ST. PETERSBURG, FL, August 14, 2012 (Press-News.org) Online shopping has boomed since the Internet began to infiltrate the daily routines of consumers. Today, more than ever, individuals turn to the World Wide Web when they need to make a purchase. Whether they are looking for a great deal, want to avoid the hassle of driving to the mall, or simply enjoy browsing the seemingly limitless selection of online products, these consumers are driving a retail sector that has changed the face of the industry. In fact, a $76 million investment in JustFab.com, a rising Internet-based organization, proves that investors view online shopping as a field of opportunity. Moneyonthego.net agrees, stating that online shopping is now a mainstay in American culture--one that is worth investing in.
Los Angeles Business Journal reports that JustFab.com, an online store that provides stylist-picked shoes and handbags to members, recently raised $76 million in financing. The funds were provided by several investors, most notably a venture capital firm called Rho Ventures LLC. Matrix Partners, Technology Crossover Ventures, and Intelligent Beauty Inc., the parent company of JustFab.com, also contributed to the investment.
The capital that has been raised for the website will be used to expand operations. The company is slated to add new fashion categories, branching out from handbags and shoes. Additionally, the website will offer products internationally, establishing a presence in the United Kingdom and other countries.
Moneyonthego.net believes that this development shows just how important online shopping has become in today's world. While $76 million is not an extravagant amount of money in today's investment industry, it is not an amount of money that would be contributed to a venture that did not show a great deal of promise. In today's recovering economy, investors are as careful as ever about their financial decisions. Naturally, they are looking to become involved in initiatives that are most likely to provide a return on their investment.
"Online retailers are growing around the world," Greg Bielawski, spokesperson for Moneyonthego.net, states. "The fact that investors are interested in participating in Internet-based retail initiatives shows just how important they have become to today's culture--especially when those contributions number in the multimillions."
ABOUT:
Moneyonthego.net is an Internet-based retailer that offers a catalogue of over 80,000 products through its Rewards Mall. A member-based organization, Moneyonthego.net provides each new member with a $2,500 shopping credit that can be used to purchase items in the Rewards Mall. Additionally, shoppers are given a Prepaid MasterCard that accumulates one Reward Point for each dollar loaded onto it. Reward Points are redeemable at the Rewards Mall. Each month, members can redeem up to 1,000 of their Reward Points for items in the Moneyonthego.net catalogue.
To learn more about Moneyonthego.net, membership packages, and the items in the Rewards Mall, visit www.moneyonthego.net.
Moneyonthego.net: Investors Looking for Opportunities in the Online Shopping Sector
Investors are looking for new ways to make money, and the online shopping sector currently holds a long list of opportunities to contribute to the new retail models. Moneyonthego.net believes this proves the relevancy of online shopping.
2012-08-14
ELSE PRESS RELEASES FROM THIS DATE:
Dr. Gordon T. Austin Responds to PTSD Screening Proposal for Returning Soldiers
2012-08-14
While many are aware of the dangers that PTSD can cause among active and returning soldiers, there has been little research regarding ongoing analysis of those under treatment. According to a recent article from CBS News, the Institute of Medicine recently made a proposal to federal agencies to require annual screenings of returning soldiers from Iraq and Afghanistan to correctly diagnose the debilitating condition. In addition, the organization suggested that participating agencies continue research on the effects of certain treatments to ensure a proper course of care ...
Could The Massachusetts Alimony Reform Act Affect Your Existing Alimony Order?
2012-08-14
Spouses who divorce in Massachusetts courts face dramatically different alimony laws than in previous decades. Starting March 1, 2012, the threat - or promise - of lifelong alimony was eliminated in most cases. The Alimony Reform Act creates time limits for spousal support based on the length of the marriage. Alimony may also end when the paying spouse retires or when the receiving spouse remarries or moves in with a significant other.
The Reform Act provides clear rules for time limits on alimony when spouses are beginning the divorce process. But what if you are already ...
Increasing Number of Financial Scams Target Elderly Victims
2012-08-14
As the nation continues to age, the elderly demographic is more frequently becoming a target for scams and financial abuse. The elderly are seemingly easy prey for those looking to take advantage of others for their own personal gain.
Authorities have seen a rise in the number of thieves scamming senior citizens out of millions of dollars each year through improper relationships or illegal schemes. These schemes range from telemarketing and Internet ploys to confidence games perpetrated by trusted advisers or family members.
A federal study in 2009 found that 5 percent ...
Tampa Bankruptcy Lawyers Shed Light on Chapter 7 Bankruptcy Myths
2012-08-14
For those overwhelmed by debt, filing for Chapter 7 bankruptcy can provide a much-needed clean financial slate. Unfortunately, this important action is often delayed because of the many incorrect ideas which people have come to believe about bankruptcy. The Tampa bankruptcy attorneys at Clark & Washington wish to set the record straight by debunking some common myths concerning Chapter 7 bankruptcy.
Myth 1: You will not be able to qualify for Chapter 7.
According to legislation passed in 2005, anyone who intend to file for bankruptcy under Chapter 7 must first pass ...
Haul Masters Offers Full Service Junk Removal in Alpharetta
2012-08-14
Atlanta dumpster rental company Haul Masters would like to remind the public that the company offers full-service junk removal in Alpharetta, GA.
Haul Masters is a local, family owned company, and the company's neighborly spirit shows in its junk removal service. Haul Masters takes the time to meet with the customer before the removal to find out exactly what is needed, answer any questions the customer may have about the process, and give an accurate estimate of what the cost will be - all free of charge!
What sets Haul Masters' service apart from other junk removal ...
Ray Padron, President and COO of Atlanta Financial Planning Firm Brightworth, Joins the Board of GA Chamber of Commerce
2012-08-14
Atlanta wealth management firm Brightworth is pleased to announce that its President and Chief Operating Officer, Ray Padron, has joined the Board of the Georgia Chamber of Commerce.
In addition to his position on the Board, Padron will be participating on the Chamber's Business and Industry Development Committee and the Small Business Action Committee. These committees are dedicated to maintaining and advancing a pro-business environment in the state of Georgia.
Ray Padron has earned the respect of Georgia businesses during his years of experience in the field of ...
Atlanta Hardwood Flooring Reminds Homeowners to Schedule Fall Installations Now
2012-08-14
No one wants to have home repairs or remodeling going on during the holidays, so if you have been thinking of upgrading the floors in your home, consider scheduling an installation now for the fall. Fall can be a very busy time for Atlanta Hardwood Flooring and scheduling can fill up quickly.
Many people want to have a project they have been planning completed prior to the holidays. In many cases, family and friends will be visiting and making the house look great suddenly becomes a priority. Once holiday decorations are up, it is much more of an inconvenience to have ...
SC Hospitality Association - Greater Greenville Chapter Appoints Holiday Inn Express Simpsonville Hotel's General Manager to their Board of Directors
2012-08-14
Greg Carpenter, General Manager of the Holiday Inn Express Simpsonville Hotel was recently appointed to The Board of Director's for the South Carolina Hospitality Association (SCHA) - Greater Greenville Chapter. A non-partisan trade organization, SCHA serves the state's lodging and restaurant industry. SCHA strives to represent the best interests of its members on small business issues, hospitality and tourism concerns and towards the protection of South Carolina's quality of life.
The Board of Directors for SCHA - Greater Greenville Chapter is responsible for successfully ...
Jose Canseco to Host Video Blog on Steroid.com
2012-08-14
Baseball great, Jose Canseco, signs with Steroid.com as the host of a new video blog, "Canseco on Steroids". The videos will be posted twice a week and hosted by the world's largest source of anabolic steroid information. Steroid.com provides the controversial author of the best selling book, "Juiced: Wild Times, Rampant 'Roids, Smash Hits and How Baseball Got Big," free range to discuss topics in true contentious Conseco spirit.
Steroid.com is proud to feature "Canseco on Steroids" alongside its extensive online community, detailed steroid ...
Michaels Announces Vendor and Transportation Partner of the Year Awards
2012-08-14
Michaels Stores, Inc. announced the Vendor and Transportation Partner of the Year Awards at the Company's 15th annual Vendor Conference. The Company hosted the event on Monday, August 13, 2012, at the Hilton Anatole Hotel in Dallas. Twelve vendor partners were recognized for their contributions to Michaels' success over the past year.
Every year, Michaels selects one vendor who stands above the rest by providing product innovation, customer education and inspiration, quality products and efficiency in supply chain. This year, both Michaels and Aaron Brothers, a wholly ...
LAST 30 PRESS RELEASES:
Fig trees convert atmospheric CO2 to stone
Intra-arterial tenecteplase for acute stroke after successful endovascular therapy
Study reveals beneficial microbes that can sustain yields in unfertilized fields
Robotic probe quickly measures key properties of new materials
Climate change cuts milk production, even when farmers cool their cows
Frozen, but not sealed: Arctic Ocean remained open to life during ice ages
Some like it cold: Cryorhodopsins
Demystifying gut bacteria with AI
Human wellbeing on a finite planet towards 2100: new study shows humanity at a crossroads
Unlocking the hidden biodiversity of Europe’s villages
Planned hydrogen refuelling stations may lead to millions of euros in yearly losses
Planned C-sections increase the risk of certain childhood cancers
Adults who have survived childhood cancer are at increased risk of severe COVID-19
Drones reveal extreme coral mortality after bleaching
New genetic finding uncovers hidden cause of arsenic resistance in acute promyelocytic leukemia
Native habitats hold the key to the much-loved smashed avocado’s future
Using lightning to make ammonia out of thin air
Machine learning potential-driven insights into pH-dependent CO₂ reduction
Physician associates provide safe care for diagnosed patients when directly supervised by a doctor
How game-play with robots can bring out their human side
Asthma: patient expectations influence the course of the disease
UNM physician tests drug that causes nerve tissue to emit light, enabling faster, safer surgery
New study identifies EMP1 as a key driver of pancreatic cancer progression and poor prognosis
XPR1 identified as a key regulator of ovarian cancer growth through autophagy and immune evasion
Flexible, eco-friendly electronic plastic for wearable tech, sensors
Can the Large Hadron Collider snap string theory?
Stuckeman professor’s new book explores ‘socially sustainable’ architecture
Synthetic DNA nanoparticles for gene therapy
New model to find treatments for an aggressive blood cancer
Special issue of Journal of Intensive Medicine analyzes non-invasive respiratory support
[Press-News.org] Moneyonthego.net: Investors Looking for Opportunities in the Online Shopping SectorInvestors are looking for new ways to make money, and the online shopping sector currently holds a long list of opportunities to contribute to the new retail models. Moneyonthego.net believes this proves the relevancy of online shopping.