May 16, 2008

Blue Nile, Bidz.com top jewelry e-tailers

Not surprisingly, online jewelry seller Blue Nile and jewelry auction site Bidz.com continue to rank among the top 500 Internet retail sites, according to Internet Retailer magazine's 2008 "Top 500 Guide."

The guide is a comprehensive analysis of the country's 500 largest retail Web sites ranked by 2007 sales.

In addition to the usual jewelry-seller suspects—eLuxury.com Inc., Fortunoff, Fossil Inc., Jewelry Television, QVC Inc., Ross-Simons Inc., Tiffany and Co. and Zale Corp., among others—Ice.com Inc., Limoges Jewelry and PalmBeach Jewelry also cracked the top 500 this year.

According to the list, the country's No. 1 e-tailer was again Amazon.com Inc., which recorded $14.8 billion in sales in 2007, more than double the sales of the second-ranking e-tailer, Staples Inc.

Staples recorded $5.6 billion in Internet sales in 2007, followed by Office Depot Inc. with $4.9 billion, Dell Inc. with $4.2 billion and HP Home and Home Office Store (Hewlett-Packard Co.) with $3.4 billion.

Rounding out the top 10 were OfficeMax Inc. ($3.2 billion), Apple Inc. ($2.7 billion), Sears Holding Corp. ($2.6 billion), CDW Corp. ($2.4 billion) and Newegg.com ($1.9 billion). Newegg.com sells discounted computers, electronics and DVDs.

Internet Retailer is a monthly national business magazine, Web site conference and directory serving the retail community and published by Chicago-based Vertical Web Media LLC.
Source: nationaljewelernetwork

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