2Q Revenue Down 30% From 2000 Inc. yesterday reported second-quarter revenue of $868,000, down 30 percent from $1.2 million in the same period last year.

Even though the poor sales environment hurt during the second quarter, which ended June 30, the company apparently is running a tighter ship than last year. The New York online retailer reported a net loss of $23,000 for the second quarter compared with $460,000 in the year-ago period. Operational losses for the quarter totaled $429,000, 61 percent less than the retailer's $1.095 million loss in second quarter 2000.

The decline in revenue mirrors the drop in sales stinging most Internet retailers during the slowing economy. A Forrester Research/Greenfield Online retail study released earlier this week found that total online spending had dropped to $3.2 billion in June from $3.9 billion in May. The number of households shopping online dropped to 13.1 million in June from 14.8 million in May, the report said. owns beauty and lifestyle sites including,, and

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