March 13, 2001, 12:00 AM

buy.com completes sale of its U.K. operations

Buy.com completed the sale of buy.com UK to the John Lewis Partnership, Britain`s leading department store group.

Buy.com completed the sale of buy.com UK to the John Lewis Partnership, Britain`s leading department store group and the owner of the Waitrose supermarket chain. The John Lewis Partnership will develop its Internet offer based on the buy.com UK technology and customer service platform. The existing buy.com UK business will continue in parallel with the John Lewis business. The two businesses will maintain their own distinct web sites. The terms of the deal remain confidential. The UK operations will not require any further cash investments from buy.com US, allowing the company to focus its resources on its domestic U.S. business.

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Puneet Mehta / Mobile Commerce

Keeping the creepiness out of mobile marketing

A mobile marketing expert offers five tips to retailers on how to approach new marketing ...

FPO

Jacques van der Wilt / E-Commerce

How to quickly improve your ROI on Google Shopping

Don’t just track category ROI. Look at ROI by product to maximize profits. Just one ...

Advertisement