Flipping Through History: Online Retailers Owe Popularity And Tax Treatment To Mail Order Catalogs – Forbes

Women thrive in China’s booming tech scene – Aug. 18, 2014

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It was copied by Richard Warren Sears in 1894 when the first Sears, Roebuck and Co. mail order catalog hit the post. The cover touted the catalog as the Book of Bargains: A Money Saver for Everyone. The next year, the catalog was chock full of items for sale, including eyeglasses together with a self-test for old sight, near sight and astigmatism. It was so popular that the company decided to do two catalogs in 1896, one for spring and one for fall, all up to date with the latest fashions. The catalog was so popular that it featured up and coming models and fashion icons as well as established stars. Among the list of celebrities who ended up on the pages of the catalog are blog Lauren Bacall, Susan Hayward, Gloria Swanson, Susan Dey, Cheryl Tiegs, Stephanie Powers, Roy Rodgers, Ted Williams, Al Unser, and Gene Autry. Scanned page of Sears, Roebuck and Company catalog, 1918.

Scanned page of Sears, Roebuck and Company cat...

My generation was blessed in another way. When we went to university, [Chinese reformer] Deng Xiaoping opened the door to students and we had an opportunity to go study in the United States. And then when I graduated from university, Silicon Valley was taking off. We were able to see the development of Yahoo ( YHOO , Tech30 ) and Google ( GOOG ) — all these great companies. A few years later, when the Internet bubble burst, China’s economy was booming, and I was able to use my skills to act as a bridge between the two cultures.

Online Marketplaces Facilitating Gun Sales Don’t Kill People. People Kill People – Forbes

English: Walther PPQ firearm

In 1996, Congress enacted 47 USC 230 (Section 230), which says that websites arent liable for third party content. Ordinarily, Section 230 protects online marketplaces from liability for user-to-user interactions gone wrong. See my prior post, Online Dating Websites Arent Required To Warn That Some Members May Be Murderers . To bypass Section 230, plaintiffs routinely allege that they are not suing the website for user posts, but instead they are suing for negligent behavior by the website. This negligence-based workaround doesnt work. See, e.g., Gibson v.

Wal-Mart Cuts Guidance On Weak Traffic, Higher Expenses And Slow Online Growth – Forbes

While this trend has hurt consumer spending at Wal-Mart, it has helped online sales of retail giants. During the quarter, Wal-Marts e-commerce business performed reasonably well, adding about 30 basis points to its U.S. comparable sales growth with double-digit rise in revenues. However, this growth was slower than the companys initial forecast of 30% growth for the year, which it has now revised to mid-20s. Nevertheless, Wal-Mart is trying hard to bolster its online channel to make it a valuable contributor in the future. Interestingly, Wal-Mart did not alter its small store expansion plans in the U.S.

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