Shopping.com Signs Sales Deal
CORONA DEL MAR — Internet retailer Shopping.com said Tuesday it inked a deal with a direct-marketing company in which more than 200 sales representatives will sell Shopping.com’s business and offices products to Fortune 500 companies. Shopping.com’s stock jumped 11%, or $2.72 cents, to $26.72 in Nasdaq trading.
En Point Technologies, in a two-year marketing and distribution agreement, will sell some 15,000 office products offered through Shopping.com directly to the nation’s biggest companies. Robert J. McNulty, Shopping.com’s founder and chief executive, said the pact will give the company a stronger hold in the $120-billion office-products market.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
