John Lewis saw it sales rise 4.6% last week thanks to the warm weather leading to a week of two halves for trading.Its online sales were up 21% on last year driven with a 46% increase in its click & collect sales.Barry Matheson, director of retail services at John Lewis,...
Shop Direct has poached Gap’s buying boss Zoe Matthews as it re-plans its buying and merchandising team.The Gap’s European buying boss, who also previously worked at House of Fraser, John Lewis and Marks & Spencer, will be joining Shop Direct on July 15th.Zoe Matthews’s new role will be to cover...
Amazon has unveiled its first phone handset, which will feature 3D visuals with four face-tracking front-facing cameras.The user can scroll and access menus by tilting the device, similar to the gesture controls in the Samsung Galaxy range.The basic model will cost $199 and bind consumers into a two year deal...
Mike Ashley’s Sports Direct International has bought a 4.8% stake in flash sale site MySale Group. In a statement, Sports Direct said: “Sports Direct looks forward to developing its relationship with MySale, including the potential to co-operate on significant collaboration and joint venture opportunities in Australasia and Asia.“This partnership approach...
A new chain of stores due to open in 300 UK railway stations will create 3,000 jobs, according to its founders. Travelex founder Lloyd Dorfman and Network Rail are investing in a joint venture to capitalise on the growing click and collect market.The new firm, Doddle, has already signed up...
The owner of electronics retailer Maplin is in talks with UK-based turnaround specialist Rutland Partners to sell the group, according to reports.Private equity firm Montagu Private Equity is thought to be close to agreeing a deal with Rutland worth approximately £80 million.Maplin employs roughly 2,000 people across 200 stores and...
A fan site dedicated to Swedish furniture giant Ikea has been told to remove advertising from its pages or face legal action.IkeaHackers.net, which was set up in 2006, features ideas for customising products bought at the retailer, is allowed to maintain its name under an agreement reached with Ikea’s legal...
Supermarket chain Morrisons has confirmed reports that it is planning to cut 2,600 jobs in order to reduce its management levels as part of a plan to streamline its business.The former chairman, Sir Ken Morrison, told the BBC that the announcement was "very disappointing" and that a more hands-on approach...
Hennes & Mauritz (H&M) said that a “well-received” spring collection led to sales rising almost 20% in May. For the second quarter, the Swedish fashion giant said that pre-tax profit rose to 7.6 billion Swedish kronor (£670m; $1.1 billion).In the period, the group opened its first shop in Australia to...
One of the world’s largest online travel sites has announced that it will start accepting virtual currency Bitcoin as a form of payment.Although plagued by a number of recent security concerns and the collapse of some key currency exchanges, Bitcoin is beginning to be accepted by an increasing number of...
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