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Sainsbury's cuts 800 jobs

Posted:
24 April 2015 10:42

Sainsbury's will cut around 800 jobs as part of a restructuring in their stores, which will see the loss of department and deputy manager positions.The cuts are part of a plan, which were publicised in November, to save £500 million over the next three years.Roger Burnley, retail and operations director ...read more

ASOS to create formalwear for GB Paralympics team

Posted:
24 April 2015 10:42

ASOS has announced that it is in collaboration with GB’s Paralympics team to create the formalwear for Rio 2016.The e-tailer is working with the British Paralympics Association to create “stylish” and “unique” clothing for the team to wear at the Rio de Janeiro opening ceremony and has had lots of ...read more

Amazon web services division profitable in the first quarter

Posted:
24 April 2015 10:41

It has been reported that Amazon’s web services division has created sales of $1.57 billion (£1.04 billion) in the first quarter of 2015 and that it is profitable. The rise in sales at the cloud computing division was much bigger than expected with revenues rising by 15% to $22.7 billion, helped ...read more

Better-than-expected profit results for eBay

Posted:
23 April 2015 11:04

It has been reported that online retailer eBay had better-than-expected profit results despite the strong dollar hurting the company’s results.eBay reported that for the first three months of this year profits were $626 million (£416 million), and revenues were $4.45 billion which is a 4% rise from the previous year, ...read more

Google to launch mobile phone service

Posted:
23 April 2015 11:04

Google has announced that it plans to launch a mobile phone network in the US, Project Fi, which will initially only be available to Nexus 6 handsets.They will use existing wi-fi hotspots from two current mobile phone operators – Sprint and T-Mobile to give them a leg-up by using existing ...read more

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