Retail news
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Blockbuster results give unexpected hope to high street
- Posted:
- 17 October 2011 09:52
The UK arm of DVD and games rental company Blockbuster has unexpectedly recorded an annual profit after its US parent filed for bankruptcy.The chain, which has around 600 company owned stores in the UK, has reported a £1.7 million profit in the year to last January, according to accounts filed ...read more
Amazon "dispiriting" says new Waterstone’s boss
- Posted:
- 03 October 2011 10:00
Online retailer Amazon has been branded a "dispiriting" place to shop by James Daunt, the managing director of the country's biggest high street book chain, Waterstone's.In an interview with the Daily Telegraph, the Waterstone's boss said that customers who bought books online were "denying themselves the pleasure of browsing in ...read more
Amazon to install collection lockers in shopping centres
- Posted:
- 08 September 2011 09:50
Amazon is launching a Click and Collect scheme where customers can collect items bought on the web from lockers at major shopping centres.The online retailer has negotiated a deal with Land Securities to install the lockers at selected shopping centres in London. The first lockers at One New Change in ...read more
Amazon beats Q2 forecasts
- Posted:
- 27 July 2011 09:50
Amazon.com's second-quarter profit fell as the leading online retailer continued to spend on expanding its business.At the same time, higher merchandise sales lifted revenue 51%.Both results, issued late today, easily beat analyst expectations, as did Amazon's third-quarter sales outlook.Amazon shares rose 6% in after-hours trading.For the quarter that ended on ...read more
Amazon boosts book offering
- Posted:
- 05 July 2011 09:42
Amazon.com today announced that it has reached an agreement to acquire The Book Depository International, an online bookseller offering over six million books for delivery worldwide. "Customers in more than 100 countries enjoy The Book Depository's vast selection, convenient delivery and free shipping," said Greg Greeley, Amazon's vice president of ...read more
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