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 [...]
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 [...]
Social sign-on could solve one of the oldest problems on the internet, users hate having to sign up for websites, we’ve known this for some time now, there’s nothing worse than trying to buy something or download something and having to fill in 20 or so fields of personal information, [...]
Proposed new laws would apply to any company offering services in an EU nation, online or otherwise and the aim of the new regulations is to make it easier for users to move and remove their data from one service to another. Supporters argue that it will force companies and [...]
Goods bought via smartphone are likely to become an increasingly crucial part of the retail landscape, according to the UK retail director of eBay. Angus McCarey told Econsultancy that ten per cent of eBay’s UK sales had came over mobile devices this year, indicating consumers comfort with using mobile for [...]
Shopping online for Christmas presents and having them delivered has become second nature to British shoppers over the past few years, according to eBay. Buying presents over the internet, gift wrapped and delivered either to home, store or collection points is increasingly common, said a report on shopping habits from [...]