sale

GraysOnline aims to be Australia's Amazon

December 28, 2009 - 4:42pm | News | Other themes

Nothing sums up the aspirations of the fast-growing auction business GraysOnline quite like its recent Project Murray.
The codename for the group's recent move to offering fixed-price sales to complement its existing internet auctions was in sly reverence to the US virtual store Amazon.com, which GraysOnline chief executive Cameron Poolman considers to be the best in the business.
"We called it Project Murray because we see ourselves as the little Aussie Amazon," he told.
"And we think that we can position ourselves as the Australian Amazon."

Amazon | e-commerce | GraysOnline | online retail | sale

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'Millions' spent on last-minute Christmas

December 25, 2009 - 11:19am | News | Other themes

Shoppers will have spent £951,000 per minute on Christmas Eve on last-minute shopping, research suggests.
Sainsbury's Credit Cards say 19% of the nation's adults intended to do some of their seasonal shopping on Thursday, spending about £1.37bn.
More than 13m people were expected to do Christmas Eve shopping, spending the equivalent of £57m an hour.
Financial data firm Experian said consumers were making the most of this year's final few shopping days.

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JPMorgan arranges largest sales of its real estate

August 12, 2009 - 5:46am | Banks and internet banks | News

According to the Wall Street Journal Tuesday report, JPMorgan Chase & Co is considering to sell 23 office properties in what may be the country's largest office real estate sale this year.

The bank will have to provide incentives, such as a sale-leaseback transaction, to sell some of the buildings, real estate experts claim.

Thus, the property on offer would total the amount of over $1 billion.

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GM’s best assets sale deal is to be completed Friday

July 10, 2009 - 5:58am | News | Other themes

According to a statement of the Treasury representative General Motors Corp.’s best assets bid is to be finished today. As it’s known, assets are to be sold to a new company that’s majority-owned by the US government.

GM intended to discuss its plans at a Detroit news conference at 9 a.m. Friday. The company was to review proposed products and management changes, including the retention of Bob Lutz, GM’s former automobile king, as a full-time executive, who retired at the end of 2008 at the age of 77.

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Skype might be sold to its former owners

April 13, 2009 - 2:28am | News | Other themes

Media reports say that the founders of the prominent Internet telephony service Skype are seeking to buy their company back. According to the New York Times co-founders Niklas Zennstrom and Janus Friis have contacted several private equity firms in order to make a bid for the company they sold some four years ago.

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