ECOST.com explained
eCost.com was an online retailer based in Torrance, California.[1] Founded in 1999, the retailer sold a variety of products, such as electronics, jewelry, and household items.[2]
The retailer was started as a subsidiary of PC Mall, Inc. in 1999. On April 11, 2005, eCost.com was spun off from PC Mall, Inc.[3] In 2006,[4] eCost.com was subsidized by PFSweb for US$29 million.[5] PC Mall reacquired eCost.com for $2.3 million in February 2011.[6] [7] The agreement included the acquisition of roughly $1 million of eCOST's inventory.[7] PC Mall established OnSale Inc., a new subsidiary that involved eCost in its enterprise.[7]
On July 2, 2014, the website was shut down.[8]
External links
Notes and References
- News: eCOST.com names new CEO . . 2004-03-30 . 2009-05-12 . https://web.archive.org/web/20040811001851/http://losangeles.bizjournals.com/losangeles/stories/2004/03/29/daily14.html . 2004-08-11 . dead .
- News: Jane . Aldinger . eCost.com plants initial distribution center near FedEx . . . 2005-01-07 . May 12, 2009 . https://web.archive.org/web/20110526170207/http://www.bizjournals.com/memphis/stories/2005/01/10/story3.html . 2011-05-26 . dead .
- News: PC Mall Completes Spin-Off of eCOST.com . PC Mall . 2005-04-12 . 2014-07-04 . https://web.archive.org/web/20140704051144/http://files.shareholder.com/downloads/MALL/0x0x623425/93569ef4-35cd-4871-8509-cb5544429518/MALL_News_2005_4_12_General_Releases.pdf . 2014-07-04 . dead .
- News: PFSweb, eCOST.com merge . . . 2005-11-30 . 2009-05-12 . https://web.archive.org/web/20110526170147/http://www.bizjournals.com/memphis/stories/2005/11/28/daily16.html . 2011-05-26 . dead .
- News: Crayton . Harrison . PFSweb to buy online retailer. . . 2005-11-11 . 2009-05-12 . https://web.archive.org/web/20121102130623/http://www.accessmylibrary.com/coms2/summary_0286-11384068_ITM . 2012-11-02 . dead .
- News: PC Mall, not uBid, Buys eCOST.com for $2.3 Million . Steiner, Ina . AuctionBytes.com . 2011-02-23 . 2011-02-27 . https://web.archive.org/web/20110226192627/http://www.auctionbytes.com/cab/cab/abn/y11/m02/i23/s04 . 2011-02-26 . dead .
- News: El-Hasan . Muhammed . 2011-02-21 . Torrance's PC Mall acquires eCost.com for $2.3M . . 2014-07-04 . https://web.archive.org/web/20140704051739/http://www.dailybreeze.com/general-news/20110222/torrances-pc-mall-acquires-ecostcom-for-23m . 2014-07-04 . dead .
- Web site: OnSale / eCOST has shutdown on July 2, 2014 . 2014-07-02 . eCost.com . 2014-07-04 . https://web.archive.org/web/20140704050431/http://cdn-us-ec.yottaa.net/5150ae6063e31e6c9c000112/a36033c0837e0130aefc12313d08f879.yottaa.net/v~4.e1/en_ideamall/co_ecost/div_ecost/div_interface/eCOST_Stop_Sign.jpg . 2014-07-04 . dead .
