elgato
Joined: 24 Feb 2005
Posts: 17240
Location: Texas
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| Posted: Thu Apr 28, 2011 7:43 pm Post subject: Sales remain flat for Overstock.com in the first quarter |
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Sales barely increased in the first quarter for Overstock.com, the retailer reported today. Overstock, No. 28 in the Internet Retailer Top 500 Guide, partly blamed the flat revenue figure on the penalty imposed by Google earlier this year over Overstock soliciting inbound links to boost search rankings, a violation of Google’s rules.
For the third quarter ended March 31, Overstock reported:
• Sales increased 0.5% to $265.5 million from $264.3 million in the first quarter of 2010.
more.. link to news article |
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