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Monday, December 9, 2002
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The sites that stole Christmas
Holiday shopping defined by outlet malls of Amazon, eBay
By Sandeep Junnarkar, Staff Writer, CNET News.com, December 9,
2002, 4:00 a.m. PT
With two children under 3, it's a
struggle for Sawa Yamamoto to find the time to load her kids into a
stroller for a walk to the nearest shopping strip about a mile from
home....
Unbeknownst to millions of harried consumers this holiday season, a
quiet revolution is transforming the way people shop online. Despite
the erratic evolution of e-tailing, maturing strategies from a few key
survivors of the dot-com meltdown are allowing consumers like Yamamoto
to visit just one or two sites for all their shopping needs.
7:56:49 AM 
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Globe and Mail: BC hit by debit card fraud. Jane Armstrong reports on debit card fraud in British Columbia -- similar to earlier losses in the Montreal area.
Police in Montreal said debit-card fraud is skyrocketing, accounting for $37-million in losses this year, compared with $4.5-million in credit-card fraud. They say debit-card fraud there has jumped 25 per cent in the past year. Canada's banks won't say how much they have lost to debit-card fraud, but they're eating the losses. Fraud victims have been compensated and the banks don't want the thefts to scare people off using their cards. [Scott Loftesness]
5:56:13 AM
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Salt Lake Tribune: Gift cards convenience for shoppers. Sherri Goodman reports on the success merchants are having with gift cards.
Electronic gift cards and gift certificates are projected to be the third most purchased item by holiday shoppers, according to a November survey by the National Retail Federation (NRF). Clothing ranked No. 1, followed by books, DVDs and compact discs at No. 2 in the nationwide poll of 8,569 consumers.
John Bechard, president and chief executive of Salt Lake City-based Gift Check Solutions, agrees -- and has the numbers to back it up. The company, which specialized in gift certificates when it incorporated in 1998, has steadily shifted its focus from paper to plastic over the past two years. In 2000, 95 percent of Gift Check Solutions' business was in certificates and only 5 percent in plastic. In 2001, the business was split evenly between paper and plastic. This year Bechard estimates 90 percent of his clients want gift cards. [Scott Loftesness]
5:54:32 AM
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© Copyright 2006 Russ Savage.
Last update: 5/8/06; 9:00:00 PM.
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