22 Quotes by Dan Hesse

Online travel sales fared even better this year. The sector was up 35 percent versus 2002 and has more than more than doubled since 2001. Non-travel sales recovered impressively from war-related softness early in the year, with 2003 posting a healthy 22 percent total increase over 2002.

Certainly, in the same way the Web has leveled the playing field for businesses of all sizes to compete, search has taken that one step further. It allows Mom and Pops to get that much closer to shoppers they wouldn't ordinarily come into contact with.

We think customers who are spending forty or fifty dollars a month now will move up to the eighty-to-ninety dollar range and use this as their (main) phone.

It is a good thing for Victoria's Secret and Limited in general. The cachet behind this brand is as important as the brand itself. Having the event as they enter the most important part of the year is going to help Victoria's Secret.

Last year, online retail totaled over $65 billion, up 26% over the prior year. That doesn't include auctions and travel, which take the number well over $100 billion.

Retailers turn a profit by bringing in new merchandise and pushing self-purchase categories like lingerie, shoes and denim. Retailing is an event-oriented business. Look at any national holiday, retailers seize on it and find a way to market heavily and drive traffic.

With the exception of Christmas Day, when so many consumers turn their attention from gift shopping to gift giving, our data reported sales over $100 million dollars in each day of this latest week.

We believe consumers' growing familiarity and confidence with online shopping, coupled with a dramatic increase in broadband penetration and continuing efforts by retailers to simplify the shopping process across channels, will translate to substantial gains for online merchants again this year.

With all these mergers, the future is unclear. This is a transitional time for vendors like Jones.