Retail news
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Amazon website downtime "not hacktivists"
- Posted:
- 13 December 2010 09:51
Shopping website Amazon went offline for a brief period, prompting fears it may be the latest victim of sabotage from cyber attacks by WikiLeaks supporters.But the company denied that 'hacktivists' were responsible, attributing the disruption to technical issues instead.A spokesman said: "The brief interruption to our European retail sites last ...read more
Compass hits £1billion profits landmark
- Posted:
- 24 November 2010 09:24
Surrey-based catering giant Compass has reported operating profits of £1 billion for the first time as it overcame weaker revenues in the UK and Ireland.The Chertsey firm, which provides catering at famous venues including Chelsea Football Club and the Wimbledon tennis championships, said the year to September 30 saw strong ...read more
Amazon offers US-style "Black Friday" deals to boost UK spending
- Posted:
- 19 November 2010 10:01
UK consumers are to have their first taste of the US Black Friday shopping event in which retailers offer loss-making deals to spur Christmas spending.Amazon UK is launching a Black Friday event for the first time this year, promising deals including £1 newly-released CDs and heavy reductions on popular games ...read more
Amazon bids for Lovefilm
- Posted:
- 22 September 2010 09:42
Amazon has made a takeover bid for movie rental firm Lovefilm, valuing the company at close to £200 million according to The Sunday Times.Lovefilm has 1.4 million members, with a catalogue of 67,000 films and games. The company, led by Simon Calver, has also moved into streaming movies to customers ...read more
Blackwell hands ownership to employees
- Posted:
- 10 September 2010 09:42
Privately-owned book chain Blackwell plans to follow in the footsteps of department store John Lewis and hand ownership of the company to its staff, it was revealed today.The proposal comes as the 130-year-old bookseller announced the closure of its Oxford head office and the relocation of staff to its stores. ...read more
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