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Ecommerce retailers take note: Dollar losses from ecommerce fraud in the United States and Canada were estimated to grow 11 percent to $4 billion in 2008 compared to $3.6 billion in 2007, according to a recent survey by CyberSource ...
Microsoft announced Monday that 2008 was the best year ever for its Xbox 360 video game system, despite a year-long U.S. recession that has seen consumer spending plummet. The company's worldwide lead over rival Sony's PlayStation 3 widened by 8 million units in 2008, while its total number of 360s sold since the device hit the market three years ago expanded to 28 million. Xbox Live, which allows gamers to play one another over the Internet, claimed more than 17 million members in 2008, and online consumer spending on the service grew by more than 84 percent.
Logitech is retreating from its fiscal 2009 forecast and preparing to trim about 15 percent of its global workforce in preparation for what is looking to be a grim retail year. The Switzerland-based company employs 9,000 workers and manufactures mice, webcams and other computer peripherals. Demand for such devices has taken a nosedive as both companies and consumers have retrenched on nondiscretionary spending. In December, the retail environment significantly deteriorated, and the company is expecting it to worsen even further in the coming months.
An American's first impressions of India often include images of alternate approaches to trash management, intermittent electrical power supplies and issues of environmental sustainability. In this interview with Trudy Heller, those approaches are seen from the perspective of Heller's work designing products for environmental sustainability and providing training to executives in environmental management. Heller is the president of Executive Education for the Environment, based in Swarthmore, Pa.
