Geeknet terminates a purchase agreement with Hot Topic and accepts a $20 per share bid by GameStop.
Vitacost.com, an online vitamin and diet supplement retailer, reports online sales of $60 million for 2006, up 61% from 2005.
Vitacost.com reports online sales of $60 million for 2006, up 61% from 2005, according to preliminary results from the 2007 Internet Retailer Top 500 Guide to Retail Web Sites.
Total sales for 2006 were $66.8 million, up 63% from 2005 sales of $41.8 million. Vitacost.com, No. 188 in the Internet Retailer Top 500 Guide to Retail Web Sites, sells vitamins, diet supplements and other health products online and via catalog.
Multiple distribution centers that enable order delivery in one to four business days and shipping more than 90% of orders on the day of receipt contributed to the sales increase.