Co-op Food spending £100m lowering prices of essential products

Co-op Food will spend £100m lowering the prices of hundreds of staple products in response to growing pressure from discount stores.Prices of bread, milk, eggs, chicken, bacon and bananas will be cut across 2,800 stores and positioned in-store as “Fair & Square prices.”The changes will be supported by a high-profile... read more...
12:11PM - Thu 24th April 2014
Amazon CEO Jeff Bezos

Amazon is not the enemy of large retail brands: new report

- Large retailers are in total control of their relationship with Amazon and should use the e-commerce giant’s wide range of services to grow sales and increase brand awareness.That’s the clear message in a new whitepaper from e-commerce platform Ch...
01:53PM - Wed 23rd April 2014
image(c)iStockphoto.com/Yunus Arakon

Streamlining communications: how retailers stand to benefit from mobile messaging

- Mark Hay, CEO/CTO of HSL Mobile, discusses why retailers need to consider mobile messaging at the heart of their internal and external communications strategiesRetailers invest a great deal in reaching customers and effective communication is a cr...
05:26PM - Tue 22nd April 2014
image(c)iStockphoto.com/Neustockimages

Footfall sees 1.9% Easter decline, says Springboard

- Retailers missed a “big opportunity” as footfall dropped 1.9 per cent over the Easter weekend as consumers shunned shopping over the holiday period.The figures suggest that consumer confidence is still fragile, despite wage rises matching inflatio...
12:19PM - Tue 22nd April 2014
Launched in September 2006 in London, Sofa.com then opened in Amsterdam in 2009 and in New York in 2012

Sales up 20% at Sofa.com as it searches for new investors

- Online retailer sofa.com has posted a 20 per cent sales rise for the 12 months to 28 February 2014 as it prepared a potential sale.The retailer, founded eight years ago by entrepreneurs Rohan Blacker and Pat Reeves, has hired investment bank Altiu...
09:46AM - Tue 22nd April 2014

Is virtual window shopping on mobile devices key to purchase decision-making?

- Online shopping is entering a new chapter. Sales via mobile devices, usually tablets or touch-screen phones are rising and are often quite distinct from sales via laptops or desktop computers. Window shopping on a mobile device is now also increas...
02:09PM - Thu 17th April 2014
image(c)iStockphoto.com/Justin Horrocks

Late Easter causes retail sales dip in March, says BRC - KPMG

- The late fall of Easter has skewed retail sales figures from the British Retail Consortium and KPMG for March.Like-for-like UK retail sales were down 1.7 per cent against a 1.9 per cent rise in March 2013.David McCorquodale, Head of Retail, KPMG, ...
11:43AM - Wed 16th April 2014
17% of customers buy alcohol at independent discount stores. image(c)iStockphoto.com/xyno

Household goods most popular item at independent discounters

- Household goods are the most popular item bought from independent discounters, according to a survey by Rowan, specialist wholesaler to the discount channel.The survey, of 2,000 adults of independent discounters, found that 70.4 per cent used the ...
11:12AM - Wed 16th April 2014
Marc Rosen, Executive VP and president of global e-commerce at Levi Strauss

Levi Strauss poaches Wal-Mart director

- Marc Rosen will join clothing brand Levi Strauss next month as executive vice president and president of global e-commerce.Rosen will look to establish Levi and Dockers with digital flagship stores to drive omni-channel growth and will focus on hi...
02:56PM - Tue 15th April 2014

Virtual reality on the High Street?

- Facebook’s proposed purchase of Oculus VR, makers of the Oculus Rift virtual reality head-mounted gaming device, surprised us all. Prior to this Facebook had only bought other software companies (Gowalla, Instagram, and WhatsApp among them), so wh...
12:27PM - Tue 15th April 2014
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