Internet Retailer - Strategies For Multi-Channel Retailing

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News Stories Thursday, January 10, 2002   
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CoolSavings expects a revenue increase of up to 50% for Q4

Chicago-based CoolSavings, which provides a consumer discount web site and several online marketing services for retailers, says it gaining significant momentum in its online efforts. CoolSavings reiterated its expected revenues for the fourth quarter, which the company says will be $6.0 to $6.5 million, a 40% to 50% increase compared to the third quarter.

CoolSavings is ranked as Jupiter Media Metrix’s top coupon site for the 22nd consecutive month and is ranked #2 as an incentive site. And it continues to bring in more retail business. Since the start of the fourth quarter, CoolSavings has added some high profile clients, including Kohls, Tide, The Gap and Old Navy.

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