Home Retail Group has issued a trading statement for the eight weeks to 27th February 2016, a turbulent time for the company given the imminent sale of Argos and Homebase (the latter now completed). Chief executive John Walden ...
Tags: Home Retail Group, Argos
Chinese consumers of luxury products are spending increasingly big money online, as growing use of smartphones makes Internet shopping ever easier, according to a new industry report. The report, by auditor KPMG, Chinese e-retailer ...
Tags: luxury items, smartphones
WSWA Services, an affiliate of Wine & Spirits Wholesalers of America (WSWA) and Drizly, the Boston-based technology company, have entered into a collaboration agreement. With this strategic alliance, both the companies aim to provide ...
Indian mobile commerce platform Paytm has launched its new brand campaign on the ongoing IPL, which aims to reinforce its position as the leader in the mobile commerce space. Paytm is an associate sponsor on Sony and is also the ...
Tags: mobile commerce, Paytm
Honeywell has launched a new range of retail barcode scanners, designed to enable retailers to better connect with customers and minimise checkout time. “Mobile commerce continues to shape the retail industry across Asia Pacific and ...
Tags: Scanners, Mobile commerce
For the fourth fiscal quarter ended January 31, 2015, Wal-Mart Stores, Inc, the biggest global retailer posted a 1.4 per cent year over year hike in consolidated net sales. Consolidated net sales for the fourth quarter amounted to $130.7 ...
Tags: Wal-Mart, e-commerce
Less than four years after acquiring GSI Commerce for $2.4 billion, eBay Inc. announced Wednesday it was studying whether to spin off the business in IPO as part of a broadening restructuring. The company disclosed the plans in its ...
Tags: broadening restructuring, box retailers, Sporting Goods
Samsung has announced plans to shut down its ChatOn messenger app for good. The South Korean firm previously denied rumours that ChatOn was soon to be binned - speculation that we now know to be true. “Under changes in the ...
Tags: Consumer Electronics, Samsung
ShangPin, China’s leading online business-to-consumer (B2C) fashion retailer and lifestyle platform, has signed a memorandum of understanding (MoU) with the UK Trade & Investment (UKTI) and the China-Britain Business Council (CBBC) to ...
Tags: B2C fashion retailer, Apparel
Following dull September sales, US apparel retailer - JC Penney revised downwardly comparable store sales for the third quarter of 2014, which it now expects to be in the low-single digit range, compared to its original guidance of ...
The National Retail Federation (NRF) is supporting the Marketplace and Internet Tax Freedom Act. The legislation was introduced by Senators Michael Enzi, Richard Durbin, Lamar Alexander, Heidi Heitkamp, Susan Collins and Mark Pryor. The ...
Tags: NRF, Marketplace, Sporting Goods
As electronic manufacturers and distributors continue to operate 24/7 through a growing number of sales channels, the volume of information about their products, customers and suppliers is rising exponentially in size and complexity. ...
Tags: Data, Management, Electrical, Electronics
The group reported good performances at both Argos and Homebase, with both businesses delivering positive like-for-like sales growth throughout the year. Sales were up 3% at £5,663m, while cash gross margin was up 2% to ...
Tags: Furniture, Furnishing
EBay Inc. reported that the value of goods sold on its mobile commerce platform increased 70 percent in first quarter ended March 31, 2014 and now represent 19 percent of its e-commerce volume. Total revenue at the company increased 14 ...
Tags: Sporting Goods, Recreation, E-Commerce
The rate of China’s e-commerce growth continues to take many by surprise. China’s large and growing middle-class are making frequent purchases online. More importantly, they are “developing brand awareness, an ...