Snapshot: other latest retail news in brief
Former Tesco chief executive Terry Leahy has commented that the supermarket has focused ‘too much on what it isn’t’. “What it is is a very big brand in the centre of the market, and clearly if you’re weak in the centre you can get attacked from all sides,” said Sir Terry, according to the Sunday Times.
eBay Enterprise, an eBay Inc. company, today announced that it will open a new European fulfilment center in Germany in the second quarter of 2015. The multimillion dollar investment illustrates the success eBay Enterprise has experienced during the past 12 months, with double-digit growth across its international client base.
A new record price for a domain name could be set this week when a web address that has been described as the “holy grail of the travel industry” goes under the hammer. It is thought that holiday.com could fetch as much as £20m when it is put up for auction at the World Travel Market event, which opens in London on Monday.
Drinks conglomerate Diageo has offloaded Bushmills Irish whiskey to gain full control of Don Julio tequila from the Mexican company Casa Cuervo.
GBGroup plc, a specialist in identity intelligence solutions, has acquired the entire issued share capital of CDMS Limited, (trading as Transactis), a provider of data management services, from the Shop Direct Group for £6m. The company says that the combination of Transactis’ advanced anti-fraud services, marketing solutions and transactional data (derived from understanding the shopping habits of over 40m UK citizens) with GBG’s existing services and expertise will enable businesses to understand their customers identity in real-time with far greater accuracy.
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