Worldwide ecommerce sales grew 21.1% to top $1 trillion for the first time, according to a new report by eMarketer.Sales in the Asia-Pacific area are also predicted to surpass North America this year, with total sales growing 18%.According to eMarketer, more consumers shifted spending from physical stores to retail and...
The former boss of JJB Tom Knight will be launching his new concept for Matalan by the end of the year.The 14 Sporting Pro shops are expected to fill the void left by JJB Sports which went into administration last year, closing 130 stores and resulting in 2,200 redundancies.The stores...
Footfall in July was 0.8% higher than a year ago, an improvement on the 0.1% rise in June, the fourth month since the start of the year to report positive footfall growth.The warmer weather in July had a noticeable impact on the figures, supporting the solid sales performance reported by...
Outdoor retailer Go Outdoors has racked up record sales, helping it back into the black according to its latest reports.The company, which owns over 40 stores, achieved a pre-tax profit of £1.5m after reporting a pre-tax loss of £2.6m on sales of £143.6m in 2012. "2012 was a solid year...
Sony has announced the launch dates for its forthcoming PlayStation 4 console, with the North American launch on November 15th, the same month as its rival the Xbox One. On November 29th, it will launch in other countries including Argentina, Australia, Austria, Belgium, Brazil, Chile, Colombia, Costa Rica, Denmark, El...
New retailers including Currys, PC World, Dunelm Mill and M&S Simply Food, are signing up to the redevelopment of the Manor Walks Retail Park, situated nine miles from Newcastle.James Rowbotham, development manager for Hammerson, commented: "There is a significant gap in major retail brands in Cramlington which our redevelopment of...
One of the biggest names in UK fashion retail, Kate Bostock, is to head up the Coast clothing chain as it contemplates international expansion, according to reports.Ms Bostock left online fashion phenomenon ASOS last month after just seven months as executive director, product and trading. Before that, she was head...
A new study by the Chartered Management Institute (CMI) has found that the difference in pay between male and female managers is intensified by the fact that men on average get double the bonuses of women. Male managers' average extra payments were £6,442 last year compared with £3,029 for women.This...
Trading standards has fined Tesco £300,000 after it admitted misleading customers over a “half price” offer on strawberries.Trading standards officers had alleged that the £1.99 strawberries on sale in Sheldon, Birmingham, in 2011 had not been for sale at £3.99 long enough before they were reduced.Judge Michael Chambers, at Birmingham...
Visitors to the US and Canadian sites of online shopping company Amazon found the site offline for half an hour yesterday in the latest in a series of unexplained problems to hit high-profile websites.The incident, which did not effect the UK site, came just days after Google was hit on...
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