In a sad turn of events, just days after HMV announced that they were entering administration another victim of the move to digital products – Blockbuster a symbol of the entertainment industry throughout the 80s and 90s has too called in the administrators. Although not entirely unpredictable it’s sad to [...]
The introduction of Apple Maps, which will be released with the iOS6 update later this year, will effectively be the launch of a new mobile search platform, representing 23% of the global smart-phone market as of Q1 2012, according to IDC. Not being among those appearing in Apple Maps, appearing [...]
British high street stalwart Clinton cards, fell in to administration this week after being unable to renegotiate it’s debt with it’s largest supplier. Difficult trading conditions forced Clinton’s deep in to the red and the greetings card chain quickly found itself in a ‘credit crunch’ situation with a severe lack [...]
The management of GAME have been told to prepare for administration, it has been revealed, CEO Ian Shepherd, earlier this week told senior staff that the retail group, which includes GAME and GameStation, has two weeks to save itself, according to MCV. There are still hopes that a buyer, such [...]
It has been reported that the campaign to save The People’s Supermarket has been successful and the cooperative store has been given a reprieve. The store was able to secure a number of chatitable donations enabling to meet their immediate debt obligations with Camden council, providing a reprieve for the [...]
Dutch airline KLM, this month began its new social-seating program, Meet and Seat, which allows customers to upload information from their Facebook and LinkedIn profiles and use those details to choose seatmates on flights. Erik Varwijk, a managing director of passenger business at KLM said: “For at least 10 years, [...]
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 [...]