| Overstock.com Lowers Auction Fees, Delays New-Feature Launch
Overstock.com will lower listing and commission fees for online-auction sellers effective April 10, 2007. The head of Overstock.com Auctions Meghan Tuohig also announced on discussion boards the launch of 1-day auctions and the delay of the long-promised bid cancellation feature and Classifieds. Listing fee decreases range from zero to 7 cents, depending on the starting price. For example, for items with a starting price of less than one dollar, listing fees will go from 17 cents to 10 cents. Closing (commission) fees will also be lowered, with the first tier commission (for items selling for between one cent and $25) going from 3.25 percent to 3 percent. When Overstock.com launched its Auctions platform in September 2004, online-auction sellers in some categories hoped they could migrate their businesses from eBay to Overstock Auctions.
Wal-Mart may enter bidding for UK's Sainsbury chain
It looks like global retailer Wal-Mart Stores Inc. (NYSE: WMT), owner of the UK-based retailer Asda, may be looking to see if it can enter the bidding war for struggling UK-based supermarket chain J Sainsbury PLC. Wal-Mart seems intent on growing its international presence in markets like China, India and Europe as sales and profit growth in the U.S. remained quite tepid in recent quarters.The retail food industry has relatively thin margins usually, which makes Wal-Mart's interest in acquiring part or all of Sainsbury intriguing. It may be part of a survival tactic in the European market, as Sainsbury's likeness has been crushed a great deal in recent years by competitor Tesco, UK's largest supermarket chain.Will Wal-Mart's Asda branch end up entering the battle for control over Sainsbury? The move would have to be approved by British regulators first, but I'd expect Wal-Mart's interest in Sainsbury to remain unless it'd be denied by regulators.
Did US Attorneys Do Rove's Bidding?
The Nation -- The real story of the U.S. Attorneys scandal that has so endangered the tenure of Attorney General Alberto Gonzales is not that of the eight fired prosecutors. It is that of the 85 U.S. Attorneys around the country who were not let go. .
US Army Pre-Game Camo Jersey Auction Raises $20250 for the Active ...
Wednesday, April 18th: Condors Community Relations Manager Jill Watts will attend a meeting for Jr. Achievement at 8 a.m. to help plan a charity bowling tournament.The funds will go towards enhancing the lives of the youth in Kern County. Stay tuned for updates regarding the event's date and time. Thursday, April 19th: Condors player Alex Rogosheske will be live on KGET-TV 17 News At Sunrise at 6:40 a.m. to discuss the team's strategy for knocking the Fresno Falcons out of the first round of playoffs. In addition, Rogosheske will show off the Condors rally towel that will be given away to all fans who attend that game that night, courtesy of KGET-TV 17 and Goodwill Industries. Thursday, April 19th: Listen to the Condors Coach's Show on KGEO Hot Talk AM 1230 at 6 p.m. or live inside the Holliday Inn Select's Q.
|
