Latest online retail news – Page 316
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90% of Christmas shoppers to go online
This year 90 per cent of shoppers will turn to the internet to research and buy their Christmas gifts.
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Findel: The City view
The home shopping group delivered interim benchmark pre-tax profits of 7 million – down from 8.5 million last time – on sales up 1 per cent to 294.7 million.
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Home Retail prepares to launch clearance site for cut-price sofas
Home Retail Group is to launch a standalone clearance web site offering “massive discounts” on sofas.
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Leading entertainment distributor collapses
Pinnacle, one of the UK’s leading entertainment distributors, has gone into administration.
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Amazon launches digital download offer
Amazon has launched its long-awaited digital music download service, Amazon MP3.
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Tesco to adopt hosted recruitment system
Tesco has signed up to use an online recruitment and applicant tracking system from Bond International Software in its head office.
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Findel profits up
Home shopping group Findel has reported a total pre-tax profit of 5.7 million in the six months to September 30, up from 2.5 million the year before.
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Automated Q&A feature drives Zavvi’s online sales
Zavvi has reduced abandonment rates and increased conversion levels on its web site after adding a tool that provides automated customer service.
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Asda Direct launches digital magazines service
Asda Direct has started selling downloadable online versions of consumer magazines through a “digital newsagent” service.
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Sir Tom Hunter will not bid for Flying Brands
Retail billionaire Sir Tom Hunter has dropped his bid to buy multichannel retailer Flying Brands.
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John Clare sells slice in social e-tail venture
Former DSGi chief John Clare and advertising guru Lord Saatchi have sold a substantial stake in their social shopping site Myfaveshop.com to take the business forward.
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Mallplace.com: Virtual mall launches with affiliate offer
A virtual mall has launched this week that hopes to become a destination for consumers to browse stores on the web in a similar way to how they would in real life.
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Urban Retreat web site plans user reviews
The e-commerce site of beauty brand Urban Retreat is introducing customer ratings and reviews as part of a plan to make the site into a beauty portal.
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Tesco Digital tests film download service
Tesco has launched a beta version of a movie and TV download section on its Digital site.
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Asos sales and profits soar
Online fashion retailer Asos has once again defied the economic downturn, reporting a jump in pre-tax profits of 68 per cent to 4.1 million for the six months to September 30.
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Tesco adds movies and TV to download site
Tesco has added movies and TV shows to its digital download site Tesco Digital.
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NewsJD Williams invests for web performance
Home shopping retailer JD Williams is aiming to maximise the performance of its websites using application reporting software from CA.
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Net-a-Porter chief Sven Gaede resigns
Net-a-Porter’s chief executive Sven Gaede has resigned less than six months after joining the business.
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John Lewis Partnership agrees new Ocado deal
The John Lewis Partnership has agreed to a five-year brand and sourcing agreement with Ocado and transferred its stake in the online grocer to its pension fund.
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EBTM sales rise
Sales for online music and clothing retailer EBTM increased by 17 per cent in the 24 weeks to October 17.















