Facebook and Amazon Partner for Web Shopping 3.0

Facebook and Amazon announced today a new partnership that integrates Facebook Connect into Amazon shopping. Facebook users will be able to purchase products for their friends on Amazon and the e-commerce site will be able to show product recommendations for Facebook friends for even easier holiday shopping — although Amazon emphasizes it will not contact Facebook friends or reveal account history.

The Amazon and Facebook partnership exemplifies how companies can leverage existing strengths to ........read full article

Facebook tops 500 million users worldwide

Six years after getting its start in a Harvard dorm room, Facebook said it was aiming to have 1 billion members, matching the reach of Internet search giant Google Inc.

If it can keep up its current breakneck pace, a feat that would defy predictions from analysts, Facebook could reach that goal by next year......read full article

Do your shopping without going shopping!

As e-commerce continues to grow at robust rates — the sector posted a 10% year-over-year sales increase in the first quarter, according to market research firm ComScore Inc. — experts have predicted that online sales could grow to as much as 30% of total retail sales over the next few decades.

"The entire retail industry, in one way or another, is becoming driven by digital, and the days of just going to the store and shopping are really declining," said Andrew Lipsman, senior director of industry analysis at ComScore. "We're really at the tip of the iceberg."

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Retail chains are embracing their online stores

When shoppers at JCPenney Co. stores can't find what they want, sales clerks are steering them to the Internet — not at their home computers, but at new online kiosks right inside the stores.

Action sports retailer Zumiez Inc. has opened more than 200 stores over the last four years. But this year, it has scaled back its openings to focus on building its e-commerce sales.


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