CyberShop.com Ends Century With Year End Clearance Sale Plus Free Shipping Offer.Business Editors JERSEY CITY, NJ--(BUSINESS WIRE)--December 27, 1999 Online Retailer Offers Thousands Of Product Up To 90% Savings And Free UPS Ground CyberShop.com(R), Inc (Nasdaq: CYSP), a leading Internet retailer of branded merchandise (http://www.cybershop.com), announced that starting today it will countdown to the new Millennium with a store-wide sale representing 50% to 90% off manufacturers suggested retail prices. In addition, CyberShop.com will offer free shipping on all UPS ground shipments until midnight New Years Eve. CyberShop.com will conclude a successful holiday season by offering customers lower prices on already discounted merchandise. Top brands and designer names have already been reduced including all remaining Ralph Lauren/Polo items, Donna Karan Donna Karan is the fashion designer and the creator of the DKNY (Donna Karan New York) clothing label. She was born Donna Ivy Faske on October 9, 1948 in Forest Hills, New York. , Calvin Klein Noun 1. Calvin Klein - United States fashion designer noted for understated fashions (born in 1942) Calvin Richard Klein, Klein , Kenneth Cole Kenneth Cole is the name of:
Liz Claiborne Inc. , BCBG BCBG Bon Chic Bon Genre , Seiko, Calphalon, Westbend and many more. Customers will also be able to choose from CyberShop.com's remaining assortment of Pokemon packages and the Sega Dreamcast game console See video game console. . The free shipping offer is good for all UPS ground service and will end midnight on New Year's Eve. Using UPS ground CyberShop.com customers can expect their shipment within a 2-3 day delivery time. "By offering up to 90% savings on our remaining inventory, we hope to attract more new customers," said Jeff Tauber, CyberShop.com Chairman and 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. . "High shipping costs are one of the main reasons that customers abandon their transaction. Free shipping, for this week only, is a huge added incentive." About CyberShop.com CyberShop.com, a leading online retailer, operates three online stores. The flagship store located at http://www.cybershop.com offers designer and brand-name apparel, electronics, home accessories, toys, gifts and watches at deep discounts of 20%-80% off traditional retail prices. electronics.Net, launched in 1998, is located at http://www.electronics.net and offers a broad assortment of electronic brand name merchandise including television and video equipment, home and car audio equipment, housewares house·wares pl.n. Cooking utensils, dishes, and other small articles used in a household, especially in the kitchen. and small appliances, home office equipment and related accessories. In June 1999, CyberShop.com acquired tools-for-living.com, a direct to consumer marketer of high quality merchandise in personal care, health and home accessories. These products are promoted on the http://tools.cybershop.com site and through print media campaigns in national consumer magazines. 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. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, CyberShop.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, competition, risks associated with system development and operation risks, management of potential growth and risks of new business areas, and strategic alliances. |
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