Sunday, September 22, 2019

AO World to buy Mobile Phones Direct for £32.5m

AO World is set to acquire the online phone retailer Mobile Phones Direct for £32.5 million as it looks to expand its offering.

WHSmith acquires InMotion for £155m

WHSmith has agreed to buy pure play travel retailer InMotion for £155 million. In a statement announcing the purchase, WHSmith said it expected the deal...
Maplin

Maplin creditors left with £285m black hole from collapse

Maplin’s creditors will receive just a fraction of the funds they are owed following the electronics retailer's collapse earlier this year. According to The Times,...
Dixons Carphone update

Dixons Carphone to face grilling from shareholders over databreach

Dixons Carphone is due to face a grilling from shareholders next week at its annual general meeting.
Amazon Prime

Amazon reveals record $2.5bn profit jump

Amazon has posted a record profit of $2.5 billion (£1.9 billion) for its second quarter of 2018. Operating income rose to $3 billion (£2.2 billion)...
AO World update

AO World on track after Q1 but demand weakened in June

AO World has reported an eight per cent jump in UK sales, which reflected a strong start to its year in April and May.
Maplin creditors

Maplin creditors stand to lose £217m after collapse

Maplin’s suppliers, employees and other unsecured creditors, plus the taxman, stand to lose almost £217 million following the retailer's collapse.
Maplin

Maplin still owes £150m to creditors

Maplin is understood to owe its creditors nearly £150 million and doubts have been cast over how much many of them will get back.
Mike Ashley Game

Mike Ashley now Game’s largest shareholder

More movement on Game's board as Mike Ashley becomes the biggest shareholder at the retailer.
Dixons Carphone pension

Dixons Carphone UK boss Katie Bickerstaffe steps down

Dixons Carphone’s UK and Ireland chief executive Katie Bickerstaffe has announced her departure from the retailer after 10 years.

Feature Resource

Why should you focus on the point of sale?

Because 65% of purchasing decisions are made at the POS! Visibility is the key factor for decisions at the Point of Sale! Hence - SHOPPERS...