Retailers, consumers and prices
The No. 2 U.S. bookstore chain’s electronic bookstore comes nine months after rival Barnes & Noble debuted its Nook e-reader and three months after Apple introduced its popular iPad tablet computer, allowing both companies, and Amazon.com, which sells the Kindle e-reader, to get a head start.
No worries, says Borders, which saw sales at its namesake superstores open at least a year and on its website fall 11.4 percent in the first quarter.
“We’ll take market share just by turning it on,” said Mike Edwards, president of Borders Inc, the company’s main operating business.
Edwards said Borders had data and email addresses for the 38 million customers in its loyalty program and about 700 stores at which to promote its virtual bookstore, which will help it catch up. The company’s goal is to secure a 17 percent share of the e-book market by July 2011.
Check out the cautious notes being sounded in the global luxury market.
Industry executives voiced concerns about everything from unemployment to Europe’s brewing economic crisis, but are nonetheless banking on growth from China and a recovering U.S. market.
Leading officials speaking at the Reuters Global Luxury Summit said the debt crisis in Europe is threatening to halt luxury’s rebound, but demand for fine merchandise was picking up in the United States while China’s shoppers were venturing frequently into Tokyo for top brands.
You’ve got the hottest new gadget in town. Now where do you put it?
Inside an iPAD-compatible vest, of course.
Ketchum, Idaho-based Scottevest, which debuted a line of clothing in 2005 that was compatible with the smaller iPod, has introduced “outerwear” with a large interior pocket that holds Apple‘s latest device securely without damaging the screen.
“If you’re going to carry it around all the time, you don’t want to carry it in a purse,” said Chief Executive and Founder Scott Jordan. “I don’t think men want to carry around a purse.”
The app has already been downloaded “tens of thousands” of times since the launch of the iPad on Saturday, said eBay’s vice president of mobile, Steven Yankovich. Currently, eBay is No 11 in the list of free iPad apps, he said.
...this guy in the hat. Sitting among Saturday strollers on New York's Fifth Ave. He's one of the 10 or so sitting in front of the Apple Store more than 18 hours before it will open for the first day of iPad sales. Oops, it looks like the dot.com ad on his hat is not the only surprise of the day. Sorry MediaFile readers, we only report the news. Sorry it wasn't the cute kid on the left.
Check out how the long wait for the iPad is nearing its end.
Best Buy and Apple’s own stores will begin selling the much-hyped iPad tablet computer on Saturday morning.
Apple said on Monday that versions of the device with Wi-Fi wireless Internet capabilities will be available in all 221 U.S. Apple retail stores and most Best Buy stores, for prices ranging from $499 to $699. Models using 3G wireless systems will hit stores in late April.