Ground-breaking community project and social enterprise The People’s Supermarket is faced with closure within the week unless payments can be renegotiated with one of its creditors. Members of The People’s Supermarket are asking Camden Council to enter into further negotiations on their business rate debts, considering the alternative nature of [...]
Walmart, the retail behemouth that owns ASDA in the UK, has announced plans to take a 51 per cent stake in Yihaodian, a popular Chinese e-commerce website. Yihadian launched in 2008 and stocks over 150,000 grocery, clothing and electrical goods, being somewhat of a ‘Chinese Amazon’. Walmart, like many other retailers, [...]
Online marketplace eBay has confirmed that its fastest growing market is the United Kingdom. Devin Wenig, president of global marketplaces at eBay, said that the number of Britons using the marketplace showed “double-digit growth, year-on-year,” outpacing the average for ecommerce. The average growth according to online etailers association the IMRG [...]
Nick Robertson, the founder of ASOS, has been given the OBE in the Queens birthday honours list. Mr Robertson launched the website AsSeenOnScreen in 2000 and has been billed as one of the greatest entrepreneurs of the 20th century, defying critics with ASOS not only surviving the burst of the [...]
Marks & Spencer have announced an online clearance store, allowing customers to purchase discounted products, including menswear, women’s clothing, childrenswear and l ingerie. M&S already have a number of physical stores that operate as discount outlets, the retailer first opened their clearance stores in November 2000 and has expanded the [...]
Argos has hired a relatively unknown American to be its new managing director, as it looks to revive its falling profits and sales. John Walden has extensive experience from his time at Peapod an online grocer, electrical retailer Best Buy and department store Sears. Home Retail Group hired Mr Walden [...]
Apple managed to pull off something amazing with the launch of iTunes Match. We all know that Apple seem to have the midas touch, seeming able to take (almost) any consumer product, re-package it in sleek aluminium, slap a bit of Apple magic on to the user interface and BOOM! [...]
February 08, 2012 05:30 AM Eastern Time LONDON--(BUSINESS WIRE)--The first fundamental change to the way Direct Debits can be set up and managed in 40 years has been launched today. The new service from Cashplus® provides consumers with...