|New Home Living Store From living.com Opens Its Virtual Doors Today At Amazon.com|
SEATTLE and AUSTIN, Texas--May 19, 2000--living.com, the leading online resource for home furnishings, has partnered with the world's largest online retailer, Amazon.com (NASDAQ:AMZN), to open the new "Home Living" store at Amazon.com. Today's news follows the February 1 announcement that the companies had entered a strategic alliance to create an integrated Home Living tab at Amazon.com.
Amazon.com customers can access the new Home Living store, at www.amazon.com/homeliving, or by clicking the Home Living tab at the top of Amazon.com's welcome page. Home Living visitors can then shop for the same selection of products found at living.com, including furniture, decorative accessories, bed and bath linens, lighting, rugs, and more. The Home Living store will also feature innovative tools and services, such as the interactive Room-Designer, award-winning Style Finder, free professional design advice from "Ask-a-Designer," and the ability to order free fabric and leather swatches.
"Today's grand opening of the Home Living store at Amazon.com is a major milestone for living.com, allowing us to market our products to Amazon.com's more than 20 million customers at the premier online retail location," said Shaun Holliday, chief executive officer of living.com. "The goal of the Home Living store is to provide Amazon.com's customers with everything they need to create their dream home."
"We hope to make a great first impression with Amazon.com customers," added Holliday. "We have a wonderful product offering, interactive online design tools, and some very intuitive and innovative ways for customers to shop. And we offer 24 hour Customer Care service."
As part of the launch, customers will save 20% on all purchases from the Home Living store until June 15, 2000, and receive free shipping for deliveries within the continental U.S.
"living.com is committed to offering our customers a great home furnishings experience," said Jeff Bezos, Amazon.com founder and chief executive officer. "The launch of the Home Living store is a continuing part of our mission to build a place where people can come to find and discover anything they might want to buy online."
living.com was recently recognized as "Best Online Furniture Store" and "Best Online Home Furnishing Store" by eCommerce authority, Gomez.com as part of its Spring 2000 Internet Scorecard. living.com also placed first in Gomez.com's "One-Stop Shopper" profile - a category that measures the breadth of product offerings.
Launched on July 26, 1999, Austin, Texas-based living.com is the leading online home furnishings site offering furniture, home accessories, bed and bath, lighting, and home textiles. The site features easy-to-use tools and personal advice, such as living.com Room-Designer, Style Finder, Home Office Wizard, Swatch Program, Ask-a-Designer, and living.com magazine, making it simple and convenient to find items that suit every individual's personal style.
Founded in 1998, living.com's strategic partners include Benchmark Capital, Austin Ventures, Comdisco Ventures, Pivotal Asset Management, GE Capital, Starbucks Corp., and Amazon.com.
Amazon.com (Amazon.com, Inc., and its subsidiaries) is the Internet's No. 1 music, No. 1 DVD and video, and No. 1 book retailer. Amazon.com (NASDAQ:AMZN) opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection, along with online auctions and free electronic greeting cards. Amazon.com lists more than 18 million unique items in categories including books, CDs, toys, electronics, videos, DVDs, home improvement products, kitchen products, software, and video games. Through Amazon.com zShops, any business or individual can sell virtually anything to Amazon.com's more than 20 million customers, and with Amazon.com Payments, any seller can accept credit card transactions, avoiding the hassles of offline payments. The company also participates in sothebys.amazon.com, the leading auction site for guaranteed art, jewelry, and collectibles, at www.sothebys.amazon.com.
Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. Amazon.com's All Product Search scours the Web to help customers find merchandise that is not available at Amazon.com, Amazon.com Auctions, or Amazon.com zShops, making Amazon.com the shopping destination to find anything. Amazon Anywhere is the leader in mobile e-commerce, providing access from anywhere in the world to Amazon.com on personal digital assistants (PDAs) and through hand-held wireless Internet devices that use HDML or the Wireless Application Protocol.
Amazon.com operates two international Web sites: www.amazon.co.uk and www.amazon.de. It also operates the Internet Movie Database ( www.imdb.com ), the Web's comprehensive and authoritative source of information on more than 220,000 movies and entertainment programs and 800,000 cast and crew members dating from the birth of film in 1892 to 2003.
Amazon.com has invested in leading Internet retailers that are improving the lives of customers by making shopping easier and more convenient: Greenlight.com, the only company that offers car buyers the control of auto purchasing online with ongoing service and support from local dealerships, at www.greenlight.com; living.com, the leading online home products and services retailer, at www.living.com; drugstore.com, an online retail and information source for health, beauty, wellness, personal care and pharmacy, at www.drugstore.com; Pets.com, the online leader for pet products, expert information, and services, at www.pets.com; HomeGrocer.com, the first fully integrated Internet grocery-shopping and home-delivery service - with operations in Seattle; Portland, Oregon; and Southern California - at www.homegrocer.com; Gear.com, which offers brand-name sporting goods at prices from 20 to 90 percent off retail, at www.gear.com; Ashford.com, the leading Internet retailer of luxury and premium products and the Web's No. 1 retailer of watches and jewelry, at www.ashford.com; Audible, Inc., the leader in Internet-delivered spoken audio for PC-based listening or playback on AudibleReady portable digital audio devices, at www.audible.com; eZiba.com, a leading online retailer of handcrafted products from around the world, at www.eziba.com; and WineShopper.com, the San Francisco- and Napa-based Internet start-up that will ultimately offer consumers online access to the largest selection of wines available anywhere, at www.wineshopper.com.
Amazon.com also has a minority interest in Della.com, which brings together leading retailers with gift registry, expert advice, and personalized gift suggestions to help everyone give better gifts, at www.della.com; NextCard, Inc., considered the industry's leading issuer of consumer credit on the Internet, at www.nextcard.com; and Kozmo.com, the world's leading "e-mmediate" Internet-to-door delivery service, at www.kozmo.com.
This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, Amazon.com's limited operating history, anticipated losses, significant amount of indebtedness, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, consumer trends, competition, risk of distribution center expansion, risks related to fourth quarter performance, risks of system interruption, management of potential growth, inventory risks, risks related to auction and zShops services, risks related to fraud and Amazon.com Payments, and risks of new business areas, international expansion, business combinations, and strategic alliances. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 1999 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2000.