online promotions
Submitted by admin on Fri, 11/21/2008 - 12:18.
As deserted malls and department stores struggle to court cash-short consumers with steep discounts this holiday season, a similar and even more ferocious price war is being waged online.
Internet retailers, trying to navigate what is shaping up to be the first truly dreary holiday shopping season on the Web, are engaging in price-cutting and discounting so aggressive it threatens their profit margins and, in some cases, their survival.