Latest online retail news – Page 258
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News
Svyaznoy posts net sales increase
Mobile phone retailer Svyaznoy has posted a net sales rise at its online store of 133% in 2011, thanks largely to sales of electronic items such as laptops, digital cameras, as well as accessories. The number of visitors to the site soared 71.4% in 2011 with the highest activity recorded ...
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NewsTesco expands Korean virtual stores
Tesco is to expand its virtual shopping walls in South Korea to target university students.
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NewsAmazon considers first physical store
Amazon is to open its first physical shop as it looks to showcase its Kindle.
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NewsEtailer Boohoo grows full year profits
Pinstripe Clothing, the parent company of young fashion website Boohoo.com, experienced a profits jump last year as sales topped £24.5m in 2011.
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NewsMyDeco chief executive resigns
MyDeco chief executive Nicole Vanderbilt is to step down and will be replaced by the interiors etailer’s ecommerce director.
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NewsGeneral retail flat as food groups suffer
General retailers trod water over the week in a flat market, but food groups underperformed as investors continued to fret about supermarket prospects and Kantar data showed the grocery market growing below the rate of food price inflation.
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NewsHeathrow Terminal 2 retail tender takes off
Bosses of retailers including Harrods, Hamleys and Hugo Boss attended the launch of the tender process for the revamped retail offer at Heathrow Terminal 2 last week.
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NewsAmazon full year profits plummet as it continues to invest
Online retail giant Amazon revealed a sharp drop in full year profits despite soaring sales.
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News
Home Depot and eBay to extend PayPal trial
Home improvement retailer The Home Depot and eBay will extend their PayPal in-store payment trial service from five stores to 51 in the San Francisco area. Pilot customers can pay for items via their PayPal account at The Home Depot’s point-of-sale systems using either a PIN via their mobile phone ...
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NewsChristmas updates boost store stocks
As the Christmas trading season drew to an end, retailers of all sorts were in fashion.
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NewsAmazon eyes chilled food offensive
Etail giant Amazon is gearing up to sell chilled foods in a move that would shake up the supermarket industry, sources have told Retail Week.
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NewsDebenhams digital boss exits for Gucci
Debenhams’ digital head Harriet Williams has left the retailer to lead Gucci’s global ecommerce charge.
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NewsKaren Millen to expand online offer across Europe
Fashion retailer to launch local language websites in the hope of repeating German sales success.
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NewsRetail sales suffer steepest fall in three years, says CBI
Retail sales suffered their biggest fall in three years in January, according to the CBI Distributives Trades Survey.
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News
Amazon considering entering India
Amazon may enter India via the launch of its market place platform in a bid to overcome foreign direct investment restrictions on multi-brand retail, it has been reported. Industry sources said the etail giant had already struck deals with other online retailers in preparation for the launch, which would initially ...
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NewsHawkins Bazaar back in the game
The owner of Hawkins Bazaar, Primary Capital – which bought back the business out of administration last week – plans to revive the toy retailer by focusing on concessions and online as it appoints a new chief executive.
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NewsFeelunique.com ramps up overseas
Health and beauty retailer Feelunique.com is to ramp up its overseas presence by increasing its marketing activity as it strives to become the “Asos of the health and beauty market”, according to chief executive Aaron Chatterley.
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NewsFlying Brands sales fall
Flying Brands suffered a fall in sales over Christmas from £4.47m to £3.29m.
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NewsMore shoppers head for mobiles to do Christmas shopping
Mobiles searches accounted for one in five online retail searches in the fourth quarter, with the number of searches on smartphones and ipads 169% up on last year.
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NewsOcado makes boardroom changes as finance boss departs
Ocado chief financial officer Andrew Bracey is to make a surprise departure from the online grocer to join recruitment company Michael Page.