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Of all the e-commerce pioneers that have tried to appeal to the public, perhaps none has had such an arduous climb as luxury e-tailers. After all, how much do we expect a customer who has made shopping at Saks Fifth Avenue in New York City a part of his or her regular routine to transfer the experie...

Online grocer Webvan warned Tuesday that its fourth-quarter revenue will fall short of expectations, but said that it anticipates a lower-than-expected loss per share. The Foster City, California-based company said that it believes fourth quarter losses will be approximately 23 cents per share, wit...

Adding more figures to what has become a blur of holiday projections and pronouncements, a preliminary report released Monday by the Boston Consulting Group (BCG) and Shop.org shows that online revenues for the 2000 holiday season were up 76 percent over the previous year. Revenues did not rise as ...

Although an increasing number of Internet users have turned to the Web to make sense of wild stock market swings in recent months, many consumer investors have grown dissatisfied with financial services sites, according to a report released Tuesday by Gartner Group-owned research firm cPulse. B...

Internet-based home delivery service Kozmo.com joined the long list of e-commerce companies to announce layoffs Monday, announcing that it will cut 120 workers and cease services in two U.S. cities. "Like any retailer, Kozmo is continually evaluating our strategy," spokeswoman Stephanie Cohen G...

Amazon.com issued a preliminary report Monday about its fourth-quarter performance that showed holiday sales were not strong enough to power results past Wall Street estimates, reportedly prompting analysts at three securities firms to downgrade the stock. The Seattle, Washington-based e-tailer sai...

BEA Systems, Inc. fell 7.19 to 46.44 Monday following reports that analysts at Wit Soundview and Prudential Securities issued cautionary notes on the stock. At Prudential, analyst John McPeake reportedly lowered his price target for the stock to US$85 from $100, while maintaining a strong buy ratin...

WebMD Corp. (Nasdaq: HLTH) rose 0.72 to 8.34 Monday after the Internet health company said it will lose less money in the fourth quarter than previously thought. Chief executive officer Martin J. Wygod said preliminary calculations show the loss before depreciation, amortization, restructuring and ...

i2 Technologies, Inc. was up 1.19 at 41.94 early Tuesday after the e-commerce software maker said fourth-quarter revenue and earnings will beat analysts' forecasts. i2 said it expects revenue to top US$370 million, which is above the $342 million predicted by analysts. Revenue for the full year, th...

Online sales for health and beauty products e-tailer Drugstore.com in the fourth quarter of 2000 totaled more than US$35 million, approximately a 90 percent increase over sales in the same quarter of 1999, the company announced Monday. Morningstar.com analyst David Kathman told the E-Commerce Times...

MVP.com announced Monday that it has laid off 36 more employees as part of a restructuring plan the online sports e-tailer began in December, when it laid off 79 people. MVP.com spokesperson Paula Davis told the E-Commerce Times that the layoffs were across all departments and all levels. The spor...

Despite the economic downturn and a generally gloomy outlook for the dot-world, companies around the globe will increase their spending on business-to-business (B2B) e-marketplaces from US$2.6 billion in 2000 to $137.2 billion by 2005, according to new data from Jupiter Research. Spending in N...

Internet brokerage firm Ameritrade Holding Corp. (Nasdaq: AMTD) announced Monday that it has cut more than 230 full-time employees from its payroll, or roughly 9 percent of the firm's more than 2,500 workers. In addition, Ameritrade said that 100 temporary employees will be let go. "We took this...

For e-commerce firms, downtimes are the worst of times. However, some companies are fighting back by questioning why the Net is being held to higher standards than the rest of society.

Computer products e-tailer Egghead.com said Monday that no credit card data was breached when its systems were broken into in an alleged hacking last month. Egghead did concede that some credit card accounts that appear in its system had shown questionable activity, but that it was unrelated to the...