Reuters: Technology News: Last call for Neiman Marcus's eBay store

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Last call for Neiman Marcus's eBay store Mar 8th 2013, 23:18 Tweet Share this Email Print Related News UPDATE 2-Costco, Gap lead February U.S. retail sales gains Thu, Mar 7 2013 Google tests same-day delivery, raising marketplace speculation Wed, Mar 6 2013 E-tailers embrace same-day delivery, but U.S. shoppers shrug: survey Tue, Mar 5 2013 Gap boosts 2013 dividend; fourth-quarter tops Street Thu, Feb 28 2013 Sears tops estimates; some skeptical about turnaround Thu, Feb 28 2013 Analysis & Opinion Love at first byte: Tech co-founders meet through dating sites In Amazon, Wall Street worships a disruptive god The Neiman Marcus sign outside a store in Golden, Colorado December 9, 2009. Credit: Reuters/Rick Wilking By Alistair Barr and Phil Wahba SAN FRANCISCO | Fri Mar 8, 2013 6:18pm EST SAN FRANCISCO (Reuters) - Luxury department store operator Neiman Marcus is shutting its eBay Inc store, a setback for the e-commerce company, which has been trying to lure large retailers to its online marketplace. Neiman launched a store on eBay.com in 2011 for its Last Call outlet brand. It was one of a slew of large retailers that eBay has attracted to its online marketplace in recent years, an important part of the e-commerce company's effort to compete more with Amazon.com Inc. However, Neiman spokeswoman Ginger Reeder said on Friday that the company's Last Call products will be sold exclusively through the Last Call website and in its physical stores in the future. "We parted on good terms with eBay," she added. "We are always trying new partnerships, and this is one where we felt we learned a great deal and were able to reach a broader, global audience of fashion buyers." Neiman Marcus may have dropped its eBay store because it already gets enough customer traffic to its own websites and stores, said Scott Tilghman, an analyst at B. Riley Caris. He added that eBay also takes a cut of each sale from the retailers and other merchants that sell on its marketplace, and that may have put Neiman off. "There's a cost associated with it," Tilghman added. Meanwhile, Amazon may be having more success wooing fashion brands. Earlier this week, 10 Crosby, a brand by designer Derek Lam, launched a store within Amazon.com. (Reporting by Alistair Barr in San Francisco and Phil Wahba in New York; Editing by Jan Paschal) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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