Word: manye
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Dates: during 1990-1999
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Many antiques dealers, who would seem most threatened by eBay, have seen their livelihoods transformed. David James, for example, opened his shop in Alexandria, Va., eight years ago. He deals mostly in what the trade calls smalls: candlesticks, glassware and other such collectibles. He's still got the store, but...
But Hoyt had a hobby: making decorative glass beads. Thanks to eBay, her hobby is now her livelihood. She sells as many as 3,000 beads a month, for as much as $50 each. eBay has given her more than a new career. She refers without irony to the bead...
Moreover, eBay has exposed America as a nation of collectors. Matchbook covers, cast-iron witches' cauldrons, Pez dispensers, pneumatic grease pumps from the 1920s, Three Stooges memorabilia--you name it, some American somewhere collects it. "We define ourselves by our stuff," says Robert Thompson, president of the Popular Culture Association...
Do not be fooled. Wal-Mart's website may be a disappointment now, but many suspect it's just the soup before the souffle--served to tide customers over while the company cooks up something better. Wal-Mart is doing what it has always done, notes DLJ analyst Gary Balter...
So why are so many of us stuck with cascading cans of soup and a two-year-old's tantrum in Aisle 6? The fact is, online supermarket shopping is in its infancy, and most of the $440 billion we spend annually filling the pantry goes to traditional grocers. Naturally...