eCOST.com

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]

References

  1. ↑ "eCOST.com names new CEO". Los Angeles Business Journal. 2004-03-30. Archived from the original on 2009-05-12. Retrieved 2009-05-12.
  2. ↑ Aldinger, Jane (2005-01-07). "eCost.com plants initial distribution center near FedEx". Memphis Business Journal. American City Business Journals. Archived from the original on 2009-05-12. Retrieved May 12, 2009.
  3. ↑ "PC Mall Completes Spin-Off of eCOST.com". PC Mall. 2005-04-12. Archived from the original (PDF) on 2014-07-04. Retrieved 2014-07-04.
  4. ↑ "PFSweb, eCOST.com merge". Memphis Business Journal. American City Business Journals. 2005-11-30. Archived from the original on 2009-05-12. Retrieved 2009-05-12.
  5. ↑ Harrison, Crayton (2005-11-11). "PFSweb to buy online retailer.". The Dallas Morning News. Archived from the original on 2009-05-12. Retrieved 2009-05-12.
  6. ↑ Steiner, Ina (2011-02-23). "PC Mall, not uBid, Buys eCOST.com for $2.3 Million". AuctionBytes.com. Archived from the original on 2011-02-27. Retrieved 2011-02-27.
  7. 1 2 3 El-Hasan, Muhammed (2011-02-21). "Torrance's PC Mall acquires eCost.com for $2.3M". Daily Breeze. Archived from the original on 2014-07-04. Retrieved 2014-07-04.
  8. ↑ "OnSale / eCOST has shutdown on July 2, 2014". eCost.com. 2014-07-02. Archived from the original on 2014-07-04. Retrieved 2014-07-04.

External links

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