Retail News
US: Digital River introduces mobile commerce offering
Digital River Inc. has introduced a new mobile commerce offering that includes a smart online storefront. Read more..
Mobile security threatening consumer adoption of mobile services
Consumers are increasingly dependent on their mobile phones but more than 52 percent do not feel it is secure. Read more..
Retail round up - The Saturday papers
Tesco investors vote against management share option plan, Coffee Republic shares suspended,Baugur boss Gunnar Sigurdsson chosen to chair Hamleys, JJB Sports plans to tap shareholders for at least £50m to fund turnaround plan, Recovery hopes are boosted as services sector picks up momentum... Read more..
Money down the drain: Washing away internal theft
'High street retail freeze-out', 'plunge in sales adds to retailers' woes', 'retailers braced for 'horrible' year' These are just a few of the headlines we've seen this year highlighting the current plight of the British retail industry. By Doug Hargrove Read more..
Retail round up - The Friday papers
Home Retail Group investors in protest vote over pay at owner of Argos and Homebase, Housing crash is now past its worst,European car sales 'will not recover for five years',Fashion designer George Davies names sites for GIVe chain, 'Consumer advocate' to take on legal action on behalf of ripped-off customers,The car stays in the garage as more drivers see green... Read more..
Tackle shrinkage and boost your bottom line - Free to attend for retailers
75 per cent of shrinkage losses are attributed to employee and customer theft.Join your peers at the Retail Loss Prevention Summit 2009 Read more..
New consumer research underscores need for greater payment security measures
Seventy-three per cent of consumers surveyed in the United States, France and Great Britain say that more stringent standards are required before they will trust the security of their credit card transactions. Read more..
ID cards proposal of limited benefit in preventing underage sales
The Association of Convenience Stores has urged caution over Government claims that a national ID card will make a significant difference to the challenge of preventing underage sales. Read more..
Retail round up - The Thursday papers
Vodafone to return to Carphone Warehouse,Blockbusters help Blu-ray sales spin up by 231pc,Recovery may not be sustainable, CBI warns, M&S sees spending stabilising as sales fall less than expected,EU travellers get mobile phone price cut,Kmart offers discounts to jobles,Supermarkets adapt tactics in price wars... Read more..
Retail round up - The Wednesday papers
Tesco linked to early sale of Northern Rock,UK economy shrinks at fastest rate for 50 years,Lack of properties props up house valuations,credit insurance hits Threshers,Oxford Street launches world's first high street fashion week,Tesco's treatment of staff overseas comes under fire from trade union,Pirc backs moves to force M&S to split Rose's role... Read more..
HMV still spinning out the initiatives
HMV Group appears somewhat reliant for growing its sales on the death of competitors (Woolworths, Zavvi and Fopp) and to a lesser extent artists (Michael Jackson), which does not exactly bode well for the group’s long-term future as there are none of the former left and few musicians with as big a following as the latter. By Glynn Davis, City editor Read more..
Fundamentals not Very good at Littlewoods Direct
Shop Direct Group is certainly keeping itself busy at the moment. It has just launched the new Woolworths website and on Sunday (July 5) will unveil its overhauled Littlewoods Direct site that will be rebranded as ‘Very’ and have a focus on younger customers. It will also start selling to other countries from next month. By Glynn Davis, City editor Read more..
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