CRN today reported Aussie manufacturer and online retailer of consumer electronics, Kogan, is opening a US warehouse which will pave the way for the company’s global expansion.
Kogan’s Australian head office will manage the Kentucky-based warehouse and products manufactured in China will be shipped directly to the US.
Ruslan Kogan founder and CEO said the company is in the final stages of opening the US branch after three years of growth in Australia.
He said the US market is 20 times bigger than the Australian market and shoppers purchase online there, which directly …

Overstock.com, Inc. today announced its launch of international sales to customers in Australia, Hong Kong, and Singapore. This announcement now brings to 37 the total number of countries in which Overstock is selling products to customers.
These International shoppers can now search, browse and purchase over 600,000 quality discount products, all priced in local currency, from the company’s website: http://www.overstock.com.
“International markets are underserved by online retail,” said Patrick Byrne, Overstock.com chairman and CEO. “With the weakness of the dollar the time has never been better for international customers to buy bargain …

US internet social networking giant MySpace plans to cut 500 jobs, nearly 30 per cent of its US staff, in a restructuring aimed at boosting efficiency.
MySpace, a unit of media magnate Rupert Murdoch’s News Corporation, said it was cutting payrolls “as part of a plan to restructure itself into a more innovative, efficient, and entrepreneurial business”.
The restructuring plan affects all US divisions of the company and the round of job cuts will lower the domestic workforce to 1,000 employees, it said in a statement.

The economy is forcing online retailers to change their marketing tactics in order to acquire and retain customers, according to findings from The State of Retailing Online 2009, the 12th annual Shop.org study conducted by Forrester Research Inc. (Nasdaq: FORR). The survey of 117 online retailers also found that, while the number of companies focusing on customer retention has nearly doubled in the past year, many retailers see the recession as an opportunity to capture market share from weakened competition.