Latest online retail news – Page 250
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NewsUpdate online checkout, urges Rose backed venture
Retailers are being urged to overhaul and update their online checkout systems after a report showed retailers are losing £2.4bn in revenue as shoppers abandon purchases at the checkout.
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NewsOnline retailers set to gain from new trust mark
Online retail association Interactive Media in Retail Group (IMRG) has signed a deal with Trusted Shops which could allow UK retailers to benefit from a potential £1bn of sales.
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NewsDixons suffers websites crash
Electricals giant Dixons’ websites crashed this morning, at first reportedly as a result of traffic volumes for its Sale.
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NewsAmazon launches publishing venture
Amazon is to launch a publishing operation in the UK as it looks to fend off competition in the ebook market.
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NewsAurora: Focusing on growth
The fashion group is driving success by focusing on multichannel and overseas growth.
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NewsMy-Wardrobe hires Worby to spearhead global growth
Fashion etailer My-Wardrobe.com has poached Harrods ecommerce boss David Worby as its new chief executive, leaving co-founder and current chief executive Sarah Curran to focus on strategy.
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NewsHolland & Barrett focuses on multichannel
Health and beauty retailer Holland & Barrett is taking its first steps towards becoming an omni-channel retailer in an effort to allow customers to shop how they want.
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NewseBay launches new spring ad campaign for fashion
EBay is to launch a spring advertising campaign to showcase the brands which sell on its Fashion Outlet site.
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Amazon acquires James Bond US book rights
Amazon has bought the rights to produce James Bond novels in North America as the online giant takes a step closer to becoming a publisher.
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NewsDebenhams first half pretax profit exceeds expecations
Debenhams first half pretax profit has exceeded expectations, increasing 1.4% to £127.1m as its strategy to push international and multichannel drove growth.
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NewsMothercare’s Calver to drive online growth
Struggling maternity retailer Mothercare is relying on its new boss, former Amazon executive Simon Calver, to turn around its ailing online business as it seeks to emulate the etail giant in the face of
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Nordstrom purchases online clothing brand
Upmarket department store group Nordstrom has purchased Bonobos, an online brand that sells custom-fit men’s clothing, at a reported cost of $16.4m (£10.3m). In addition to the funding, Nordstrom will sell Bonobos clothing at some of its stores and on its website.The deal with Nordstrom marks the first time Bonobos ...
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Bharti Walmart to establish online operations in India
Bharti Walmart is likely to set up an online operation in the country with the grocer reportedly looking to partner with domestic ecommerce companies. Online retailing is gaining ground in India with several companies such as Amazon’s Jungle.com coming to the market, an indirect entry owing to the current restrictions ...
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NewsBT Retail Week Technology Awards shortlist announced
Many big name retailers and their suppliers in the running for an award that recognises excellence in innovation.
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NewsRetailers warned of ‘unsustainable’ online model
Online retailers face a steep rise in delivery costs because the current model is unsustainable for fulfilment firms, according to the boss of one of the UK’s largest distribution firms.
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NewsArgos to widen revenue stream by selling adverts
Multichannel retailer Argos is to add a new revenue line to its mix by selling advertising space in its catalogue, in stores and online.
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Sears launches first purchasing app
Department store operator Sears Canada has launched its first app for both iPhone and Android devices. The app offers browsing and purchasing capabilities and is available in English or French. Exclusive promotions and daily deals are also on offer to shoppers using the application as well as a store locator ...
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Best Buy chief executive resigns
The chief executive of US electricals giant Best Buy has resigned after the retailer’s recent poor performance. Best Buy said it was a mutual decision for Brian Dunn to step down and it was “time for new leadership to address the challenges that face the company”. The retailer has struggled ...
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NewsWarm weather drives March retail sales increase
UK retail like-for-like sales increased 1.3% in March as warm weather boosted the performance of non-food, according to the British Retail Consortium (BRC) KMPG Retail Sales Monitor.
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NewsLand Securities encourages online price comparison in centres
One of Britain’s largest shopping centre owners Land Securities is preparing to install free wi-fi and a price comparison programme to all its 22 centres.