Blue Nile Inc. is expected to unveil a major overhaul of its Web site Tuesday as the online jeweler tries to broaden its appeal, especially to women. But like other e-commerce sites retooling to combat slowing growth, it faces the tricky task of trying to make improvements without losing core customers.
The average Internet user in the U.S. spent more than 4.5 hours on Facebook in June, more time than he whiled away on Google, eBay, Yahoo and other online hubs, according to new data from Nielsen.
Amazon.com’s first-quarter earnings grew 24 percent to $177 million, compared with the year-ago period, while net sales rose 18 percent to $4.89 billion.
In a statement, Amazon CEO Jeff Bezos said sales of its Kindle e-book reader “exceeded our most optimistic expectations.”
Crazy recession. It’s gotten so that people have cut back on buying diamonds for the last few months–enough to put the near future of online diamond retailer Blue Nile in jeopardy. Jewelry retailers in general had a “horrid” October and November and expect an even worse December–some couples are even postponing their engagements because of job insecurity and economic uncertainty.
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