Thursday, May 20, 2010

HSN Sees Future in Wireless Mobile Commerce


After posting retail industry-leading double-digit sales increases for two quarters, HSN is learning postrecession shopping habits are changing, Grossman said after the company's 11-minute annual meeting Wednesday.

...After toping $1 billion in online sales in 2009 — more than a third of its business — the St. Petersburg company is now among top-tier e-commerce retailers.

...Grossman plans to invest more in developing wireless mobile commerce, which she sees as the next retail frontier: cell phones, smart phones and e-readers like the iPad.

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