Report: Consumers to Increase On-Line Purchases
New York City, Anew report by eMarketer entitled “U.S. Retail E-Commerce” revealed that U.S. consumers would increase their spending at on-line retail stores from $877 per consumer in 2005 to $1,512 per consumer by 2009, an increase of more than 50%. The report also revealed that even though the average annual growth rate of retail e-commerce sales will slow from the 26% seen between 2001 and 2005, it would remain strong at 18.6% from 2006 to 2009. “On-line shoppers, who have faster on-line connections and more Internet experience, are venturing beyond the safe-purchase categories of books, videos and toys that marked the first e-commerce success stories,” said eMarketer senior analyst Jeffrey Grau, in a statement.
IBM Develops RFID Tag Feature to Up Privacy
Armonk, N.Y., IBM Corp. said it developed a feature to limit the distance a radio frequency identification (RFID) chip embedded in a tag can transmit information, TechWeb.com reported. The report stated that the Clipped Tag gives consumers the option to disable RFID tags on items after purchase and enables companies to use the information on the tag to identify product returns or recalls. Additionally, the consumer can tear the Clipped Tag label along the edge to remove a portion of the tag’s antenna after purchasing an item to reduce the signal distance the silicon chip can transmit. IBM reports ultra-high frequency tags can read other tags at distances up to approximately 30 feet.
FreshDirect Expands Delivery Areas
Long Island City, N.Y., On-line fresh-food delivery service FreshDirect said it plans to extend its delivery area to parts of Douglaston, Little Neck and Great Neck, N.Y. The service also recently began expanding its service in Northern New Jersey. In addition, FreshDirect is gearing up to serve the Hamptons in Long Island, N.Y., for its second summer.