Archive for the ‘Commerce’ Category

Chamber of Commerce’s new office to be open during Fallfest

Saturday, September 24th, 2011

Though the official grand opening has been postponed because of
delays in construction, the public can still get a glimpse of the
Carroll County Chamber of Commerces new office at 9 E. Main St. in
Westminster this Friday.

Mike McMullin, president of the chamber of commerce, said
construction delays made it difficult to unpack, decorate and
organize an official grand opening party, but the office will be
open 4 to 6 pm Friday for members and guests, and anyone else can
stop by between from 6 pm to midnight, he said.

Commerce Ministry says worried Europe debt crisis will hit China’s exports

Friday, September 23rd, 2011

BEIJING, China – Chinas Commerce Ministry said Tuesday it is worried that Europes debt crisis could spill over into trade friction and hurt the countrys exports.

The comments from ministry spokesman Shen Danyang come as debt-laden European countries fight Beijing over trade barriers, and as the US prepares a retaliatory trade measure against China.

A statement released by the office of US Trade Representative Ron Kirk said he will announce a major trade enforcement action against the worlds No. 2 economy at a press conference later Tuesday.

The European Union and US have long complained about Chinas restrictions on foreign companies that include obstructing access to its markets in violation of free-trade pledges and pushing foreign companies out of promising fields such as clean energy.

US Ambassador to China Gary Locke said in a speech Tuesday in Beijing that such practices will hinder Chinas development and innovation.

Chinas current business climate is causing growing frustrations among foreign business and government leaders, including my colleagues in Washington, said Locke.

He said Chinas lack of openness in many areas of society and its economy will lead to less innovations from Chinese businesses, fewer opportunities for the Chinese people and slower growth for the economy.

Lockes comments come at an especially sensitive time as foreign governments look to Chinas relatively robust economy to help drive global growth amid fears of a worldwide recession.

Shen, the commerce spokesman, told a regular news conference that he was worried about the debt problems in Europe.

As the crisis within the EU intensifies … bilateral trade friction may be increased, which is detrimental to China-EU economic and trade relations, he said.

Of course, we believe theres opportunity in the crisis. Everyone can work hard together to turn the crisis into an opportunity.

Shen also said China is disappointed that it has not been recognized as a market economy under world trade rules by the EU, despite its rapid economic transformation.

After 30 years of reform and opening up, China has completed the transformation from a planned economy to a market economy, but the EU still does not recognize Chinas full market economy status. China is very disappointed, Shen said.

Beijing is Washingtons biggest foreign creditor and has appealed to US leaders to avoid taking steps in response to its economic woes that might erode the value of the dollar and Chinas Treasury debt and other US assets.

The state-backed Peoples Daily reported Tuesday that China will continue to buy US Treasuries.

___

Associated Press researcher Yu Bing contributed to this report.

___

Follow Chi-Chi Zhang at http://twitter.com/thunderchi

SDL Enterprises Announces 4 New e-Commerce Web Sites

Tuesday, September 13th, 2011

SIOUX FALLS, SD, Sept. 6, 2011 /PRNewswire/ — South Dakota -based e-commerce company, SDL Enterprises LLC, has announced the launch of 4 new Web sites: www.SDLonlineshopping.com, www.DebbysCandles.com, www.MasterManagementGroup.com/02660, and www.ShopFromMySite.com/10367laf.

Founder and President of SDL Enterprises LLC, Stephen Lafleur said, We are committed to providing our customers with great internet deals. Our four web sites share high quality products and services that everyone is sure to enjoy around the holidays.

SDLonlineshopping.com is an e-commerce shopping mall, offering products within numerous categories including: apparel and fashion, automotive, beauty, bed and bath, consumer electronics, jewelry and watches, household products, perfumes and fragrances, pet supplies, sporting goods, toys, collectibles and more. The expansive variety of products found on the Web site eliminates a customers need to shop on multiple sites, therefore saving them time and money.

ShopFromMySite.com/10367laf, another e-commerce shopping mall, offers an extensive inventory of products at low prices by comparing products, customer reviews and merchant sales on behalf of its customers.

DebbysCandles.com sells candles, scented candles, candle holders, scented candle jars, tealight candles and flameless candles. Whether you are searching for the perfect holiday gift, or shopping for yourself, we have the candles you are looking for. We have a variety of scents, styles and designs to complement any occasion, states Debby Lafleur, co-founder of SDL Enterprises LLC.

MasterManagementGroup.com/02660 is a Web site design company, offering domain registration, web site hosting, graphic design, 3D animation, search engine marketing, merchant account setups, web programming and more. Custom priced service plans can be developed based on a customers budget.

New products are added to all of the SDL Enterprises Web sites periodically and items purchased can be shipped anywhere in the United States and Canada. In addition to online sales, a customer service team is available during normal business hours for customer support and can be contacted through the separate sites.

For more information on SDL Enterprises LLC and its newest Web site developments, visit www.SDLonlineshopping.com, www.DebbysCandles.com, www.MasterManagementGroup.com/02660 and www.ShopFromMySite.com/10367laf. A representative of SDL Enterprises LLC is also available by calling 888-794-0830.

SOURCE SDL Enterprises LLC

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Easton Sports Names John Graham Senior Vice President of Commerce

Friday, September 9th, 2011

VAN NUYS, Calif., Sept. 6, 2011 /PRNewswire via COMTEX/ –
Easton Sports, Inc. – a developer, manufacturer, marketer and distributor of baseball, softball, hockey, and lacrosse equipment for both sports professionals and enthusiasts — today announced that John Graham has been named Senior Vice President – Commerce, effective mid-September. Reporting to Chris Zimmerman, president of Easton Sports, Graham will lead the sales teams across the sports it serves.

“John has a diverse sales background, having worked in the European, Canadian and U.S. markets. His breadth and depth of brand and sales management experience will strengthen our ability to become a more effective partner across our diverse set of retail accounts,” said Zimmerman. “This is the first time all Easton sales organizations will be under one leader, which will bring sales consistency and integration across the Easton brand and help us further leverage key product launches.”

Prior to joining Easton Sports, Graham spent 18 years with Nike Inc., where he held progressive management positions in sales, operations and merchandising. His most recent role was Commercial Director of Action Sports. Graham’s prior Nike roles include: Director of Apparel Sales – North America; Director of Sales – Canada; and USA General Merchandise Manager – Foot Locker Inc. Graham has also held executive positions with Reebok and Warnaco Group, Inc. He holds a Bachelor of Arts degree in Political Science from Boston College.

About Easton Sports

Easton Sports is a developer, manufacturer, marketer and distributor of baseball, softball, hockey, and lacrosse equipment for both sports professionals and enthusiasts. Easton Sports focuses on its ability to innovate and create products of unmatched quality and performance including the #1 bat in the College World Series®, Women’s College World Series®, Little League World Series®, and Slow-Pitch Softball, as well as the #1 stick and #1 glove in the National Hockey League. Headquartered in Van Nuys, Calif., Easton Sports employs over 1,200 people worldwide and maintains facilities in Utah, California, Mexico, Canada and Asia. For further information, please visit the company online at
www.eastonsports.com .

Contact: Matt KovacsFormula PR(310) 578-7050kovacs@formulapr.com

SOURCE Easton Sports, Inc.

Copyright (C) 2011 PR Newswire. All rights reserved

ChannelAdvisor CEO Elected to Shop.org Board of Directors

Friday, September 9th, 2011

RESEARCH TRIANGLE PARK, N.C., Sep 06, 2011 (BUSINESS WIRE) –
ChannelAdvisor, a global e-commerce platform provider that helps
retailers sell more across online channels, today announced that CEO
Scot Wingo has been elected to Shop.org’s Board of Directors in one of
the five coveted non-retailer positions. Wingo was elected to the
20-member Board by existing Shop.org members along with executives from
Google, Nordstrom, JCP.com, Tory Burch, PETCO, Crate and Barrel and more.

“I am absolutely honored to join a board of such diverse executives and
e-commerce leaders to serve the Shop.org members and continue the
development of such a prestigious program,” said Wingo. “I look forward
to collaborating with these other industry leaders to influence and
inform many of the top issues facing the world of e-commerce.”

Wingo met high standards of qualifying criteria based on his past
contributions to Shop.org and significant industry leadership, influence
and innovation. Each member of the Board is considered a groundbreaker
in his or her respective area of expertise in the e-commerce industry.

“Shop.org’s Board of Directors has a tall task of looking ahead to
what’s next on the digital retail horizon, and I can think of no better
group to provide strategic insights than the executives elected to serve
on this year’s Board,” said Matthew Shay, President and CEO of the
National Retail Federation. “We are thrilled to welcome Scot Wingo to
Shop.org’s Board of Directors given his vast e-commerce experience and
significant support of the Shop.org community.”

Members of Shop.org’s Board of Directors, which is composed of the CEO
of the National Retail Federation, 13 retailers and five vendors,
collaborate to provide strategic guidance and support for Shop.org’s
programs and services, feedback on the membership experience and support
of Shop.org programs and services. To view the full list of Shop.org’s
Board of Directors, visit
www.shop.org/About/BoardofDirectors .

When not fulfilling his Board duties, Wingo leads ChannelAdvisor in its
mission to provide retailers and manufacturers with the software and
services needed to successfully sell their products through online sales
channels. Today, ChannelAdvisor powers more than 3,000 retailers
globally, including some of the largest, most successful retail brands
such as Dell, Victoria’s Secret, Under Armour, Staples, Crocs, Bed, Bath
& Beyond, Jos. A. Bank, Urban Outfitters and more.

For more information on Scot Wingo or to learn how ChannelAdvisor’s
leading multichannel platform solutions and services help your products
be seen, visit
www.ChannelAdvisor.com .

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Connect on LinkedIn

About ChannelAdvisor

ChannelAdvisor is a global e-commerce platform provider that helps
retailers sell more online through channels such as marketplaces, paid
search and comparison shopping, and with webstores and rich media
solutions. Widely respected as a trusted advisor for more than 3,000 top
e-commerce brands, ChannelAdvisor calms the chaos of online selling by
enabling retailers to submit one inventory feed to the ChannelAdvisor
platform where it is translated to fit the specifications of hundreds of
e-commerce channels and distributed accordingly. In 2010, ChannelAdvisor
managed $2.8 billion in gross merchandise value (GMV) on behalf of
retailers of all sizes including Saks, Dell, Brookstone, and more than
30 percent of the Internet Retailer Top 500 online retailers.
ChannelAdvisor is headquartered in Research Triangle Park, NC with
offices in New York, Seattle, Australia, Ireland, Germany and the United
Kingdom. For further information, visit
www.channeladvisor.com .

SOURCE: ChannelAdvisor

ChannelAdvisor
Delisa Reavis, 919-636-0659
delisa.reavis@channeladvisor.com

Copyright Business Wire 2011

Haley’s Trip to Paris Cost Taxpayers $127000

Thursday, September 8th, 2011

Gov. Nikki Haleys economic development trip to Paris and Germany in June cost taxpayers at least $127,000. That number will go higher because the state Commerce Department says expenses from the trip are still being submitted and Commerce covered many but not all of the governors expenses.

The trip to the Paris Air Show was for the governor, Commerce Secretary Bobby Hitt and other state and local officials to meet with businesses at the air show and elsewhere in Europe.

According to Commerce, the expenses included more than $25,000 for the state to host a reception for foreign business leaders. According to a published report in Charlestons Post and Courier, there were also cocktails at the Ritz hotel in Paris, stays in five-star hotels and dinner in a rooftop restaurant.

In an exclusive interview with 7 On Your Side Tuesday afternoon, Gov. Haley said, I mean the truth was there were no fancy dinners. We didnt get to see the Eiffel Tower. We saw no tourist attractions. A lot of what it was was work. It was meeting with company after company saying, How can we be part of your business plan?

The Commerce Department says the governor dropped in to the Ritz briefly to meet with a company before going to the South Carolina reception at the Hotel de Talleyrand.

John Crangle, South Carolina director for the government watchdog group Common Cause, says, I fully agree that the governor and the Department of Commerce need to aggressively recruit businesses to South Carolina and to try to get existing businesses to expand. The question is whether or not the money that was spent was excessive and whether or not the money brought a commensurate benefit.

Gov. Haley says she made agreements with companies while on the trip to come to South Carolina and will announce those new jobs in the coming months, but she wont name the companies now or reveal how many jobs theyll create so as not to compromise the deals.

Bob McAlister, who was chief of staff for former Gov. Carroll Campbell, says Campbell was criticized the same way when he was taking economic development trips to Germany. Then he announced that BMW was moving to South Carolina, creating thousands of new jobs. The company has since expanded several times, creating even more jobs and attracting other suppliers.

McAlister says, The big, major corporate conglomerates are in Europe and Asia. You cant call them and talk to them over the telephone and expect them to listen to you. You have to go to them. You have to do it in a style that suits them.

He says the criticism is silly when you look at the jobs the states economic development trips have attracted.

Gov. Haley says those past economic connections even helped keep costs down on this trip, as BMW provided state officials free vehicles to use and got the group a hotel discount. Still, the governors average daily hotel bill was $430.

Crangle says, If it turns out that the state ends up with 100-, 200-, 300-billion dollars in recruiting of new businesses, $125,000 is chump change. But if they end up with nothing, I think the wisdom of the trip and the expenditures needs to be closely examined.

Gov. Haley says, We are about to bring great jobs to South Carolina. What I can tell you is dont believe everything you read and judge me by my results. Were going to have a lot of results to show for it.

Let’s go swapping: Original commerce goes online

Wednesday, September 7th, 2011

Joan Moore got to the recent green festival in Phoenixville, Pa., early so she could set up the clothing swap.

Good thing.

Before I knew it, I was surrounded by bags of clothes, she recalls. People brought so many clothes that she abandoned the rule that you had to bring some to get some.

It was too much to even take back to her vintage clothing and consignment shop, the Lulu Boutique, in Phoenixville. She began telling everyone, Please look. If youre interested in anything, take it!

The nations traditional economy isnt so good. But its swap economy seems to be thriving.

People swap not just clothing, but also books, movies, games, toys, tools and more.

They swap in person. And online.

Its something thats going to continue to grow, said Perry Lowe, a marketing professor at Bentley University in Waltham, Mass. Its for real.

Hes studied the swap economy, and while many probably started to swap to be frugal, its becoming more and more a matter of being green.

Its now, quite frankly, cool and important, he said.

Lisa Gansky – who once owned seven bicycles – would agree. She thinks were on a stuff hangover. Now were trying to make sense of it.

Or just get rid of it.

She looks at the swapping economy a little more broadly, including sharing and renting possessions – as in the Vancouver family who rented their parking space during the 2010 Olympics.

My way of thinking about it is that unused value is waste, she says.

Ganskys 2010 book, The Mesh (Portfolio Trade, $15), explores the swap/share/rent economy as a new business model.

Were shifting to a world in which access to goods, services, and talents is going to triumph over the ownership of them, she says.

Technology is helping.

Consider, Gansky says, doing a search for a lawn mower on a smartphone.

Instead of finding three nearby places to buy one, as you would have a few years ago, what if you found three neighbors who would rent or lend you one instead? Or swap it for use of your snowblower come winter?

Gansky sees this not as anticapitalism, but as a shift. Some swapping is free, but theres also money to be made here.

Her website – http://meshing.it/ – lists about 5,000 businesses and communities in 32 categories that have entered this world of trades, transfers, and shares.

Sites such as www.Thredup.com for swapping childrens clothes are popular, considering how fast kids grow.

Gansky talks of office-swapping for business travelers.

One permutation is communal possessions. Annie Leonard, creator of the Internet movie The Story of Stuff, told me once that she and her neighbors share ownership of things they need sometimes, but not always.

One neighbor stores the ladder. Another keeps the pickup truck. A third has the swing set. And so on.

All this makes sense. The trap of possessions is the dreaded I-might-need-this-someday syndrome. My theory is that swapping and sharing is an antidote, a good way to pry things out of a closet. It works because youre getting something else that presumably youll actually use.

By now, swapping can be so swank that some are attaining celebrity status, like the Boston duo the Swapaholics. Featured in national publications, lately theyve expanded into food swaps.

To them, swapping isnt just green. Its fun.

Shopping seems so sterile and solitary and, well, vanilla, when compared with the fun, friendship-driven experience that is a swap, they maintain on their website.

Theyre now the event hostesses for www.swap.com, formed a year ago by fellow Bostonian Jeff Bennett.

He views swapping as the original form of commerce, thousands of years old. Taking the marketplace online simply helps participants access a wider community.

So far, Bennetts site is concentrating on books, DVDs and video games. But he envisions expanding to other categories, including one in particular he thinks will be a hit – sports equipment.

The business has 1.1 million members, Bennett said. The most common user is female, age 25 to 45.

Members list what they have and what they want, and computers do the rest.

Bennett makes money from sponsors and by charging for added-value subscriptions.

One of his members is Bill Gallagher of Bryn Mawr, Pa. A financial adviser, he originally joined because it was the frugal thing to do.

But now hes into the greenness of the deal. He said the site does a good job of making you aware of how much youve reduced your carbon footprint with each swap.

Meanwhile, Im looking for some of my favorite John Gardner novels. Anyone need the new T. Coraghessan Boyle? Guess I can go online and find out.

Visit Sandy Bauers blog at http://go.philly.com/greenspace.

Irvine Seminar’s Goal is to Jumpstart the Local Economy

Wednesday, September 7th, 2011

IRVINE, Calif., Sept. 6, 2011 /PRNewswire via COMTEX/ –
365 Consultant Inc. in partnership with the Irvine Chamber of Commerce is hosting the Cleantech India seminar on October 27th. The two-day long seminar is designed to raise awareness about India’s open business environment for innovation and commercialization, encourage business partnerships with Indian companies, and for expansion into the Indian market by US clean technology companies. The goal of the event is to identify the ‘Cleantech’ business opportunities for Indian companies to acquire new US customers in California which shares India’s objective and vision for a clean technology based economy. India’s economy is expected to surpass China’s growth over the next decade, and will spend an estimated $1 trillion over the next 5 years, 50% of which will be private.

Himanshu Thakkar, Business Liaison for 365 Consultant Inc. and mastermind of Cleantech India says, “The government of India has created a separate department for tackling climate change. As such, India has begun providing incentives for eco-housing and waste treatment.” He also adds, “They are very serious about taking steps toward tackling climate change.”

Christopher Lynch, VP of Economic Development & Tourism for the Irvine Chamber of Commerce also adds, “There are a myriad of ‘green projects’ being offered by the Indian government. Local ‘cleantech’ businesses can capitalize on these opportunities in India to expand their growth.”

Cleantech India will provide an opportunity to find, meet and connect with potential strategic partners. For companies wishing to participate, the conference will give them a chance to gain exposure in both domestic and international markets, and further enhance awareness of products and services. The event will also provide a great opportunity to network with industry leaders and government contacts.

Industries targeted for the seminar:
Aviation Oil (Refinery)
Information Technology Water and Sewerage
Cement Mining
Diamonds (Precious Metals and Stones) Renewable Energy
Infrastructure Chemicals and Petrochemicals
Shipping (Logistics) Ship Breaking
Agro Industries Printing
Fertilizers Disaster Management
Textile Education

The event will be held at the Irvine Marriott, 18000 Von Karman Avenue Irvine, CA 92612, on October 27th. Current sponsors for the event include: Irvine Chamber of Commerce, Lufthansa Airlines, Port of Los Angeles, LA World Airport, MoneyTV, Mega World Media and Brookhaven National Laboratory as knowledgeable partner. To register for the event, or to learn about sponsorship opportunities, visit:
http://www.irvineecondev.com and click on the event link.

About 365 Consultant Inc.

365 Consultant is a management and strategic advisory firm based in Irvine that takes a hands-on approach to linking business opportunities with marketplace needs throughout the U.S. and India. To Learn more about 365 Consultant Inc. at
www.365consultant.com or by contacting Himanshu Thakkar at (949) 350-0585.

About the Irvine Chamber of Commerce

The Irvine Chamber of Commerce is one of the most influential Chamber's in Orange County representing hundreds of local businesses. The Chambers mission is to promote an economic climate that strengthens the competitiveness of local businesses, while offering members a wide range of benefits, services, programs and information. The Irvine Chamber is one of only 250 Chambers in the U.S. who meet the requirements for accreditation by the U.S. Chamber. For more information, please call 949-660-9112, or visit
www.irvinechamber.com .

SOURCE Irvine Chamber of Commerce

Copyright (C) 2011 PR Newswire. All rights reserved

US Commerce Secretary. visits Warren to talk international business

Tuesday, September 6th, 2011

WARREN,Ohio – When it comes to attracting a new business to the area, its usually up to local leaders.

But nowthe federal government wants to help out.

Acting US Commerce Secretary, Rebecca Blank, visited the Thomas Steel Strip Corporation in Warren Thursday.

The steel manufacturer is owned by India-based Tata, and a perfect example of the international investments Blank would like to see made here in the US

Twentyyears ago the United States didnt have to court [international companies], said Secretary Blank. We were the place that everyone had to be if they were going to be competitive in a world economy. For better or for worse, that world economy hasbecome a lot more competitive.

And to stay competitive, Secretary Blank introduced a new federal plan called Select USA to cut out the red tape for those wanting to invest in the US

If there are permitting issues, get people to the right folks in the federal government and to do the courting that is often necessary to attract a major corporate business, of millions of dollars, in the US, explained Secretary Blank.

The US was an attractive place for Tata to invest in Thomas Steel, which employs 250 people.

The workforce, the state of education, but mostly the motivation of the employees is a major attraction for us, said Thomas Steel Strip Corp. CEO and President William Boyd.

But the Select USA program isnt just about international investors. Its also for US based companies who need help expanding.

Thats something which could be of major interest to us, said Boyd. If theres a possibility of further support.

Secretary Blank says other countries do actively court international businesses.

There are a number of countries that are very well known for this; Singapore, Germany, France, theyre very, very actively out there, courting companies to come and invest in their locations, Blank said.

Its the first government-wide US initiative to attract international companies by making it easier to do business here in the states.

What Economic Crisis? This Is a Confidence Crisis

Tuesday, September 6th, 2011

Let’s call a spade a spade.

In the aftermath of our economic crisis, the US government and Federal Reserve pulled out all the stops.

God bless our politicians and our government. Not knowing what to do, most having never been in the situation before, once the US economy collapsed in 2008 our government threw all kinds of money at the economy. They bailed out companies, they bailed out Wall Street, they saved the banks, and they tried desperately to create jobs.

Sure, some will say the government went too far and saved the wrong people, but we are not talking about a bunch of people with economics degrees and years of experience running businesses. They did the best they could. At least they did something.

The Federal Reserve did all it could do, too. Ben Bernanke is an extremely intelligent person. He has studied the Great Depression and Japan’s “lost decade.” During the crisis, the Fed came up with ideas I would had never thought of. They increased the money supply drastically. They bought US Treasuries. They bought distressed securities…they took drastic action. What else can you ask for?

So, if the government and Fed have done all this, why hasn’t our economy turned around? It’s a simple answer; human emotions have gotten in the way, big-time. The US consumer has had the fear of God put in them. Many of them have lost their homes, their jobs. We all know someone who either lost their home or their job (or both) during the Great Recession. Consumers have fear in them and, until that fear goes away, the economy will not improve.

US consumer sentiment sits today at its lowest since 1980, according to a Thomson Reuters/University of Michiganconsumer confidence index. Consumers are running scared.

Gross domestic product (GDP) in the US is expected to increase an anemic 2.4% in 2012, according to a Bloomberg survey, down from a projected 2012 GDP of three percent only a month ago.

Our economy could be in serious trouble if consumer sentiment towards it does not improve. For years, US consumers did not have any savings. Today, the personal savings rate in this country is approaching the “unheard of” level of five percent. And it is starting to affect consumer spending. According to the US Commerce Department, consumer spending in June dropped for the first time in nearly two years.

But it’s not just consumers holding back; it’s big corporations, too. American companies are sitting on their biggest cash balances on record. In total, corporate America is sitting on over $1.0 trillion in cash and they are not spending. Instead of investing heavily in plants, equipment and expansion, companies are hoarding their cash, as they too are fearful of more difficult times ahead.

According to the Commerce Department, consumers are sitting on $620 billion in savings. Back in 2005, this number didn’t exist. There were no savings. At the rate things are going, and the rate at which fear has been setting in, by the end of this year, consumers and businesses in America will be sitting with $2.0 trillion in savings–money sucked out of the economy. Obama and the Fed can fight the economic downturn all they want, but with consumers and businesses pulling money off the table at such an alarming pace, we are blowing in the wind.

We are no longer dealing with an economic crisis. It has become a confidence crisis. And, until the confidence of consumers–who make up 70% of the economy–returns, the economy will just continue to deteriorate.