Latest online retail news – Page 247
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News
Macy’s acquires minority stake in online retailer VIPStore
US department store group Macy’s has acquired a $15m (£9.5m) minority stake in Chinese online retailer VIPStore. Macy’s will sell its merchandise to Chinese consumers through a dedicated section on the website. The initiative will allow Macy’s to “test the waters a little bit and learn”, said chief financial officer ...
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NewsAsda aims to double mobile sales
Asda is aiming to double its sales through mobile in the next six months.
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NewsTesco to speed up global online grocery deployment
Tesco is to speed up the process of launching online shopping in new markets after signing a deal to adopt a standard IT solution throughout its business.
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NewsMoonpig founder snaps up stake in menswear etailer
Moonpig founder Nick Jenkins has taken a 50% stake in online menwear retailer Smart Turnout.
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NewsMorrisons considers targeting the South East with online grocery
Morrisons is expected to launch its online food operation in the South East in late 2013.
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NewsIn pictures: PayPal Etail Awards 2012 winners revealed
The winners of the Retail Week and Drapers PayPal Etail Awards 2012 were announced at a ceremony in London last night.
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NewsPoundland launches mobile app
Poundland has launched a mobile app to inform customers about special offers and how to find its stores.
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NewsJohn Lewis posts sales uplift
John Lewis recorded a “solid” week last week with sales up 11.6%.
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NewsM&S latest retailer to slow down store expansion
Marks & Spencer has become the latest retailer to switch the lights to amber on UK store expansion plans as punishing trading conditions persist and multichannel retail grows.
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NewsSales soar at The Entertainer as sector rivals close down
Specialist toy retailer The Entertainer posted a surge in sales in its first quarter as it filled the gap left by closed Woolworths, Early Learning Centre and Hawkin’s Bazaar stores.
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NewsPixmania launches own-brand jewellery range
Dixons-owned Pixmania has set out ambitious plans to become the leading online European jewellery retailer within the next two years.
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NewsMamas & Papas to sell product on Amazon and Tesco sites
Mamas & Papas has identified digital marketplaces as central to its online growth strategy.
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NewsEtailers race to react to new EU cookies law
From Saturday May 26th, online retailers must obtain express consent from customers to set cookies – which harvest visitor data on websites – following a bureaucratic change branded a “waste of time” by ecommerce experts.
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News
Redcoon Germany launches online shop on Facebook
Metro’s Redcoon Germany has launched an online shop on its Facebook page. As an extra incentive, special offers for Facebook users will include lower prices than on its regular web shop Redcoon.de.Redcoon expects to gain new customers with the measure. In three days, 500 more Facebook fans had been added, ...
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NewsHoF drives online investment as ecommerce sales grow
House of Fraser is “investing heavily” in online operations and has switched one of its distribution centres to online-only fulfilment as multichannel grows.
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NewsOcado expects 13% second quarter sales uplift
Ocado has forecast a 13% uplift in gross sales for the second quarter, up from a rise of 10.9% in the first quarter.
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NewsFlying Brands sales plunge as its search for a buyer continues
Flying Brands sales plummeted 35% in the three months to March 31 as it continues talks to sell the business.
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NewsEtailer Notonthehighstreet gets £10m investment
Notonthehighstreet.com has inked a deal with some of Europe’s largest technology venture capital firms for a £10m investment.
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NewsAmazon: Investing in its future
The internet powerhouse Amazon is investing to fund its expansion into new categories.
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NewsOak Furniture Land to increase store numbers
Oak Furniture Land is to more than double store numbers over the next 18 months after strong growth in the past year.