other strategic partners include Clear Channel Communications Not to be confused with clear channel radio stations, which are AM radio stations with certain technical parameters. Clear Channel Communications (NYSE: CCU) is a media conglomerate company based in the United States. (NYSE:CCU CCU abbr. 1. coronary care unit 2. critical care unit CCU critical care unit. CCU Critical care unit, see there ), NBCi's Snap.com and Xoom.com. The "stores" in its "Web Plaza(R)" include: -- ElectronicCentral.com (cameras, security systems, stereos, etc.) -- ForAKid.com (arts and crafts arts and crafts, term for that general field of applied design in which hand fabrication is dominant. The term was coined in England in the late 19th cent. as a label for the then-current movement directed toward the revivifying of the decorative arts. , preschool, stuffed animals, toys, etc.) -- ForTheKitchen.com (bakeware, cookbooks The following is a list of cookbooks, sorted alphabetically by author's surname. This is not a list of external links to commercial sites; please list only cookbooks here. This literature-related list is incomplete; you can help by [ expanding it]. , cutlery, gourmet gadgets, etc.) -- Gift-O-Rama.com (cigars, collector items, games, personal care, etc.) -- HouseDecor.com (candles, Christmas, clocks, lamps, vases, etc.) -- OutsideLiving.com (barbecues, landscaping tools, furniture, etc.) -- Tooling Around (automotive, cordless tools, power tools, etc.) -- YourHomeCenter.com (bath fixtures, ceiling fans, heaters, lighting, etc.) -- Completeluxury.com (upscale, unique and hard-to-find items, etc.) -- As Seen On TV (e4L's exclusive As Seen On TV products) -- PetsDeluxe.com (pet supplies: dog & cat collars, pet toys, shampoo, etc.) -- TheSportsPlace.com (sporting goods Noun 1. sporting goods - sports equipment sold as a commodity commodity, trade good, good - articles of commerce sports equipment - equipment needed to participate in a particular sport : golf, tennis, camping, biking, etc.) About Cosmetics Plus Group Cosmetics Plus is a total beauty emporium that offers an exciting assortment of cosmetics, fragrance, professional haircare, health and beauty, and bath and body products as well as related accessories in a unique boutique setting. Founded in 1972 by the husband and wife team of Robin and Toby Bartosh, the company's retail operations have grown to include 25 stores operating in New York, California and Massachusetts. Long recognized as an innovator and leader in the cosmetics and fragrance retail trade, the chain's strong reputation has been acknowledged by being awarded the prestigious FIFI FIFI Fire Fighting FIFI Far Infrared Fabry-Perot Interferometer Award as "Best Retailer" of the year by the Fragrance Foundation, and in 1997 it was awarded the Superstar Award in the Parfumerie category. This news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. regarding potential future events and developments affecting the business of Buyitnow.com L.L.C. The company wishes to take advantage of certain "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions regarding forward-looking statements. Examples of forward-looking statements include, but are not limited to, (i) projections of revenues, income or loss, profitability, earnings or loss per share and other financial indicators, (ii) statements of plans or objectives of the company's management or board of directors and (iii) other statements about the company. |
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