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Shuttered sporting goods retailer back in business
The game is back on at City Sports Inc. In 2015, the Boston-based sporting goods retailer filed for bankruptcy and closed its 26 stores. Shortly afterwards, two Wharton-trained brothers, Brent and Blake Sonnek-Schmelz, bought City Sports' intellectual property rights at a bankruptcy auction for $400,000. -
Study: Even millisecond delays impact customer engagement, revenue
The user experience is critical to e-commerce success, a factor that makes snafus in Web performance unacceptable. Performance is so critical that even a 100-millisecond delay in website load time can hurt conversion rates by 7%. Meanwhile, a two-second delay in Web page load time increase bounce rates by 103%, according to the “State of Online Retail Performance,” a report from Akamai Technologies.